In India, gifting is a wide spread phenomenon. You give gifts on birthdays, when a child is born and on other less happy occasions like marriages as well. Buying physical gifts from malls and kirana stores is most common; some parents and grand parents have upped the ante by gifting life insurance policies especially from LIC.Read More
Understanding RBI Monetary Policy
The Reserve Bank of India (RBI) has taken everyone by surprise in its annual monetary policy for 2012-2013. Between March 2010 and October 2011, the RBI had hiked policy rates 13 times and everyone was baying for a slash but not to the extent it came. The latest cut signals the fact that RBI isRead More
Prepayment of Home Loan
Should you prepay your home loan if you have a surplus or should you avoid doing that and simply invest that money elsewhere for it to earn returns ? The decision can be taken emotionally with your heart or rationally with your head. Prepayment of home loan helps to reduce your burden. Less debt helpsRead More
Save Money for Your Child’s Higher Studies
Education costs in India are rising and we all need to save more and more money for our children’s education. We all know that but I was taken aback to read in the dailies how much the costs had increased over the past few years ! While the cost of educating a child till theRead More
How to Select a Mutual Fund
For retails investors, mutual funds form an important investment vehicle in their financial planning. Using the systematic investment planning route to invest, investors can ride on long term investing and meet all their financial goals. The art of selecting a mutual fund for investing your hard earned money is not a tough ask. It isRead More
My Personal Income and Expense Statement !
Being a financial planner, I am shit scared about not meeting my goals. I preach goal based investing and sane financial planning, so there is no way I can falter with my financial disposition. So when I look at my personal income and expense statement each 6 months, I get the creeps. I know IRead More