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 start arranging a lot of things since you’re going...
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 late to realize that paying off debt is also...
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 own or you are taking investment advisory services from...
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 factors, when you are investing to fulfil your financial...
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 invested Rs. 50,000 in a scheme and procured 500...
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 to personal finance is necessary. You may be busy...
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 nowadays. The decision to get married is one of...
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 out the orange groves of a particular location, he...
Our death is certain, but the time is uncertain. With death of bread earner, family’s income ceases but family expense doesn’t. The chief purpose of taking life insurance is to ensure family’s financial security in case of bread earner’s untimely death. Term Life Insurance fits well at every life...
Financial planning for salaried employees are always unique. No salaried employee can be fully prepared for job loss without having a comprehensive Financial Plan in place. The problem is most people do not think of this likelihood till they are actually sacked. Due to Covid-19 pandemic, the fear of...









