There’s an old man called Time who is good at compounding. He compounds your savings and your debts and depending on what you choose, the experience can be either pleasurable or miserable. But what is compounding, therefore compound interest? What does it mean to your personal finances? For a better understanding, here are the 5…
Details
Our personal financial journey starts from our very own kitchen. In the past, women in the kitchen have always been regarded as Lakshmis for championing savings at micro-level. Under all circumstances, they would artfully tuck away extra cash without compromising on the food they would serve on the platter. Most of the times, such funds…
Details
Many of us live in a myth that long term investments mean relying on equity markets and completely ignoring the debts as a part of investment strategy. Owing to lack of awareness about debt funds, a layman hesitates to invest in it. But here is what a debt fund is and its types to help…
Details
Perhaps the best way to realize a quandary and craft a solution is through getting your hands dirty. Similarly, Nitin B Vyakaranam, an engineer (Electrical and Electronic & Communication) lost substantial amount when a mutual friend sold him a ULIP policy post his return to India from U.S. He had no idea about finance products…
Details
Asset allocation is one of the seminal aspects of investment strategies that can be applied by investors. There are multiple factors that form the basis for creating asset allocation strategies for the investor. Historically, the know-how and intelligence required in building asset allocation portfolios have always been limited to a few qualified professionals in the…
Details
Imagine if a morbidly overweight person resolves to be size zero in no time, how impractical his aspiration is. Nothing can be achieved overnight. Be it ideal weight loss or financial stability, perseverance is the key. So, this New Year, if we have resolutions that concern our finances, there’s no better time than to start…
Details
ArthaYantra, known for its cutting edge Research reports, has captured New Year Resolutions of more than 3000+ individuals in the form of a Survey from across the country. For ease of understanding, the New Year Resolutions have been categorized in three buckets, Health, Personal Finance and Personal/Philanthropic keeping in minds the participants’ behavioural perspective. The…
Details
With the world celebrating Christmas today, the air is rife with joy and merriment. People are visiting churches, meeting friends and enjoying the spirit of Christmas. You too are in a great mood today and wish to be as much generous with your friends and families in considering gifts and novelties for them. When you…
Details
Over the next 10 years, delivery of financial services in India will undergo a dramatic change. Everything you need will be at your fingertips, on your smartphone. No more awkward visits to the bank. While pessimists may scoff at the idea of technology making the big difference, remember the experts back in 1998 who wrote…
Details
Mistakes are stepping stones for success, because, mistakes will make us learn valuable lessons, when we realize and correct them. Similarly, financial mistakes can be rectified by realizing committed financial mistakes and there of not committing them again. This objective approach towards personal finance when applied with a few simple regular exercises can help us…
Details