We all have been told from our childhood by our parents to save money. Now that we are grown-up adults, we all have understood our lesson that in order to achieve all long-term and short-term goals, it is important to invest in the best savings plan. While there are many savings options available in India from FD, NPS, and PPF, insurance companies also offer plans that can help us to save money such as savings plan and money back plan to name a few.
In these plans, part of your premium will be used to provide life cover to the policyholder and the rest of the amount will be invested in market-linked funds. Savings plans are unquestionably the best investment choice in India, and many people use them to achieve their goals due to their features which it provide regular payouts that can help you fulfill short and long-term goals.
In this article, we will be delving deeper to understand what are the factors that one needs to keep in mind while investing in a savings plan:
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1. Risk Capacity and Profile: To choose the best savings plan, you must first assess your risk tolerance. Personal preferences and age are the two most critical factors that influence one’s risk capacity. People in their 20s and 30s can typically choose investment opportunities with a high risk-reward ratio. They can choose more competitive options, such as investing more in equity or stock markets rather than debt markets.
On the contrary, a traditional investment or a money-back plan is ideal for investors who are unwilling to take on significant risk. These moderate-risk savings plans guarantee a return to investors, albeit at a reduced rate of return.
2. Investment Duration: Another important consideration when selecting the best savings plan is the time period during which the funds are invested. There are several savings plans that give investors along to medium-term investment horizon while also serving as tax-saving investment options. Some of the best savings plan can help you increase your funds throughout the insurance tenure.
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You can begin investing with a small sum and gradually increase your corpus. Investing a small amount in savings plans is achievable because most financial institutions realize that a person’s earnings and savings fluctuate based on age, and thus, they provide them with the option of increasing or decreasing the amount invested.
3. Ultimate Goals: Before selecting any insurance plan such as a money back plan or child insurance plan for you, you must first determine why you want to save. When you know what your ultimate aim is, you can quickly identify potential tax-saving investments. These goals can range from building a retirement fund to saving enough money for your child’s higher education or wedding or even building a house.
4. Understand the highlights of a Savings plan: Different savings plans have distinct features. The best and most tax-saving investment plans allow you to withdraw a portion of the money after a specified period of time while keeping the other half with additional benefits. On the other hand, some savings plans have a predetermined term of 5 to 10 years or even 30 to 35 years. With numerous options and comprehensive coverage, you can select the best savings plan that will provide you with both protection and savings. As a result, before making a decision on a savings plan, it is critical to consider all of its features and benefits.
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5. Flexibility in a savings plan: To achieve all of your long-term goals, you must adopt a flexible savings strategy. This allows you to meet any unexpected short-term needs that arise during the course of the insurance period.
6. Cost of getting the Savings plan: Another and most crucial consideration when selecting a savings or money back plan is the cost. When deciding on the appropriate savings plan for you, you must fully understand the associated fees and costs. The best savings plans would not only come with low fees but also provide flexibility in terms of cash withdrawal, tenure, and interest amount.
7. Inflation: When investing in a savings plan, one should consider the inflation rate as well. Only if the inflation rate is lower than the rate of return on the savings plan and investment plan should one opt for the plan. If the rate of inflation exceeds the rate of return, no real wealth growth or capital accumulation will occur. If an investor is making a long-term investment, he or she should consider and grasp both the pros and cons of investment in the savings plan.
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Determining expenses: When starting a savings strategy, one must recognize that his or her spending should be kept to a minimum. If the majority of the available cash is spent, future real capital accumulation will be reduced. Thus, determining and selecting the appropriate plan is critical. One should analyze the many possibilities available under savings investment plans before making an informed decision.
Performance of the Plan: To determine which risk class the savings policy and investment plan belong to, it is necessary to track their performance over time. It is necessary since it provides diversity opportunities for the investor. Investor fund portfolios must be reviewed on a regular basis.
Understand the corresponding Terms & Conditions: Another crucial factor is to be familiar with the jargon and the terms and conditions of the savings plan. This helps us grasp the plan’s features and advantages better. It is equally crucial to discuss and understand the associated costs and expected returns. You must be aware of the nature and type of deductions that the maturity amount is subject to—this further aids in making an informed investment decision.
