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Limited Time Offer: Drive Home Your Dream Toyota at an Unbeatable Price – Only for the First 300 Customers!
In today’s economy, with the rising prices of brand-new vehicles, we understand that owning your dream car can be more challenging than ever. That’s why Toyota Lanka is offering a special limited-time promotion to make owning a high-quality Toyota more affordable for you. This incredible offer is exclusively available to the first 300 customers, and…
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How Compounding Works in Sri Lanka
Compounding is a powerful financial concept that can help with wealth accumulation over time, including in Sri Lanka. It works by reinvesting the earnings (interest or returns) on an investment, allowing your money to grow exponentially rather than linearly. Compounding applies to various financial instruments available in Sri Lanka, such as: Fixed Deposits (FDs)…
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How a Salaried Employee in Sri Lanka Can Save LKR 50 Million in 30 Years: A Financial Roadmap
Saving LKR 50 million may seem like an overwhelming goal, but with a structured approach, financial discipline, and smart investing, any salaried individual in Sri Lanka can achieve it within a 30-year career span. Whether you’re just starting your career or already a few years in, this guide provides an eye-opening strategy to reach this…
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Smart Money Management for Salaried Couples: A Guide to Saving and Planning for the Future
Managing finances effectively is crucial for salaried employees, especially for working couples looking to secure their future while maintaining a good lifestyle. The key lies in structured budgeting, disciplined saving, and investing wisely. Let’s break it down step by step. Individual Contributions and Shared Responsibilities For a working couple, it’s important to decide how…
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Why Sri Lanka’s Colombo Stock Exchange All-Share Index (ASI) Is Reducing: Local and International Factors, and Alternative Investment Opportunities
In recent months, the Colombo Stock Exchange (CSE) has seen a significant decline in its All-Share Index (ASI). Investors have been concerned by the drop in stock prices, and many are looking for answers to the factors causing this downturn. While stock market fluctuations are a natural part of any economy, the ongoing reduction in…
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Exploring the Brand-New Tata Passenger Vehicle Range in Sri Lanka: Models, Prices, and Key Features – Feb 2025
Tata Motors, a renowned name in the global automobile industry, has unveiled its latest Passenger Vehicle (PV) range in Sri Lanka through DIMO, its local distributor. The lineup includes a mix of petrol and electric (EV) models, catering to the growing demand for sustainable mobility solutions. This article delves into the models, their prices, key…
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Toyota Lanka Announces Brand New Vehicle Prices After Import Ban Lift – Prices Soar Amidst New Taxation and VAT – Feb 2025
In a significant move following the lift of the import ban, Toyota Lanka has released the prices for its 2024/2025 vehicle lineup. However, the announcement has left many potential buyers in shock, as the prices are much higher than expected. The steep increase in prices has been largely attributed to the introduction of new taxes…
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Release of the G.C.E (O/L) Examination – 2024/2025 Time Table
The time table for the 2024/2025 General Certificate of Education (Ordinary Level) Examination has officially been released, providing much-needed clarity for students across various regions. This marks an important step for candidates who are gearing up for their O-Level exams, which are scheduled to take place from 17th March 2025 to 26th March 2025. The…
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Why Fixed Deposits in Banks Are the Best Way to Achieve Financial Independence Retire Early (FIRE) in Sri Lanka
Achieving Financial Independence, Retire Early (FIRE) is a goal that many people in Sri Lanka aspire to. While the FIRE movement emphasizes aggressive saving and smart investing to allow individuals to retire earlier than the traditional retirement age, it’s important to be strategic about the methods used to build wealth. Among the various investment options…
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Financial Independence Retire Early (FIRE): A Path to Financial Freedom in Sri Lanka
In recent years, the concept of Financial Independence, Retire Early (FIRE) has gained significant traction worldwide. This movement promotes the idea of achieving financial independence at an early age and retiring much earlier than traditional retirement ages. While the FIRE movement is largely associated with Western countries, its principles can be adapted and applied to…