Most investors are familiar with a Systematic Investment Plan (SIP) – the process of accumulating money through regular investments into a mutual fund. But many may not be aware of SWP or Systematic Withdrawal Plan. An SWP is simply the reverse of Systematic Investment Plan (SIP). It is a facility of withdrawing fixed amount, regularly, from…
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Who doesn’t prefer leisure over work? Early retirement is a distant dream for most millennials. Convert this dream into reality with a better retirement plan. Here are 3 smart money moves that can help you with early retirement. Plan well to enjoy comfortable retired life! Start With Early Investments: It is quite essential to start…
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Earning extra pocket money during free time is a wise thing for teenagers to do. Interestingly, many fun things can actually help you boost your earnings. All you need is to be creative and to dedicate considerable time every now and then. Wondering how? Read through to get into the details. If you are an extreme…
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One of the best ways to transfer your wealth to your loved ones is through E-Will or digital Will. The best part of digital Will i.e. making a ‘Will’ online, is that it is secure, time-saving, and easy to make, unlike traditional Wills. Read through to get an overview of the steps involved in making…
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Yes, there is no easy way to wipe the slate clean and delete bad credit record, but you can definitely put efforts to gradually improve it. Following good credit habits like timely payments of balances and due amounts would surely help enhance the credit status. But, there are some lesser known, easy ways to improve…
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All of us make many mistakes when borrowing money, something like not estimating the financial repercussions, borrowing more than required, etc. Learn about such common mistakes people commit while borrowing money and avoid those to save both your time and money. Below, we compiled a few of them. Learn to take well-informed money decisions. Neglecting…
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“Little Drops Of Water Make A Mighty Ocean.!” This saying goes well with Systematic Investment Planning (SIP), which is nothing but investing a little on monthly basis on a pre-set date into specific mutual funds. Little amounts deposited on a regular basis accumulate to become a substantial corpus in the long-run. Thus, it is a…
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Many open multiple bank accounts for various reasons like salary accounts for different organizations, different accounts for savings or investments, etc. Whatever be the reason for opening, having surplus bank accounts does more harm than good to the account holder, especially if they are not in regular use. Read through to learn the reasons that…
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Sarah, a young, well-educated and an earning woman, had recently begun to deal with her finances on her own. But, it was getting over her nerves as she was unsure if she was doing the right things with her money. She knew that she is not super-educated at finances and wanted an expert guidance. It…
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It is imperative that you stay covered in life so that neither you nor your loved ones suffer during an unforeseen event. Get the right insurance portfolio in place to stay safe and secured. Here we listed out some important insurance policies that are worth being a part of your kitty. Read through to learn…
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