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In the end,
We all know that proper financial planning is vital for dealing with unexpected events such as death. One of the dependable ways to ensure a financially secure future is to begin saving regularly at a young age. By investing your money in a savings plan, you may create a secure financial bubble for your family while also enjoying significant tax benefits.
Heana Sharma: A rising talent, Heana boasts 2 years of versatile content writing experience across multiple niches. Her adaptable skills result in engaging and informative content that resonates with a wide spectrum of readers.
In the busy business world, the configuration of an office and the furniture within can have a huge impact on work productivity and professional image. The desk for executives, for example, is not just furniture; it is a statement. Executive desks are a very status-reflective piece, reflecting the taste of the person behind the desk.
Executive desks require much focus on its aesthetic value, but at the same time, its functionality. The executive’s desk should function well on a daily basis, offering ample room for computers, documents, and meeting areas, without losing style.
How to Choose the Perfect Executive Desk for Your Office
While choosing an executive desk, the first thing to consider would be the size of the office space. In terms of desk size, these vary widely. In terms of shape, an executive desk can range from the basic rectangular to an L and even U configuration that opens more work area and also more storage space. The right desk should match the office layout, enhancing the practical function and visual appeal of the office.
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Material also plays a critical role. Desks made of quality wood including cherry, mahogany, or walnut are strong and have a permanent classic look. Materials such as glass or metal can give a sleek, contemporary impression to a space for a more modern appearance.
Key Features of High-Quality Executive Desks
Built-in drawers or filing cabinets will be attached to a functional executive desk. This helps ensure that important documents are stored, kept in order, and are easily accessible. Other built-in features should include electrical outlets and USB ports to keep the flow of work moving by having all the needed devices powered and connected.
One of the greatest factors in choosing an executive desk is ergonomics. The desk should be at the right height to ensure that users can work long hours without any difficulty. Adjustable heights in desks can be a plus point to let users switch their working posture between sitting and standing and vice versa, so that better posture and less chance of back pain are achieved.
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Blending Technology With Your Office Desk
As we have briefly shown you, a modern executive desk is more than just a work surface, but instead, these desks have evolved into command centers, communicating with all business departments. How? By integrating technology right into the desk. The best executive desks house in-built charging stations, including USB and power outlets, which would normally have to be added on separately, allowing the use of devices without extra clutter from more cables.
Others have inbuilt docking stations for the modern worker’s most important tools: smartphones, tablets, or laptops. This integration makes for a clean, efficient workspace appropriate for any task; e.g. high-focus individual work or dynamic group meetings. As technology gets consolidated into the desk, executives are able to keep the workspace clean and organized for focused work.
Maximizing Your Space
Corner desks can work very well for an executive who is confined to a smaller space. They will simply slide into the corner of any room, keeping valuable space on the floor open, yet still leaving ample workspace. They often come with shelving and other storage options, making it equally utilitarian as it is space efficient.
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Further, you may want to know that the location of an executive desk can affect peoples’ perceptions of the office. A desk that looks out towards the entrance, for example, is one that looks invitingly opened up—favorable and hospitable. A desk with a window view can offer a relieving background for the hectic days. The natural light helps.
Making a Statement with Your Executive Desk
The executive desk you choose sets the tone for the office. It does influence much—from your comfort and productivity up to how you are seen by visitors and colleagues. A well-chosen executive desk meets both basic functional needs and goes an extra step to enhance the office’s decor.
When selecting your executive desk, consider how each feature adds to the cohesiveness and appeal of other furniture items within the office, providing the ambience of a cohesive and inviting workspace. Your desk will need to complement different furniture items so as to offer an overall modern look.
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Conclusion
An executive desk is more than just a work space. It’s your office environment’s centerpiece. A centerpiece that showcases your professional image and style. Be it a traditional wood desk or a sleek modern design, your executive desk should step up both the functionality and look of your office. Make a careful choice that would suit your personal needs and the professional image you wish to project.
World Press Freedom Day is commemorated every year on 3rd of May. This day serves as a significant occasion on which fundamental principles of press freedom are honored.
On this day, freedom of the press on the global platform is assessed. World Press Freedom Day is observed to ensure the protection of human rights, independence of the media and especially the sacrifices made by true journalists.
