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
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So Ries decided to do the impossible and challenge NYSE and Nasdaq, naming his venture, fittingly (if clunkily), the Long-Term Stock Exchange. He has been building—actually building—software tools for tasks such as cap-table management and head-count planning, governance systems in close coordination with SEC regulators, and relationships with a rising generation of startup founders. In order to list on LTSE, companies will have to agree to a set of principles-based standards, an evolution of the principles underpinning B Corp certification. … [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?
The often-cited 1972 research on nonverbal communication from Dr. Albert Mehrabian birthed the assertion that 93% of communication is nonverbal. Even as the percentages of this research continue to be explored and sometimes rejiggered, we generally accept that other modalities of communication such as body language and facial expression shape our perceptions of another person and how we respond to them. Without these nonverbal signals, we have a less complete experience of others and are more easily influenced by a group’s overall opinion. … [Read more...] about Science explains why we’re so much more bold online, especially now