INSIGHTS THAT WORK FOR YOU
Different things work for different people. Even if you are at the same life stage. Understand what works for you, as you prepare to watch your money grow.
Household Budgeting
An easy and smart guide to managing your household expenses effectively
Salaried employees can save taxes by meticulously utilising the gamut of exemptions and deductions available under various sections in the Income Tax India Act, 1961.
8min read
In today’s competitive and consumerist society where parents have little control over their children’s spending habits, it is difficult to teach them the value of money and its accountability. Childhood experiences and mental processes have a huge impact on how we handle our finances. As a result, it makes sense to instill good financial habits in children from a young age. Here are a few ideas to inculcate the right money habit among children.
2min read
Here’s a look at deductions that a salaried employee can avail.
8min read
Many experts would recommend our priority should be to pay off high interest debt. Needless to say, paying off debt will provide you with peace of mind. It will also help you free up funds for other obligations/goals. Here’s how you can use your surplus cash smartly.
4min read
"Earning a lot of money is not the key to prosperity – how you handle it is."
Dave Ramsey, leading American financial guru.
Building a corpus for the future requires careful planning and discipline. It’s important to inculcate good financial habits that will help you make progress in your financial plans. At the same time, it is important to avoid habits that might drag you back. Here are 7 financial habits that might be preventing you from growing your money effectively.
4min read
You might be about 20 years away from your retirement, and may already have been prudent enough to start saving towards this goal years ago – but as you enter your 40s, it’s the right time to up your financial game.
3min read
You might be living life king-size, but check if your lifestyle is out of sync with your finances.
3min read
Protect
Shield yourself and your loved ones with robust insurance planning
Employer-sponsored plans are intended to encourage individuals/employees to plan for retirement or hedge risks.
3min read
Nomination is an important activity that many of us miss which eventually bothers family members.
4min read
Asset allocation is the most critical decision that you will take in your journey of investment.
4min read
Having an insurance cover does not suffice. It is equally important to understand what your policy covers and what different terminology used in the policy document mean.
4min read
Life begins in the 40s, they say! From a financial perspective, however, the real business of life begins right on the day one becomes financially independent. To make sure your 40s and beyond become the best years of your life, it’s best to start holistically planning your finances as early as possible. An integral part of financial planning is to have the right types of insurance plans. Here are the four most important insurance policies that should be in place in your 40s:
3min read
If there is one thing the pandemic has taught us, it’s the need to save and prepare for emergencies. However, the money you set aside for emergencies could also be used to pay off your existing debts. Which should you prioritise? Paying off your debt or saving up for an emergency?
3min read
Insurance plays a crucial role in financial planning and is integral to financial security.
3min read
Save & Invest
Save and invest for your secure future
Here are five steps you can follow while investing to optimise returns at adjusted risk levels.
3min read
Your dream home, luxury cars, overseas vacations require high capital. Planned expenses are often met by liquidating investments.
8min read
As you enter retired life, it’s important to continue investment planning. Your goal planning will involve accumulating savings to manage expenses and help you pursue your interests in retirement. Many people look at investments for retirement planning expecting high returns in the shortest time. However, in reality, high-return low-risk investment options are rare. Most often, risk and returns are directly proportional. Hence, during investment planning, it’s important to match your risk appetite with the risk of the investment product you select.
There are two broad types of investment options available to you – financial and non-financial assets. Financial assets can be further categorised into market-linked products such as mutual funds, and fixed-income products such as Public Provident Fund and bank fixed deposits. Non-financial assets may include gold or real estate.
Here are some of the investment options that will help you achieve your personal finance goals as you enter retirement:
3min read
NFOs are better than existing funds as their NAV’s are lower?
8min read
Everyone dreams of retiring rich – but if you are not already sitting pretty on a sizeable estate, achieving it can take some smart planning, and commitment.
3min read
You should be prepared for your retirement, both mentally and financially. Failure to prepare could cause you money worries in retirement, so it’s important to plan carefully.
3min read
In today’s globalised world, we use the products of countless multinational companies without even realising it. At the same time, globalisation also gives you opportunities to invest in these companies and include them in your financial portfolio - and global funds are the way to do it.
3min read
