Expert financial planner NDB Wealth recently marked the Hindu festival of lights, Deepavali.
“A time of renewal in the Hindu culture, Deepavali sees celebrants decorating their homes, buyingnew clothes, joining in festivities with family and friends, etc. All of which is in preparation of a new season. Obviously, this can lead to your expenses piling up,” according to Shamala Nadaraja, a Relationship Manager – Retail Sales at NDB Wealth.
Nadaraja adds, “However, if you plan ahead, and plan smarter, aided by the expert team at NDB Wealth, your savings and spending will not be greatly impacted by festivals like Deepavali, making them more enjoyable”
For those who are new to financial planning, consider investing in a Money Plus account from NDB Wealth. An excellent alternative to traditional, low interest savings accounts the Money Plus works like a savings account that pays rates similar to a fixed deposit. Currently, the Money Plus fund yields 10.80% per annum as at November 1, 2018.Most important of all,you can even withdraw all of the funds you have deposited, without a penalty.
In fact, the NDB Wealth Money Plus account is perfect for those who are too busy to keep track of whether they have the funds they need, when they need them, as income is credited daily. Additionally, earnings are tax free to your hands, if you are an individual. Truly, the NDB Wealth Money Plus account is a great way to deal with the extra expenses that come up duringa festive time like Deepavalior any other celebration.
NDB Wealth is an affiliate of the NDB Group, one of the fastest growing financial services conglomerates in Sri Lanka, with the strategic mission to be the dominant leader in the financial services and banking sector. From its inception, the group which includes NDB Bank, NDB Investment Banking, NDB Wealth, NDB Securities, and NDB Capital has been a catalyst in the development of the nation, strengthening and empowering entrepreneurs, corporates and individuals from all strata of the economy.
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