READY TO TAKE THE NEXT STEPS
Whether it is protecting your life as you plan for the future or taking the first step to make your wealth grow, understand what works for you.
Household Budgeting
An easy and smart guide to managing your household expenses effectively
Your mid-20s are a defining phase of your life, and it’s important to consider the financial implications of each move you make. Financial planning for young adults is essential, and one of the most consequential decisions is starting a family. If you’re contemplating this decision, you’re someone who needs financial planning. Raising a child may require as much as Rs. 2 crore1, when you add up all the expenses such as education, healthcare, etc., from the day they are born to the day they become financially independent. Therefore, this emotional decision requires a long-term investment plan.
6min read
The 50-30-20 budgeting rule encourages allocating 20% of income to savings, 50% to vital and necessary spending, and 30% to expenses for wants & leisure.
4min read
The global coronavirus pandemic of 2020 has been an eye-opener for many. It has taught us a lot about life’s unpredictability, as also the importance of saving money and making prudent investments. It has arguably made us smarter investors and prepared us for future emergencies, medical or otherwise.
5min read
There is something about women that often gets under appreciated – ability to smartly juggle between work and family.
9min read
How to Prepare Financially for moving to a New City. If you're intending to relocate to a new place to advance in your career, it's critical that you have a firm handle on your financial condition.
2min read
The working woman today wears many hats. She may have to juggle her work, look after the family, and also run her household. With so many demands on her time, it can be difficult to track and manage household expenses.
If this sounds like your predicament, here are some useful tips to help you stay on top of your expenses:
3min read
Household budgeting involves a substantial personal finance planning process. Through planning, one can live a comfortable lifestyle, ensure savings and investments, and wealth creation - in other words, enjoy financial planning benefits. Here are some tips to show you how to deal with unexpected expenses, manage daily expenses, and ensure savings.
3min read
Protect
Shield yourself and your loved ones with robust insurance planning
Few investments provide assured returns – most carry at least some degree of risk. Sound financial planning is the key to securing a reliable return on your investments.
Today, there are many ways of managing your personal finances. These include investing in stocks, bonds, mutual funds, insurance and tax-saving funds. Proper investment planning involves understanding which plan you should opt for, the ideal amount to invest, and how to secure these investments.
Life insurance is one way of protecting yourself and your family from uncertainty. It comes under the umbrella of saving plans that also include fixed deposits and health insurance, which offer guaranteed returns in the form of interest. However, investment planning is about more than just buying insurance, and the most important area to explore is mutual funds.
5min read
Inflation is the term given to an increase in prices over time. Inflation can eat into your savings and investments, so it’s important to stay a step ahead of it to optimise your financial planning. Here are five ways you can beat inflation:
4min read
Insurance Ombudsman: Everything You Need to Know! An ombudsman acts as a mediator and arrives at a fair recommendation/settlement based on the facts of a dispute.
3min read
Here’s why you should opt for a Comprehensive plan instead of a Third Party Insurance.
4min read
Know the process by which mutual fund units can be transferred to beneficiaries on the demise of the unit holder.
5min read
In 2020, the Life Insurance Corporation of India issued 21.9 million individual
policies, which is just 1.5% out of a population of 1.38 billion people1. Overall
India’s life insurance penetration stood at 3.2% as of 20202. A large number
of Indians still don’t have insurance, and are missing out on a vital source of
protection against emergencies and contingencies.
4min read
So you have decided to begin your financial investment journey - that’s a great start! But how prepared are you for it? Do you know what can help smoothen the road ahead? Before you start investing, here are a few things you need to look into first. After all, investing is simply one component of the entire financial planning process.
4min read
Save & Invest
Save and invest for your secure future
That Goa trip with your friends, that Leh-Ladakh bike trip, the Northern Lights you’ve been longing to see – they’re all within your reach. All you need to do is start your financial planning today so you have money to achieve them. The first step towards your dream vacation could be investing in mutual funds.
Mutual funds are essentially an investment tool that pools money from a large number of investors and invests that corpus into different asset classes, depending on the type of the scheme – global equity shares, Indian equities, blue-chip companies, debt, bonds, gold, commodities etc. The primary benefit of mutual funds is that it gives investors the benefit of fund managers’ expertise, and is thus especially valuable for novice investors.
5min read
If your goal planning includes travelling while you are still young, it’s important to do some proper financial planning. Your motto should be ‘earn, save and invest till you reach your goal of travelling’.
Here are four essential steps to help you achieve your travel goals:
Here are four essential steps to help you achieve your travel goals:
3min read
Higher education can ignite your career, help you start a venture of your own and enhance your knowledge. However, to attend the best institutions for higher studies, you need a substantial amount of money. Given the rising cost of education, you might wonder, should you take a loan to finance your higher studies?
5min read
Mutual fund schemes are quite popular among investors because they offer professional fund management, a diversified portfolio and the potential for earning better risk-adjusted return to beat inflation. The icing on the cake is that mutual fund schemes can also help you save taxes.
Here are 4 ways you can save taxes with mutual funds:
Here are 4 ways you can save taxes with mutual funds:
3min read
Life is a rollercoaster, and most big life events have significant financial implications – so it’s important to be prepared. Maybe you can’t foresee everything, but these are the eight big life events you should definitely consider when making a financial plan.
4min read
When it comes to investment, diversification is important. The more diversified your portfolio, the more scope you have to earn healthy returns and mitigate risk. Global mutual fund schemes are one of the most effective ways to diversify your portfolio.
Let’s take a look at some of the major benefits of global or international mutual fund schemes for investors:
4min read
The first thing you'll probably ask yourself when you're ready to buy a house is, "How much can I afford?" To answer this question, you must consider specific financial planning criteria.
5min read
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