INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
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Advantage:Control over salary
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Wealth
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Time
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Success/Happiness
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Success/Control
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Explanation:
Detailed explanation-1: -The rule states that you should spend up to 50% of your after-tax income on needs and obligations that you must-have or must-do. The remaining half should be split up between 20% savings and debt repayment and 30% to everything else that you might want.
Detailed explanation-2: -Step 1: Save Smartly. Saving is the first step towards wealth creation. Step 2: Turn your monthly saving into investment through SIPs. Step 3: Increase your investment periodically. Step 4: Invest lumpsum when possible. 20-Feb-2023
There is 1 question to complete.