Most people are not able to set aside the amount of money needed for their retirement. Because, they are either contribute only a part of it or not at all and ultimately, have they ended up postponing their retirement plans. As a result, they are found the deficit in their required retirement corpus at later […]
Your Family Situation decides your Insurance Coverage!
Mostly, people concentration lies in picking the best life insurance product from the best insurance company but without any evaluation of adequate insurance coverage. While contacted by readers who tend to generally ask us very generic common question: Tell me which company or insurance plan is the best suited? But one chief question, they never […]
Right way to Plan your Child Education and Marriage
Start by planning early. The ideal time to start planning is when you child is born. School fees and other child upbringing expenses may not be a big burden, but it’s for your child’s college, higher studies and marriage that you would probably need to plan and save in advance. The reality is that when […]
Optimum Usage of Credit Cards!
Credit card is used by almost everyone now a days and utilizing a credit card features is an art but not a rocket science. It needs discipline, attitude and the right mindset to be used. In all probability you must be holding Credit Cards in your wallet and must be wondering how to use it […]
Are Children Insurance Plans really worth for you?
The biggest financial commitment of any parent is undoubtedly aspire to offer the three best things to your children – the best education, a decent life style and their grand marriage. With the birth of child, some of us spontaneously intend in our mind to get child insurance policies towards planning for our children’s financial […]
New Positive Changes in Insurance Policies from January 2014
Some of the most widely sold life insurance policies especially traditional policies like Endowment Plans, money back plans and even ULIP’s will to discontinue after 31st December in this year. IRDA’s new product guidelines have already laid down some major changes in life insurance industry and will becom e effective from Jan, 1 2014 which […]
7 Saving Strategies that can backfire
Our human mind is pre-set to try buying anything which has a lower cost and always looking for many tips on saving money out there, but there are some that are just dangerous or potentially expensive. Many of these are possible in good ideas, but as we are indulging our inner tightwad, here are some […]
Is your Pension Plan the hanging sword of taxation?
Ramesh Sexena, an IT professional aged 45 years having been lured by the touchy-feel advertisement of new launching of various pension plans. The pension product, which was meant to make his retirement easy, has played the devil’s role in his life. Let’s see that how Mr Sexena, got in pension trap as well as tax […]