Financial Planning Archives - Page 24 of 29

Tips to choose the right mutual fund

Financial PlanningBy ArthaYantra June 10, 2013 Leave a comment

Saving and investing for future financial security is a top priority for every individual. For many of us, increasingly busy lifestyle and lack of knowledge prove to be a hindrance in choosing the right investment product. Mutual funds offer professional investment management for such individuals at an affordable cost. However, it is important that we…

How to protect your wealth against inflation

Financial PlanningBy ArthaYantra June 6, 2013 Leave a comment

The Reserve Bank of India (RBI) recently announced inflation indexed bonds, a financial instrument which can act as a hedge against inflation. These bonds are an enhanced version of capital indexed bonds issued during 1997. Capital indexed bonds provided inflation protection only for the principal while inflation indexed bonds provide inflation protection for interest payments…

CIBIL Score: 4 influencing factors and how to interpret it

Financial PlanningBy ArthaYantra June 3, 2013 Leave a comment

Every enquiry for a credit card or loan will be updated in CIBIL records. Whenever a request is placed by the individual for a credit card or loan, the financial institutions contacts CIBIL to assess the credit worthiness of the individual. CIBIL score is gaining its prominence among financial institutions as a source to understand…

Why buying smartphone on EMIs is not a wise idea

Financial PlanningBy ArthaYantra May 31, 2013 Leave a comment

For a country like India where average salaries are low compared to other developed/developing economies, we tend to spend too much on buying the latest electronic gadgets. This trend of splurging on electronic gadgets is observed more in the new generation because of lifestyle reasons. Considering that the average life of a smartphone is about…

Are you planning to be wealthy or poorer

Financial PlanningBy ArthaYantra May 29, 2013 Leave a comment

Most of our personal financial decisions are taken in isolation and without professional advice. It is important that we change this and make personal finance decision making a continuous process. Why should you worry today than repent later? The socio-economic conditions in India have transformed drastically in the past few years. The tradition of joint…

Thinking of an MBA? Know the real costs

Financial PlanningBy ArthaYantra May 28, 2013 Leave a comment

MBA remains the most popular master’s degree among Indian aspirants and considered a holy grail towards a successful and well paying corporate career. Last year, about 2,15,000 aspirants appeared for CAT and approximately 30,000 undertook GMAT in India. There are more than 3000 Business schools in India offering MBA to aspirants. While evaluating whether to…

Impact of Inflation on fixed income investments

Financial PlanningBy ArthaYantra May 24, 2013 Leave a comment

Investors often make an investment without taking inflation in to consideration. Understanding inflation is one important aspect of prudent investment strategy. Financial expert Nitin Vyakaranam, explains the effect of inflation on fixed income investment Understanding Inflation is one important aspect of prudent investment strategy. The inflation numbers have ripple effect on every aspect of the…

How financial mistakes will come back to haunt you

Financial PlanningBy ArthaYantra May 22, 2013 Leave a comment

Financial planning, as most would believe is not only just about planning for your retirement or investing wisely. If you actually crunch it to the core, financial planning is all about applying determined and disciplined guidelines to deal with our past, present and future finances. The past always haunts you. Some of us are carrying…

Four life insurance mistakes you must avoid

Financial PlanningBy ArthaYantra May 21, 2013 Leave a comment

1. Miscalculating insurance requirement: Determining the ideal amount of insurance cover needed is one of the most common insurance mistakes. One has to objectively address the question of: “How much Insurance cover do I need?” This can help the individuals in buying exactly what they need. Most of the times we end up being over-insured…

Know the difference between NRE and NRO account

Financial PlanningBy ArthaYantra May 20, 2013 Leave a comment

Many NRIs are often faced with the situation of maintaining a Rupee account in India. There are two options available with NRI interested in opening bank account in India – NRE or NRO account. Read this space to know the difference between these two accounts and know when to choose what account. An Non-Resident Indian…

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