My reader Ravi asked me “Can you please suggest me some good books for knowing the basics of investment and finance in India ? I want to be aware of must needed financial terms and plans.”.
This compilation is an offshoot of the comment above. Why spend on books to learn personal finance when the Internet can offer everything ? I present the ultimate guide to the personal finance websites in India which you can use to learn about financial planning basics.
I am also suggesting the order in which you take to reading these if you are a beginner.
Magazines
Start with one magazine from the list below. The first two are gems.
- Outlook Money – Should be on top of your list if you are eager to start reading.
- MoneyToday Magazine – Monthly magazine with loads of learnings.
- MoneyLife Personal Finance – Another magazine for you to kill your time.
- BusinessToday Money – Very compact articles from the financial world.
Websites
Get to any of the below on-line portals next to enhance your learning.
- Rediff.com Business Personal Finance – Plethora of articles. You will run short of time to read. Basic stuff.
- Rediff.com GetAhead Personal Finance – Ditto as above.
- Yahoo Finance – Great repository for beginners and advanced readers.
- The Motley Fool – Though US based, most of the articles can be applied locally.
- MintBlog – Again, this is US based, but a great place for learning.
On-line Newspapers
I think this is optional for beginners. Take to it if you are twiddling your thumb.
- Economic Times Personal Finance – You can expect the best from the experts. Must read.
- LiveMint.com Personal Finance – News from the finance world as and when it happens.
- IndianExpress Money – Simple and short snippet articles on personal finance.
- BusinessStandard Banking – Heavy on banking and economy.
Niche Sites
Niche sites for mutual funds and stocks. Now there are many more such sites and I can say these are the ones that will meet all your objectives. So don’t waste time anywhere else.
- ValueResearchOnline – The comprehensive guide to Mutual Funds in India.
- MoneyControl – Great place with step by step guides on all aspects of personal finance.
Blogs from India
Apart from the websites, there are blogs out there to teach you the basics as well – the basic advantage is you can talk via comments to the blogger and other readers to make your learning more interactive. Here is the listing, in no order of priority at all ! Some might tend to lean more towards the stock market while others might be a mish-mash of your expectations, so take your pick.
- InvestmentYogi Articles
- JagoInvestor
- RaagVamdatt
- RanjanVerma
- Subramoney
- TheFinancialLiterates
- OneMint
- TipBlog
- Squamble
- MyJourneyToBillionaireClub
- CapitalMind
- TheMoneyQuest
Blogs from around the world
There are tons and tons of them out there and I cannot jot down all because I don’t follow all of them myself. But here is the three I follow and I can assure you that you don’t need to look beyond these !
Financial Calculators
And if you need to use calculators to check how deep in trouble you are financially, go for the below.
- MoneyControl – Lots of calculators across all areas of personal finance.
- PersonalFn -Some basic calculators offered.
- InvestmentYogi – Amazing number of calculators to use.
- JagoInvestor Calculators – A good bunch of easy to use calculators with examples.
- BankBazaar Calculators – Another site with decent calculators in the offing.
Now get started !
PG says
Vow, good stuff. I think there are other newspaper personal finance pages not included in here. Maybe you should have rated these ?
TheWealthWisher says
@PG, Rating them is tough. I want to avoid doing that.
Swapnil says
Thanks for the information and compiling at one place. I am sure we can add to this list but as you mention will become very long. also, I dont think one person read all of these. We can pick and choose a few to follow. I do like a few international blogs which don’t find a mention here and would have liked to see.
TheWealthWisher says
@Swapnil, Which ones Swapnil ?
The Financial Literates says
Radhey you are just Awesome 🙂
TheWealthWisher says
@The Financial Literates, Thank you sir!
Ravi Shankar Kota says
Hi Radhey Sharma ,
Thanks a lot for your response.
Your article is superb and a eye opener for me.
As a beginner I have read yours and became your die hard fan or follower.
As you suggested I try to read Rediff.com Business for basics and also outlook money magazine.
Thanks
RaviShankar
Surabhi R says
This is actually a very Good Collection!
I was looking for such classification for the last 6 months.
Neat article, neat website.
Thanks A lot for your initiative.
Regards, Surabhi R
TheWealthWisher says
@Surabhi R, Thanks for your comments, hope it helps.
Jagbir says
Good compilation. I’ve subscription of MoneyLife and Outlook Money and both are good.
TheWealthWisher says
@Jagbir, Somehow I have never been able to like MoneyLife, don’t know why…
Nitin Shah says
Thank you for this compilation.
This will be a bookmark in my Favourties Finance folder in my browser.
RaagVamdatt.com - Financial Planning Demystified says
Hi Radhey,
Thanks for the inclusion…
Financial Advisory Services says
All best resources you describe in your 1 blog, i also go for yahoo finance when i need to know about the finance sector and also go for the financial buzz magazine.
arpit goel says
Wonderful article ..
I came across outlook money before reading this article . I can’t lay my hands off them whenever i am travelling .
Thanks a ton for such info …
TheWealthWisher says
Glad you liked it…
Silver MCX says
This is great resource about the personal finance listing which is very useful for the all the financial consultant those are looking for the these kind of listing. Thanks
apnahealthblog says
I went through this site simple and fast.
Do go through the site
Madhupam Krishna says
Thanx.. Keep Visting Us…