Business Cost Map: https://www.visualcapitalist.com/which-country-is-the-cheapest-for-starting-a-business/?utm_source=join1440&utm_medium=email&utm_placement=newsletter
It’s Indian Independence Week here at mymoneykarma, where we explore how Intelligent Finance can be focused on one object: financial independence.
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If you’re interested in learning more about practicing Intelligent Finance in your daily life, why not get started with this video here
https://youtu.be/G_DsZ0s379Q
Timestamps:
Introduction: 0:00
Costs of Starting Business: 0:10
Conclusion: 1:06
What is mymoneykarma?
This channel is dedicated to simplifying the concepts and best practices of Personal Finance through explainers, FAQs, tips, and educational material. We empower viewers to each become a paragon of Intelligent Finance.
Founded by a group of Stanford alumni with a strong background in banking and technology, MyMoneyKarma has been revolutionizing the Indian Fintech sector and ushering in the future of personal finance. Committed to a social mission of creating a measurable impact on people’s lives, MyMoneyKarma has empowered millions of people to reclaim control over their finances by addressing the 3 biggest issues and barriers in the sector:
Low financial literacy means most people applying for loans, mortgages or credit cards have never checked, nor heard of, their credit scores. By this time, the damage has often been done
Low information transparency means it can be difficult to know the best interest rates for each customer’s unique profile, the financial providers that offer the best terms, and how to maximize one’s chances of being approved (where a rejection further worsens the credit score)
High effort and hassle means one is too hard-pressed to shop around, try multiple options and find the best fit, instead ending up with sub-optimal decisions and a whole lot of wasted time and sweat
MyMoneyKarma’s fully online loan optimization technology helps customers with an extensive range of financial products, delivering the lowest interest rates and comprehensive service at the touch of a button.
#business #financialindependence #businessideas #businesstips #mymoneykarma
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