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...
Situations in life can change at the drop of a hat. Unforeseen circumstances often put us under pressure. Negative events not only challenge our mental well-being but also our financial situation is put on the line. If cash flow and contingency fund are limited, they can create trauma. A...
Personal finance and personal financial goal setting are intertwined when it comes to financial planning. Personal financial goals in life are always unique; it depends on person to person. There may be a big wish list but unless you identify your financial goals, it may look impossible to achieve...
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 and fixed income source. Major part of the income...
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 early days and they have been facing various problems...
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 had to wisely spend our pocket money trying not...
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 regain control of his/her life. This involves becoming more...
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 the working phase. This is the chapter where a...
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 is one of the vital decisions of one’s life....
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…but it ranks right up there with oxygen.”― Rita Davenport...









