Planning for retirement? Consider factors beyond your finances
Financial planning is all about living in the present and also planning for the future. Retirement planning is as much a psychological aspect as it is a financial one. When you are planning for retirement, you need to look beyond
Higher pension offered by EPFO: Should you opt out?
The Supreme Court took a decision on 4th November 2022 to allow higher pensions to eligible employees under the Employees' Pension Scheme, 1995 (EPS-95). Following this decision, many are concerned about the eligibility criteria to opt for a higher pension. Before trying
When to start financial planning? Answer is always, “NOW”
We have come across many who are skeptical about when is the optimum time to formally start financial planning. The need to properly manage your personal finances is invariably imperative. But, unfortunately, skills to manage personal finances are not taught
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 you. You’ll
With a financial plan, we feel secure; we know money will be there if we need it
The Roys started their financial planning by setting goals and then investing towards them, putting them in a comfortable spot now. There are enough reports out there showing the higher returns that equity gives in the long run. Dr Collin Roy
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
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,