Financial decision making ability is the need of the hour for all
Financial decision making ability develops when you are financially literate. A genuine Certified Financial Planner will educate you and assist you in implementing action plans laid down in the Financial Plan. "We were not taught financial literacy in school. It takes a
I had 13-14 credit cards, but now I have none
The Akhtars are ready to do what it takes to put their finances in order Difficult times helped Dr Nasim Akhtar, a neurosurgeon based in Kolkata, sharpen his financial perspective. In 2006-07, he was managing his family’s construction business as well
Why Retirement Plan is pivotal to retirees and pre-retirees
While you retire it doesn't mean that you are retiring from your life. It doesn’t mean that you don’t need regular income. The old saying is true, “Retirement is quite different from two-week vacation.” If you’re a pre-retiree, you may
Investment Plan makes your financial goals achievable
Many investors randomly invest without following any particular Investment Plan. Investment Plan is a part of your Financial Plan. Investment Plan emphasizes on processes. It helps you to achieve your financial goals or objectives in a systematized way. As per your
Direct Plan vs. Regular Plan assessment in Mutual Funds
Once we were asked by one of our doctor clients that his friend gets free of cost investment advice & financial plan from a distributor. We asked our client, “Being a surgeon, do you operate your patients without fee?” If
Financial Planner can rule out your personal financial mistakes
Due to macroeconomic changes you’re exceptionally thinking to hire a professional for legitimate guidance. In the rapid economic changing scenario, you hardly get guaranteed rate of return on your investments. Simultaneously, interest rates are deteriorating by the day. You can
Your unhealthy addiction can lead to Financial Crisis
We know about the physical, psychological & financial effects of an addiction. What about the family? Why and how will they face the financial crisis? “Your life is in your hands, to make of it what you choose.” - John Kehoe Practical
Follow Bare Bones Financial Strategy while quitting Job & starting Venture
I call this “Bare Bones Financial Strategy.” The reason behind my discussion is to emphasize the essential elements of the Financial Strategy related to own startup after quitting job. One can change the business/professional strategy over a period of time
Quitting Job & starting Venture or Business? Get your Startup Plan first
Why some of you are destined to be entrepreneurs? Why do you wish to quit job and start your own business? We come with solution through Startup Plan. The common apprehensions are:- Unexpected overload of work that drags them to
Penny-pinching ideas that can work for you
According to Uttam Kumar Sen, a certified financial planner, everybody should penny-pinch as it helps oneself to understand the worth of each penny and develop a sense of responsibility. “If you want to earn 8% interest to get Re. 1,