Well, we are still hovering in the mood of Thanksgiving and we are sure many of you have geared up on new changes in life.

Have you considered anything on financial independence front? With festivity spree being prominent in the air and whole lot of positivity around, time to set yourself up for some financial independence.

1. Take a journal this season and start right now

2. Mark your age and the journey starts from here

3. List down your current assets and liabilities

4. Start with savings of a fixed percentage of your income

5. Get atleast one Life insurance and Health insurance and get sorted

6. If you have no investments at all, stash away some part of your income into FD and/or Public Provident Fund. Even if the returns are not very lucrative as compared to MFs and stocks, they are stable and secured. You get guaranteed returns.

7. Next is to start with some risky, yet profitable investment ventures like Equities, SIP and Mutual Funds. This is only if you are up for it. Make sure you hire a professional to assist here or read up well about these before investing.

8. Do you not have much of assets, but yearn for these? start saving for it little by little from today and you will make great funds for car, property, jewellery or any of that sort soon.

9. Start with atleast one parallel stream of income – This is the most critical part of financial independence.

Tools used —

The main swing trading indicators are the Moving Averages, Bollinger Bands, the Stochastic oscillator, and the RSI.

What is Swing Trading?

Learning how to swing trade can be quite beneficial if you have begun to investigate the numerous stock trading choices. Swing trading, which bases trading choices on technical analysis, is one of the most popular trading strategies.

Swing trading is the practice of profiting from changes in stock price. Simply said, it is the process through which traders predict the direction of the price movement that will occur next for an asset, open a position, and collect gains from that particular movement.

Before making a deal, swing traders hold their positions for a brief period of time, such as a few days or even a few weeks. They don't study market trends as frequently as day traders do, but they quickly mark changes in the trend line and exit the market before things go the wrong way. 

The reason why swing trading is so named is that it seeks to profit from price fluctuation or swings, whether they be upward or downward. Swing traders, like day traders, only employ a variety of technical trading tools during the time most conducive to position trading.

"A dream doesn't become reality through magic; it takes sweat, determination, and hard work" ~ Colin Powell

Refrain from buying a house at a very early stage in your career and committing yourself to huge EMI.

First, have some base of liquid financial assets by your side then start thinking of physical assets.

Personal Finance is not gender-specific.

Women should take control of their finances.

Guys, motivate women in your life to take part in household finances.

Empower them with financial literacy.

Step-up SIP is a very useful method.

It allows you to invest in a smaller proportion when your income is low.

As your income grows your investment can also grow.

Always keep a high target for self-growth.

Your efforts are directly related to the target you set.

So if you keep mediocre targets you end up being an AVERAGE person.

Don't panic about small market corrections.

Don't blindly put all the savings in the wrong fund.

The first statement is to control your FEAR.

And the second one is to control your GREED.

Clean your mind and heart every week.

As we do house cleaning this cleaning is also important.

Don’t hold grudges against anyone as it is impacting you only as that person who insulted you forgot about it long back.

Don’t regret about past.

It is very hard to let go of past events in life.

But it is always better to MOVE ON in life to be happy and feel peaceful.