SECURE YOUR FUTURE
Protect your future as you get going, again. Take the right steps to ensure a stable innings.
Household Budgeting
An easy and smart guide to managing your household expenses effectively
Goal-based investing is all about identifying your life goals (short term and long term) and channelizing your finances in order to achieve them. The importance of goal-based investing is that it not only provides you with a smart investment strategy but also a path to attaining your goals in a timely manner.
3min read
Healthy financial habits can go a long way in saving and managing your income and expenses smartly.
3min read
If you can manage to rid yourself of debt by age 50, you'll be setting the stage for a financially healthy retirement. If you manage to pay off by then, you'll have several years to put your savings to your retirement funds, laying the groundwork for a comfortable life once you quit working. By the age of 50 it is ideal to be debt-free, and your retirement savings should be enough to give you a comfortable life.
2min read
We all face the dilemma of repaying loans or investing and saving for retirement. Salaried individuals usually rely on loans to meet their goals of housing and other discretionary aspirations.
3min read
Give yourself peace of mind by securing your family’s long-term future.
4min read
Household debt in India continues to rise – as per the All India Debt and Investment Survey 2021, household debt’s share of GDP rose from 32.5% in 2019-20 to 37.3% in 2020-211. Budgeting helps avoid these scenarios and helps meet the needs of a growing household. It’s one of the most important tools in building a successful financial future because it helps you get the most out of your money.
4min read
Saving for retirement must form an important aspect of your financial goal planning at any stage of life, but particularly so when you are in your 50s. Many people make the mistake of deferring retirement planning till it’s too late. The concept of increasing savings remains limited to Employee Provident Fund or Public Provident Fund contributions.
4min read
Protect
Shield yourself and your loved ones with robust insurance planning
The average Indian’s life expectancy has increased from 59.6 years in 1990 to 70.8 years in 20191. While that’s good news, it also means that our post-retirement expenses go up the longer we live. A retirement pension plan could help you manage these growing post-retirement expenses. But with hundreds of different plans to choose from, how will you pick the best?
Here are seven things your retirement plan should be able to do:
Here are seven things your retirement plan should be able to do:
4min read
If you are looking to buy a life insurance plan, term insurance is perhaps one of the most important policies you need to consider.
8min read
There is no ‘right’ age to explore your entrepreneurial ambitions. With a great idea and genuine motivation, you can launch a successful new business in your 20s, 40s, 50s or even after retirement. But while India has one of the world’s largest start-up ecosystems, 90% of new ventures fail within 5 years of inception1. One of the most common problems with new start-ups is the failure to prepare for setbacks. A well thought-out contingency plan could come to your aid in such scenarios.
Here are 7 advantages of creating a contingency plan:
4min read
If you've just purchased or are going to purchase an insurance policy for the first time, you may be overwhelmed by the terms and conditions you'll encounter.
3min read
It’s important to inculcate good financial habits to secure your future. It’s equally important to avoid money mistakes, in order to keep yourself on track to achieve your retirement goals. Here are some of the major mistakes to avoid for hassle-free retirement planning:
4min read
The average age of retirement in India is 601, so once you enter your 50s, you are less than 10 years away from retirement. The good news is that you’re probably earning more than you did in your 30s or 40s, and you are financially stronger. But there could be obstacles lurking – and some upcoming expenses could derail your retirement plans.
Here are 7 significant expenses that you should prepare for in your 50s:
5min read
When you’re coming closer to your retirement, there may be several financial concerns in your mind. It’s easy to ignore or forget about an emergency fund in the midst of all this.
4min read
Save & Invest
Save and invest for your secure future
Financial security is a lifelong journey, punctuated by several short-term and long-term objectives that change with time. While short-term milestones are essential for keeping you motivated, long-term goals have a lasting impact on your overall financial health.
As important as it is to define financial goals, it is also essential to re-evaluate them periodically to ensure sustainable financial security. But how do you redefine your financial goals? Here are 7 tips that can help:
4min read
Most of us engage in investment planning with mutual funds to create a better life for our families. But as you strive to meet your financial planning needs, you must ensure that your investments will be transferred to your loved ones if something were to happen to you.
3min read
With their relatively lower volatility compared to equity asset class and regular income-generating potential, debt mutual funds are ideal for conservative investors. These schemes invest your money in securities like treasury bills, corporate bonds, commercial papers, government securities and other money market instruments which have the potential to deliver comparatively stable returns.
But with so many options to choose from, how do you pick the debt funds? Focus on these 7 fundamentals among other factors:
3min read
According to a recent study, travelling frequently for leisure has a significant positive impact on your happiness and wellbeing1. However, travelling can be expensive and requires effective financial planning and budgeting.
Here are 7 short-term instruments with high liquidity that can help you fund your dream vacation:
4min read
As you approach your 50s, financial and investment planning must become focused activities, to accommodate your current requirements and also prepare you for retired life.
3min read
Not everything in life goes as planned. The same holds true for retirement planning as well. Here are a few challenges that you may face along the way and suggestions on how you can successfully overcome the situation.
3min read
Turning 50 can be a wonderful landmark in your life and personal finance journey. This is when you are at the peak of your career as well as meeting all your family obligations. However, financial planning remains an important responsibility and depends on the scenario you’re in.
3min read
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