‘To Err is human’, but a human in desperation can take even bigger erroneous decision with his/her money. Bad debt decisions remains a primary reason of why people have low savings. These decisions are made in haste, under the influence of emotions and due to lack of knowledge. It is quite understandable that every individual…
Long-Term care is a specialized service offered by a close-knit network of professionals managed by an organization providing an array of services comprising of primarily Healthcare services and also affiliated services like providing domiciliary/ Home-care services like nursing, medical/non-medical services, assisting the patients or people who are physically/mentally disabled. They may be needing physical assistance…
Imagine a car your father bought when he was young, let’s say it was a Fiat Padmini. It was a good car which has power, was fuel efficient and was accommodating. But, can you imagine driving it now? No, right. You would probably buy a new sedan or a Hatchback with all new features and…
Apart from the plethora of articles that we keep reading on retirement, there are a few factors that one must consider post-retirement. These are more emotional in nature and are an inherent part of a retired person’s life. Let us take a look at 4 post-retirement must dos: Financial Dependents and Mentally/Physically challenged, specially gifted…
Dhanam Moolam Idam Jagath… –Money is the root of the world. Money helps in fulfillment of life. Hence money management is very important but is quite often neglected. People work so hard to earn the money, but fail to utilize their hard-earned Money The following are some of the key-Takeaways from this special day. 1)…
Raksha Bandhan is the symbol of bond between a brother and a sister. It is the day when they pray for the well-being of each other. The sister performs pooja of the brother and ties a Rakhi, on her brother’s wrist. Tying of a Rakhi to the brother’s wrist is symbolic of the oath that…
Mahatma Gandhi said he would consider India independent the day her daughters could walk free on the streets in the middle of the night. No offence to Gandhi, but isn’t that a little restrictive? As the modern woman struggles to balance between demanding breakfast menus and spreadsheets, ageing in-laws, looming project deadlines, board meetings and…
This weekend we are going to celebrate our 70th Independence Day. India has grown amidst all the stress it has been through the past. Speaking of coming of age we also need to free ourselves in terms of our finances and adapt new methods in our personal finance. Data shows that only handful of Indians…
It is the responsibility of the parents to build discipline, manners in their children. It is also very important for the parents to teach their children lessons about money and how to be disciplined with money. 1) Manage your pocket money: It is always recommended for the parents to make their children financial responsible and…
For many, a second home is a noteworthy consideration as real estate is assumed a “safe-haven” for investment. Some see it as a part of their inflated net worth or as a source of alternative income and for some it just satisfies their eyes to have a physical asset. All in all, owning a second…