Blog by Prakhar Patidar

Managing your own finances can feel empowering. After all, who knows your money better than you do? But here’s an uncomfortable truth: the cost of going it alone could be far higher than the fees you save by not hiring a financial advisor. Let’s break it down.

Ever noticed how much of your hard-earned money vanishes in taxes? Buy a house – tax. Sell it – tax. Buy a car – tax. Drive it – tax. Refuel it – tax. Watch a movie – tax. Popcorn at the theater – tax. The real question is: why keep adding to financial strain with poor money choices?

And just like that, another year has passed, almost in the blink of an eye. What did you achieve this year? Or, let me ask you - did you even wanted to achieve anything this year?

Investing is not the magic pill we think it is. In fact, it’s slowly ruining the way we handle our money.

As a smart individual, it’s essential to understand not just how businesses operate but how they make money, especially in service industries where transactions often don’t involve tangible assets.