In the emotional aspects of real estate investing, everyone would seek property investment in almost every portfolio. Residential property is the most favorite and common asset class that the people should own. Even while people are in high earning and accumulating phase tend to get carried away and keep buying multiple properties and land in […]
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Category: Personal Finance
Are you committing 6 BIG Mistakes to hamper your wealth creation journey?
1. Underestimating inflation Almost everyone we interact with is keen on being financially free in 10 years or less but they are unable to estimate the effect of inflation on their expenses. A good rule of thumb to remember would be that at 7 percent inflation, your expenses will nearly double every 10 years, even when you […]
5 Demystify your Investments Myths and How to Get rid of them.
The lack of adequate financial literacy creates fertile ground for the propagation and acceptance of financial myths. While the wide prevalence of these myths or misconceptions stop many consumers from making optimal financial decisions, falling for some of these can have long-term adverse consequences on their financial health. At PrudentFP, we here are observed some of the […]
What is your Fulfilment Income Curve?
We, as a personal finance professional, add immense value to our client’s financial lives. At PrudentFP, we enable you to create wealth, setting you on a path to achieve your cherished goals and dreams. Hence, you deserve to earn well to take care of your aspirations and live a good lifestyle. In this post, I want […]
Want to Simplify Your Financial Life? Not so Easy
There are many easy solutions to organize and simplify our financial life, but we tend to choose complexity. We often tell ourselves we want to simplify, simplify, simplify but on the flip side, we tell ourselves that the solution to an important problem has to be complex. On some level, we all understand that simplicity […]
How to manage idle cash in saving account?
We have already had an endless debate about Indian government’s demonetization move and do expect a drastic change in the way of spending, saving and investing themselves. Though the prime motive of demonetization is to unearth and eradication of the black money, it would have multiple positive effects on the economy. At the same time, […]
How Budgeting takes place charge of your Finances?
It is undoubtedly that modern consumer culture is full of traps that lure us buying so many things we don’t really need. But that’s we are only half of the problem. At some point, we stopped being Indian citizen and start being first and foremost, Indian consumers. If we want to take control of our […]
Budget 2016: Detailed analysis that will affect on your Personal Finance?
There is another big round of much awaited event the Union Budget 2016-17 was announced where stock market is celebrating, aam tax payers are crawling and farmers are happy in some extent. This time, FM is tried to tinker with sensitive long-pending old tax provisions which caused chaos. Every year salaried class tend to have […]