A lot of you might have made an attempt to hire a financial consultant to do your financial planning. Today, you have relationship managers, wealth managers, insurance agents and mutual fund sellers calling themselves financial planners. All of them offer you some kind of solution for the financial goals you have in life. How doRead More
Best Tax Saving Mutual Funds (ELSS) to invest in India
We present the best tax saving mutual funds (ELSS) to invest in India. Investing your hard earned money to save income tax is a critical part of your financial planning. While one could use any of the existing 80C deductions to save income tax, using tax saving mutual funds, also called Equity Linked Saving SchemesRead More
How much life insurance do you need ?
How much life insurance do you need? It can be calculated in an excel sheet now. Use the two methods to calculate the figure. Please be aware that there is a better method called Needs Analysis which is the best and most professional way to get to the magic figure. WhenRead More
5 Tips on Using Your Credit Card Wisely
Credit card dues are an expensive proposition. So, here are some tips on using your credit card wisely, because the lure of buy today and pay later gets the better of most of the investors very easily. Credit card liabilities are the worst form of loans available in the market today because of their highRead More
Questions to Ask While Saving for Retirement
Your financial planning is incomplete if you haven’t given a thought to retirement or don’t have any saving for retirement. Most of us live today as if there were no tomorrow, we splurge today and don’t save for tomorrow. If you don’t save and invest for your retirement, remember that you are the one whoRead More
How to stop being a spendthrift
Well, how to stop being a spendthrift will surely going to rub quite a few of you on the wrong side ! But that precisely is what I intend to do. If you are a spendthrift and your expenses and financial planning are spiralling out of control, then you need an eye opener. I hopeRead More