UNDERSTAND WHAT WORKS FOR YOU
Different things work for different people. Even if you are at the same life stage. Understand how you can manage your savings better as you watch your money grow.
Household Budgeting
An easy and smart guide to managing your household expenses effectively
Improvements in gender equality and opportunity have driven unprecedented growth in female entrepreneurship in recent years. More and more women are finding ways to pursue their passion while becoming financially independent. If you’re one of them, and need funding for your venture, you will have to apply to a bank for a business loan. Here’s how you can make sure it’s a success:
3min read
Once you have defined your financial goals, it’s important to keep checking your progress, to see if you’re on track. This way, you can change course or revise your strategy if you feel like you’re falling behind. Here are some tools and metrics that you can use to evaluate your financial progress and know where you stand:
5min read
As jobs become more stressful, many people are taking a career break to recharge their batteries. Some also take a break to pursue an activity that they are passionate about.
5min read
Vacations are fun, adventurous and a great way to spend quality time with your loved ones. However, they’re also expensive and require careful financial planning. Follow these 7 handy tips to ensure that your dream holiday doesn’t dent your finances:
4min read
Learn how a home loan insurance policy works and its benefits.
3min read
Choosing a house is one of the most consequential financial decisions you will make. Whether you are buying or renting, it constitutes one of your largest expenses, so it’s important to get it right. But how should you decide whether to buy or rent?
Use this 7-point checklist to help you choose:
6min read
Experts say if you fail to plan, you plan to fail. This is as true in finance as it is in life. When it comes to financial planning, you need a sharp and effective strategy to make the most of your money. If you’re looking to strengthen your finances, here are ten steps to sharpen your goal-setting strategy:
7min read
Protect
Shield yourself and your loved ones with robust insurance planning
Running a business takes vision, courage, dedication and more than a little luck. As the pandemic has shown us, there is always a chance that market downturns or external crises could hit your business, no matter how robust your business plan. According to one report, 12,930 companies in India shut down operations in 2020-21 due to the COVID-19 pandemic[1]. This just goes to show how unpredictable the world is, and how quickly things can go wrong. But while you cannot predict the future, you certainly can prepare for such eventualities with the help of a contingency plan. Such planning is the key to the longevity of your business, so it’s important that you get it right.
6min read
Securing your child's financial future is a key priority for every parent, and one of the most critical financial planning goals.
7min read
It’s not enough to just get any kind of insurance - you need the right kind of insurance to cover all your needs and give you full protection. Having inadequate protection is known as being ‘under-insured’. This can leave you struggling for money in a contingency, because while you get some compensation, it’s not enough to cover the expenses you may face.
Don’t be under-insured – follow these 8 ways to know if your assets are optimally insured:
4min read
Single women face many challenges in maintaining their financial security - and it can get even harder when they have to provide financial support to their dependent parents.
5min read
The COVID-19 pandemic has had major financial repercussions on households everywhere. According to one survey*, 82% of participants reported having faced financial issues during the pandemic. 84% said they had cut down on their expenses as a result of the pandemic.
4min read
Risk means uncertainty, and the possibility of an adverse event. In the investment world, it might be defined as the chance of an investment losing its value. It is important to understand the different types of risks so that you can manage them effectively.
3min read
Don’t put all your eggs in one basket, says an old adage. The more options you give yourself, the more you can mitigate the risk of non-achievement by spreading out the risk. Diversification is the process of spreading your investments across different assets, to optimise your chances of strong returns and to mitigate investment risk in your investment portfolio.
But how do you go about diversifying your portfolio? Here are seven ways to do it:
5min read
Going to be a parent soon? Congratulations! Having a child will be one of the most consequential events of your life – but with that joy and elation comes responsibility. Your approach to financial planning will undergo a major shift as you plan for a new member in the family. Your horizons will expand as you provide for a growing family and strive to give your child a good start.
Here are 6 financial planning tips to guide you as you embark on this journey:
4min read
Save & Invest
Save and invest for your secure future
Studying the historical returns of a market-linked investment gives you an insight into its past performance. This may help you compare schemes and check its consistency and performance during different market phases. There are several metrics to help you assess historical returns, one of which is rolling returns. Here’s what you need to know about them:
4min read
AMFI (Association of Mutual Funds of India) divides listed companies into three categories based on their market capitalisation[1].
7min read
As you explore investment plans, you must have come across a host of abbreviations like SIP, SWP and STP. But what are these different strategies?
6min read
Still wondering whether you should invest in Equity or in Debt? With a hybrid fund, you can invest in both!
5min read
You would have seen this statement a thousand times, in every mutual fund investment advertisement – “Mutual fund investments are subject to market risks, read all scheme-related documents carefully.” The objective is to help investors make informed decisions about each scheme. But what are these “scheme-related documents”?
4min read
Whether you invest in equity stocks, mutual funds, real estate, or insurance plans, every investment is governed by specific rules and regulations set up by authorised governing bodies.
4min read
Listed companies in India are classified by SEBI into three categories, based on their full market capitalisation. The top 100 companies by market capitalisation are “Large-cap”; those ranked 101-250 are “Mid-cap”; and those outside the top 250 are “Small-cap”
4min read
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