I am a private teacher & tutor,
male 35 yr old living in my own house .
Father of one boy 9 months young & one daughter 5 year .
Please suggest me
what should i do to cover my future finance needs ,
My present financial status is as follows==*
Annual income 3,50,000
Agricultre’s income 50,000
Owner of one bike
but likly wanted to buy a car
investment as follows
1=Lic bimagold 3,000 per yr (sum
assurd 50,000) for 16 yr
2=Lic marketplus 20,000 single premium
3=Lic moneyplus 10,000 single premium
4=Maxnewyork life SIPS penson plan
15,000 pr yrt
5=ICICIPRU LIFE SMARTKID RICH 2 PLAN 15,000 pr yr
6=Reliance life health plan 6500 pr yr (covering 2 lakh for me & wife)
7=UTIMF DYF growth SIP 1000 started nov 2011
8=HDFC TOP200 SIP 1000 started feb 2012
9=Bank RD 500 started feb 2010
10=Sbi PPF account just opend
with 1000 feb 2012
11=Sbi 999 days FD 20,000
MY GOAL AT THE AGE 55 yr
1=In saving account 20,00,000
2=for son 50,00,000
3=for daughter 50,00,000
4= for extra expenses 50,00,000
Plz suggest me how to achieve this.
I am trying to increase
my income and i can bcoz i will do it any how…..