Middle-class families are almost always under financial pressure due to limited income yet too many responsibilities. Eventually, families do not have enough saved to pay for kids’ college and even to retire at 60. To relieve the stress and to improve the financial situation, it is imperative to avoid the below listed common money mistakes…
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Mutual fund investments are the way to go for modern day investors, as they are proven to be the most efficient and convenient sources. However, without proper examination and diligence of funds, these investments may get a bit tricky. Read through to learn a few crucial things to remember before making mutual fund investments. Invest…
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Work Hard, Party Harder! Most of us accept this. Why not, craving for a party never dies! In fact, parties help rejuvenate and kick start the coming week with enthusiasm. At the same time, it is imperative to ensure that the casual get-togethers or parties do not hurt our finances. After all, we need to…
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Kids’ education is the top most priority for most Indian parents. According to an HSBC report, around 89% Indians fund their children’s education and 79% want their children to do post graduation. Most parents do not even hesitate to ‘make sacrifices’ for their kids. Such is the parents’ desire to educate their children. But rising…
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A dignified retired life is what everyone deserves after years of hard work. It is imperative to plan for the retirement along with other financial goals like child education, own house, etc. to lead a self-sufficient retired life. It can only be achieved with a proper retirement planning. Below are some useful tips to achieve…
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Public Provident Fund (PPF) is one of the popular long-term investment schemes, established by the Ministry of Finance (MoF) of India in the year 1968. The rate of interest for PPF was 8.7% for the financial year 2015-2016, which has been revised to 8.1% in the Union Budget 2016 for the financial year 2016-2017. Read…
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People plan for many things in life like career, marriage, kids, education, vacations etc. But have you ever planned for an uncertainty like your unexpected death? What about your dependents and family when you leave them suddenly? Can they manage and survive in your absence? What about the family’s financial repercussions of your sudden unexpected death?…
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If you are thinking that it is hard to earn after retirement due to your age, you are wrong! Retirement is the best time to start your second innings, majorly because of the vast experience that counts. Even if you are drawing the regular pension that meets your expenses, it is always better to have…
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Consistent little steps help achieve remarkable results in no time! If you are in the dilemma of whether you can ever get smart with financial matters, believe YOU CAN! It only takes a little effort every day to get smarter. It doesn’t take a lot of money to become wealthy either. Best to start learning…
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I am a retired professor with a beautiful family. I and my wife receive handsome pension every month. Our children are married and settled in two different metro cities in India. We keep visiting their places every now and then. Why not, I love spending time with my children, especially grandchildren. After all, spending time…
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