Health plans usually have sub-limits for every expenditure (e.g. a limit on ambulance costs, room rent costs, etc.). Look for a policy with higher sub-limits, or preferably, no sub-limits on individual expenses. Some health plans require you to pay a specific amount in case of hospitalisation. Check this clause to understand how much you need to set aside for this. Read through the exclusions (illnesses that are not covered by the policy) to be aware of the costs of illnesses you will need to bear. Purchase a separate health plan for your elderly family members since insurance companies usually levy certain restrictions on coverage for seniors. … [Read more...] about 3 critical steps to take before you start investing
Andrew hearn real estate
So declared venture capitalist Marc Andreessen with elder-statesmanlike flourish in a widely circulated essay in April, just as the novel coronavirus began to overwhelm hospitals around the world. Housing, education, manufacturing, transportation—in all of these areas, he argued, we are suffering from “our widespread inability to build.” Andreessen’s solution was simple: “We need to want these things”; we need to find the “will” and the “desire” to build automated factories, internet-tutoring marketplaces, and supersonic aircraft. He did not mention software, the subject of his 2011 manifesto, “Why software is eating the world” (in which he augured that tech would disrupt the very same industries he now criticizes for their complacency). … [Read more...] about If entrepreneurs and VCs want to build, we first need to rebuild financial markets
The term ‘financial independence’ simply means that you have sufficient savings to live your life as you please. To some, it simply means retirement from work at the age of 58 and spending time with their families. For a few others, it is about pursuing their passions, without having to worry about the money. So, it can be time spent with NGOs or chasing a hobby, or even converting a hobby to a profession. Still others may want to continue working, but on their own terms. … [Read more...] about How much money do you really need to be financially independent?
It’s often during challenging times that we do our best and most creative thinking, innovating, experimenting, and work. So, if you are thinking about launching a new product and you’ve listened to your customers, looked at the natural adjacencies, and developed a unique playbook, go for it! … [Read more...] about Yes, you can launch a new product in the pandemic. Here’s how
The Angel Syndicate, “a six-month program and giving circle for Black leaders looking to build our skills, relationships, identities, and collective power as education philanthropists,” as CEO, Hassan Hassan, wrote in a post on LinkedIn. The goal, high level, is to actively help Black leaders—who may otherwise be unlikely philanthropists—flip oppressive philanthropic conventions on their face and not only obtain a seat at the table, but learn how to navigate the conversations that take place there. … [Read more...] about How the philanthropy world should use this moment to actually help Black people