National Pension System (NPS) is a voluntary retirement savings scheme. It is designed to enable systematic savings during the subscriber’s working life. You can open the NPS account at enps.nsdl.com, provided you have an account in any of the 17 banks empanelled with the National Securities Depository Ltd (NSDL) and is linked to your PAN.…
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Financial planning is even for girls! Your daughter needs equal money management skills as your son. Do not deprive her of money management lessons from early life. Help her gain confidence in financial matters. Here are some simple lessons to teach your daughters about money management. Work For Your Money: Daughters are to be taught…
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People work hard and earn their livelihood. But many do not focus on the regular mistakes they commit, which burn out their pockets. Identify such common mistakes, made by almost everyone, and avoid them to add more value to your hard-earned money. We attempted to list out some of them below. No Track Of Spending:…
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Student loans are financial aid offered by financial organizations as a support to students with their education. They may seem overwhelming to pay EMI for years to clear the entire amount. However, a student loan can be cleared easily and quickly if the right strategies are followed. Read through to learn more. Automate payments…
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Finding a new job means taking a big career leap. The move could be beneficial in building your career, but a graceful transition could be achieved only with perfect planning. Here are some important financial decisions to take before switching the gear to remain stable in every possible way. Do not miss out on…
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What Goes Around, Comes Around – The Law of Karma According to the law of karma, whatever we put into the universe comes back to us. It applies even to the donations made towards charity. The act of kindness towards charitable donations comes back in the form of tax savings. Tax deductions by the government…
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According to several studies, you are more likely to overspend when you are sad, anxious, or stressed. Shopping acts as a short-term slave while filling an emotional void, but it greatly affects your financial status in the long run. You may not control many things in life but can surely control your spending with strong…
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Setting up priorities is a day-to-day struggle in life, yet essential to proceed smoothly. Similarly, setting up money goals on priority makes it easy to focus and divert money, accordingly. Prioritizing financial goals simply means knowing money needs and prime money concerns of life. Read through to get more details. What Are Financial Goals? Financial…
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The most joyful life event for every couple is childbirth. While enjoying the moments, most expectant dads feel the stress in the air about putting the family finances in order. It is perhaps the game-changer of the family’s financial planning! However, it can be dealt with ease with a thorough financial plan. Secure your family…
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The total number of road accidents in India are rising year after year. According to a report from the Indian Ministry of Road Transport & Highways (1), the total number of road accidents has increased by 2.5% from 4,89,400 in 2014 to 5,01,423 in 2015. If death occurs due to an accident, a life insurance…
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