You are well familiar with a way of investing in Mutual Funds monthly through Systematic Investment Plan (SIP) where a fixed amount of money goes from your Bank Account to any Mutual fund schemes. However, SIP is meant for those who have regular stream of inflows, especially salaried individuals, they used to earn every month […]
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 […]
Mutual Funds through Online Platform: Be Cautious
Gone are those days when you called up your agent and told him you want to invest into mutual funds. He filled up the various forms of respective mutual funds companies and submitted with their respective AMCs. This is a classic way of investing in India since long time and still going on. This type […]
Financial Literacy leads to Financial Planning
Financial Planning cannot work without financial literacy. Financial literacy is not merely the knowledge of financial services and products; it is about your financial attitude and behavior so that you could have ability to make self-informed financial decisions regarding planning, saving, investing, protecting, borrowing and much more. Financial literacy is not rocket science and it […]
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 […]
Hindsight of Investing in Tax Free Bonds!
Ramesh is worried about to make fresh investment as interest rates going southwards, which is bad news for many savers , including senior citizens. Being a conservative investor, he has never looked beyond fixed deposits for his savings. Ramesh keeps evaluating bank FD interest rates for locking his funds for more than five years. But […]
Should you invest in the “Best” Financial Product?
You used to go doctor who examines your health and comes up with a diagnosis of what the ailment is and what medicines you need and for how long. Would you turn around and say the doctor that you want the best set of medicines instead of the medicines advised are, therefore may not be […]
Investment Key for your Retirement Kitty
With the dismantling of the joint family system, rapid urbanization, the concept of nuclear families and children opting to stay separately, people have started recognizing of the need to prepare for their retirement kitty while they are still working and earning. Unfortunately, majority of people start thinking about their retirement planning only when they cross […]