Depending on their objectives, there are at least three types of life insurance policy classifications. A life insurance policy could offer pure protection (insurance), another variant could offer protection as well as investment while some others could offer only investment. In India, life insurance has been used more for investment purposes than for protection inRead More
5 Tips to Spend Money Wisely
Spending money in an integral part of every individual. Spend your money wisely is a key input in your overall financial planning. However, the easy disposable income one generates today has blurred the difference between needs and wants. Spending money in an unplanned way could result in significant financial drain of savings for your future.Read More
How Much Home Loan Can I Get ?
An oft asked question – how much home loan can I get on my salary ! Astute financial planning is about having the right distribution of your salary between investments, expenses and loans. As far as loans are concerned, they can easily find their way into an investor’s portfolio in the form of car loans, personalRead More
All about Public Provident Fund- PPF Details
The Public Provident Fund (PPF) scheme is one of the most common and favorite investment class for a large number of individuals today in their overall financial planning. Let’s discuss and check PPF Details. You hear more about it in the first quarter of the year when investors scurry to invest in tax saving instruments. TheRead More
How Much Money Do You Need to Retire ?
One of the first few steps of healthy financial planning is to gauge how much money you need to retire. If you have followed goal based investing strategy, you must have already asked yourself this question, if not, it is never too late to ask it again. The answer lies in a host of factorsRead More
What is Personal Accident Insurance Cover ?
Amongst all your must have insurance policies, personal accident insurance cover or personal accident insurance policy stands out as important as the others, namely term insurance and medical insurance. If you don’t have one, your financial planning could go haywire. Imagine you commute to work in a two wheeler and are knocked down by aRead More