Makara Sankranti: Adding Festive Spirit To Your Finances

By siliconindia | Thursday, 15 January 2015, 06:47 Hrs

BANGALORE: Makara Sankranti is a major harvest festival celebrated by Hindus in various parts of India with distinct names and rituals. It marks the transition of the Sun into the zodiac sign of Capricorn on its celestial path. Scientifically, this day marks the beginning of warmer and longer days compared to the nights. Apart from harvest festival it is also regarded as the beginning of an auspicious phase in Indian culture and marks the end of an inauspicious phase.

Makara Sankranti is a festival to recognize the good hopes, happiness, fortune and it is a time to remind you about the financial planning. Here is a list of money lessons to master your money, as compiled by Sangam Investments.

Lesson Number 1: Get set for a flight:

Financial planning requires careful planning and many people do not understand the significance of financial planning. In today's uncertain economy, goal financial planning is very important. When you have a financial plan, it's easier to make financial decisions and stay on track to meet your goals. And it is equally important to invest money, which can yield great returns, not to mention it helps to build your confidence. And it also important to review your budget on a regular basis to make sure you are on track. A healthy planning can save up a lot of money for your future.