Numerous journalists meet their ultimate demise when they tried to enlighten the public by truly fulfilling their duty truly.
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World Press Freedom Day recognizes the importance of an independent and free press. It ultimately upholds the common citizens’ right to information.
This year, in 2024, UNESCO alongwith the Government of Chile, will host it’s a 31st edition in Santiago. This will ensure a global platform for exchange of ideas, debates and discussions.
Press Freedom Day 2024: Date and Theme
World Press Freedom Day is observed every year on May 3. This year, in 2024, it falls on Friday. The theme set for 2024’s World Press Freedom Day is “A Press for the Planet: Journalism in the Face of the Environmental Crisis.”
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History and Significance
In December 1993, following UNESCO’s General Conference’s recommendation, the United Nations General Assembly proclaimed the World Press Freedom Day for the first time.
The annual commemoration of “the Declaration of Windhoek” kickstarted. Thus, Press Freedom Day’s observance started worldwide.
World Press Freedom Day plays a pivotal role in present time and since time immemorial. It underscores the significance of press freedom, government respect for freedom of expression, and ensuring public access to true information.
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This day also spreads awareness of obstacles faced by journalists worldwide, such as censorship, violence and threats.
World Press Freedom Day is celebrated to protect media independence, and the public’s access to true and correct information.
Explore the 2024 World Press Freedom Day theme, quotes, images, messages, banners, posters, and Instagram captions to celebrate and raise awareness about press freedom.
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Best World Press Freedom Day 2024 Quotes, Images, and Messages
“Freedom of the press is not just important to democracy, it is democracy.” – Walter Cronkite
“Our liberty depends on the freedom of the press, and that cannot be limited without being lost.” – Thomas Jefferson
“Freedom of the press is a precious privilege that no country can forego.” – Mahatma Gandhi
“No prison is big enough to contain free speech.” – Mazen Darwish
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“A free press is one of the pillars of democracy.” – Nelson Mandela
“The printing press is the greatest weapon in the armory of the modern commander.”- T. E. Lawrence
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“The press should be not only a collective propagandist and a collective agitator, but also a collective organizer of the masses.”- Vladimir Lenin
“Journalism can never be silent: that is its greatest virtue and its greatest fault. It must speak, and speak immediately, while the echoes of wonder, the claims of triumph and the signs of horror are still in the air.” — Henry Anatole Grunwald
“I believe in the profession of journalism. I believe in the future of the press, and I believe that it is the cornerstone of any democracy.” — Annabel Crabb
Dwayne Douglas Johnson, also known by his screen name ‘The Rock,’ is a prominent American actor, wrestler, and businessman. He was born into a family closely connected to wrestling in Hayward, California, on May 2, 1972. His father, Rocky Johnson, was a professional wrestler. His maternal grandfather, Peter Maivia, rose to prominence in the professional world as ‘High Chief.’
A major part of his early childhood was spent traveling with his parents and watching his father wrestle in the ring. He was very good at sports and started playing football throughout his high school years. He earned a full scholarship to the University of Miami, where he excelled. He obtained a Bachelor of General Studies degree in criminology and physiology the same year.
Following in his father’s footsteps, Johnson tried his hand at professional wrestling and made his professional wrestling debut in the United States Wrestling Association. Johnson started his acting career, and his first stint in acting was as his father in an episode of “That ’70s Show.” Later, he starred in “The Scorpion King” (2002). His early film appearances were mainly action-oriented and include “The Rundown” (2003) and “Doom” (2005).
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He also starred in Richard Kelly’s “Southland Tales” (2006), “The Game Plan” (2007), and Will Ferrell’s comedy, “The Other Guys” (2010). However, his career hit a high when he played the role of Luke Hobbs in “Fast Five” (2011), and the film became a big hit.
Discover the best birthday wishes, quotes, images, and greetings for Dwayne Johnson. Download exclusive WhatsApp status videos to celebrate!
