Financial Planning for Salaried Employee
A salaried employee gets a fixed and regular income/compensation for the services he/she renders to an employer/organization. Financial planning for salaried employee is critical because the future and present requirements of the family are to be met from the pre-defined
Financial planning for women in India is also a necessity | Merry Mind
You may raise one question, “Why financial planning for women in India is exclusively necessary?” or, “Are there any distinct aspects in financial planning for women in India?” Arguably, women in India had been considered less important than men since
Financial awareness should hold family members in times of emergency
We are nearing end of April, 2020 and India is under complete nationwide lock-down due to coronavirus pandemic. As per experts, social distancing is the only way to arrest the cycle of infection. The Govt. of India has strictly told
Your life insurance is a decisive aspect for your family’s welfare
The basic purpose of life insurance is to create cash in case of sudden demise of a bread earner. Unfortunately, planning of death benefit for potential dependents is often ignored. In India, life insurance policies are sold as savings, tax
Financial Planning For Career Beginner Is Imperative
Our apprehension of personal finance began with our piggy banks. Whenever our close relatives gave us money, we gingerly put it in the piggy banks with the wish to buy something later. The concept of budgeting seeped in when we
Financial Plan for Single Parent is distinctive
Financial Plan for single parent is an essential guide in life’s journey. Divorce is calamitous on the person’s personal finances, especially living with dependent children. Emotional struggle during the divorce is undoubtedly miserable. The situation demands the single parent to
Retirement Planner needs to address far-reaching aspects in retirement
In India due to lack of Social Security System, people need to take special care for retirement kitty to meet expenses after retirement. Immediately after retirement, a retiree (salaried/professional) will stop getting the regular income check which was certain during
Personal Financial Planning Is A Way Of Life
When you want to construct a house, you approach an architect to create a plan before you start construction on the purchased land. Mostly, homeowners prefer to hire both architect and a home designer. Buying a house or a flat
Retirement Planning Approaches Towards Well-being
As a teenager you might have thought that life after retirement would be like a calm sea and there would be no struggle. Life is not fairly so simple. In reality, we have too many commitments. Retirement means you’re not
Money Mistakes To Avoid: Living Within Your Means
You may recognize how much you earn but you don’t count how you spend. This is the root cause of money mistakes Expense management sheet may sound good for you. But how to go about the same? “Money isn't everything