KNOW THESE 10 DONT's OF FINANCIAL LITERACY !

1. Don't invest in a product you don't understand.

2. Don't think your work is done after you make an investment.

3. Don't plan your future based on low-yield debt investments which you will outlive.

4. Don't mix insurance with investment.

5. Don't leave tax planning till the end of a financial year.

6. Don't dip into your retirement corpus before you retire.

7. Don't book profits on good investments just to put it back into under-performers.

8. Don't buy gold just because the jeweler insists it is a good investment.

9. Don't fall for a co-branded store credit card instead of the plain-vanilla one.

10. Don't let the short-term downturn noise interfere with your long-term investment.