Happy Birthday Dwayne Johnson Wishes, Messages, Images, Quotes, Greetings, and Sayings
🎉 Happy Birthday, Dwayne Johnson! Keep rocking and rolling into another fantastic year! 🌟
🍰 Cheers to the People’s Champ on his birthday! Wishing you strength and success in all you do! 💪
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🎈 Wishing you a smashing birthday, Dwayne! May your day be as awesome as your wrestling moves! 🤼
🎂 To the hardest worker in the room, happy birthday! Hope your day is filled with joy and laughter! 😄
🥳 Sending birthday wishes to the man who can do it all! Have a spectacular day, Dwayne Johnson! 🌟
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🎁 Happy Birthday, DJ! May your year ahead be as epic as your movies! 🎬
🥂 To a true inspiration, Dwayne Johnson: wishing you a birthday as grand as your personality! 🌟
🎊 Rocking birthday wishes to you, Dwayne! May all your dreams come true this year! 🚀
🍰 Here’s to more adventures, more success, and more cake! Happy Birthday, Dwayne! 🎉
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🎈 Happy Birthday to the man who never fails to entertain us! May your day be filled with all your favorite things, Dwayne! 🎂
🎉 Happy Birthday to the electrifying Dwayne Johnson! Keep shining bright in everything you do! ⭐
🥳 Here’s to another year of breaking barriers and setting records! Happy Birthday, Dwayne! 🏆
🎂 Wishing you a day full of happiness and a year filled with joy. Happy Birthday, DJ! 🎁
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🍰 Celebrating the ultimate hero, on and off screen! Have a power-packed birthday, Dwayne! 💥
🎈 May your birthday be as monumental as your legacy! Cheers to you, Dwayne Johnson! 🍾
🎉 Rock this birthday as you rock every challenge—head-on and with a smile! Happy Birthday, Dwayne! 😊
🎁 Sending the warmest wishes to you on your special day. Keep inspiring us, Dwayne! 🌟
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🥂 Wishing you a birthday that’s as wonderful and generous as you are! Happy Birthday, Dwayne Johnson! 🎊
🎂 To the man with the biggest heart and the strongest arms, have a fantastic birthday, Dwayne! 🤗
🎈 Happy Birthday, Dwayne! May your day be filled with love, laughter, and lots of cake! 🍰
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🌟 Wishing the most electrifying man in entertainment a truly spectacular birthday! Keep inspiring, Dwayne! 🎉
🎂 Happy Birthday to a real-life superhero! May your day be as amazing as your action scenes! 🎥
🥳 To the rock solid foundation of every project you touch, have a phenomenal birthday, Dwayne Johnson! 🛠
🍰 Sending big birthday cheers to the man who always raises the bar! Here’s to another groundbreaking year! 🏋️♂️
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🎈 Happy Birthday, DJ! May today be full of the joy and passion you bring to your performances! 🌟
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🎉 Every year, you redefine what’s possible. Happy Birthday, Dwayne, and here’s to many more! 🚀
🎁 Here’s to good health, great happiness, and the continuation of your incredible journey. Happy Birthday, Dwayne! 🌍
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🥂 Celebrate today like the champion you are. Happy Birthday to the mighty Dwayne Johnson! 🏆
🎂 On your birthday, we hope you get a chance to rest, relax, and recharge. You deserve it, Dwayne! 🌴
🎈 Wishing you a day as memorable and inspiring as your career. Happy Birthday, Dwayne Johnson! 🎥
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🌟 Happy Birthday to the legend himself, Dwayne Johnson! May your year ahead be as dynamic and successful as you are! 🎉
🍰 Rock the year ahead like you rock every role—Happy Birthday to an incredible actor and person! 🎬
🥳 Sending supercharged birthday wishes to the unstoppable Dwayne! Keep leading the way! 🌍
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🎂 Here’s to health, happiness, and another year of smashing your goals. Happy Birthday, DJ! 🏋️
🎈 May your birthday be as fun and exciting as a day on set with you, Dwayne! Enjoy every moment! 🎥
🎉 Wishing you a birthday as epic and thrilling as your adventure films! Keep the adventures coming, Dwayne! 🏝️
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🎁 To a genuine role model, may your birthday be filled with the love and respect you so richly deserve! 🌟
🥂 Cheers to you, Dwayne Johnson! May your special day be filled with joy and surrounded by loved ones! 🎊
🎂 May this birthday offer you as much happiness as you give to your fans worldwide! 🌐
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🎈 Keep inspiring and lifting spirits wherever you go. Have a smashing birthday, Dwayne! 💪
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