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
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
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,
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
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
Term Life Insurance: Basic understanding & misapprehensions to avoid
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