Finding out how Indians earn, save and spend is a mammoth task. That is exactly what Dr Rajesh Shukla, director of NCAER-CMCR has done in a book titled “How India Earns, Saves and Spends“. The study explores the connection and impact of urbanization and consumerism on the economy. The revelations the study delivers around personalRead More
4 mistakes to avoid while planning for retirement
What are the mistakes you should avoid when you plan for your retirement ? When one thinks of retirement, one envisages a good carefree life at a far away retirement house without the everyday hassles of going to work. In reality, its anything but that. With that monthly pay packet no longer being available, oneRead More
The importance of hiring a financial planner
In an earlier article on what is financial planning, I talked about the basics of financial planning. The understanding of the importance of a financial planner has not yet caught up with the Indian investors in general. We have not yet warmed up to the idea of advisory services – which is loosely defined asRead More
Buy or Rent calculator
Should you buy a house or should you rent ? Buying or renting is an often discussed topic in many personal finance forums. On what parameters would you base your decision ? Apart from the monetary comparisons, the Indian investor often attaches an emotional angle to owning real estate – it is tangible – youRead More
Real Estate Star Ratings from CRISIL
For the first time in the real estate market in India, there seems to be some light at the end of the tunnel which the builders have dug deep for poor investors. CRISIL has come out with Real Estate Star ratings in August 2010 to assess and certify real estate projects in India. This is first ofRead More
3 insurance policies you cannot afford to miss
What are the insurance policies you must necessarily have ? Life has its own surprises. You are hale and hearty one day and can drop dead the very next day; you could land up on the surgeon’s table for no fault of yours; you could be diagnosed with a critical illness rendering you incapable ofRead More