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Home | Investor Education Articles | Financial Dreams vs Financial Responsibility

Financial dreams vs Financial responsibility

Everyone has a dream. We all want to be wealthy when we hang up our boots. Reality strikes when we are reminded of our responsibilities. In the financial world, we need to be financially responsible before we realise our dreams.


Some key differences that need to be kept in mind while planning your finances.


Financial dreams represent a future event e.g. buying a car or a property. On the other hand, responsibilities are regular commitments in life that need to be met. However, responsibilities can also arise suddenly like a medical emergency or be a future event like providing for child’s education. In short, one has to be financially prepared to meet life’s needs at all points of time.





Investment Thought:
Be fearful when others are greedy. Be greedy when others are fearful.