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
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
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
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,