Have Set Financial Goals? Learn How To Prioritise Them Tactfully
Your friends and colleagues are supposedly enjoying their lives to the fullest – tripping frequently, buying expensive gadgets, booking properties, buying high-end cars, and what not! So many things are happening around, enough to distract us. Thanks to social media
When to start financial planning? Answer is always, “NOW”
We have come across many who are skeptical about when is the optimum time to formally start financial planning. The need to properly manage your personal finances is invariably imperative. But, unfortunately, skills to manage personal finances are not taught
Becoming an NRI? Here’s a personal financial checklist for you
People are always searching for better career opportunities. Often, people get the opportunity to move abroad for career advancement. If you have found a suitable scope for yourself outside India, then a whole new world is waiting for you. You’ll
Coming out of debt trap: A step towards financial freedom
Debt has become a huge component in family’s finances. Spending more money than you make is basically spending money you don't have or money you are yet to earn. Borrowing irresponsibly and thereafter trying to come out of a debt trap is never easy. It’s never too
Investment Portfolio Review: Process and its importance
Investing is akin to gardening. Just like art and science are involved in gardening, investing requires decision-making and timely monitoring. You are sacrificing present consumption and investing your savings to meet your future requirements. Whether you are investing on your
Have short term financial goals? Know how to address them
Recognising your goals, assigning target amounts to them and specifying the time periods to achieve your goals can have amazing results. Setting your goals, get you moving towards fulfilling them on time. Time plays a crucial role, among many other
Systematic Withdrawal Plan (SWP): Mechanism & matters to look into
Systematic Withdrawal Plan (SWP) is a facility offered by Mutual Funds which allows the investors to specify withdrawal amount, withdrawal frequency and the number of withdrawals subject to availability of money in the invested scheme. For example, if an investor has
Beginner’s Guide to Personal Finance
We all talk about various aspects of personal finance. But, personal finance can get a little confusing and overwhelming, especially if you are a beginner. Since we are not specifically taught about personal finance in schools and colleges, beginner’s guide
Money conversations before getting married: Exploring relevant aspects
It is common in Indian culture to examine personal horoscopes of the girl and the boy before finalizing the marriage. Isn’t it also constructive to see what money values (behavior around money) both of them have? Financial compatibility is cardinal
Investment Portfolio Diversification: Rationale & Mistakes To Avoid
To relate with investment portfolio diversification, we may draw the example of a fruit seller. Usually, a fruit seller is selling variety of fruits. The reasons are quite simple. Consumer preferences vary. If a natural calamity like a hurricane wipes