The thirties is when we are healthy and do not bother about the future. We love partying rather than focusing on saving for the future. This may continue until we realize that retirement is not very far. The fifties is the time most of us regret money mistakes made during your 30s. Act now to…
A self-sufficient retired life is everyone’s dream. This distant dream can be turned into a reality only when due prominence is given to planning and saving. But in reality, most of us undermine the post-retirement needs. And soon when the retirement is around the corner, we realize how tough it is to continue the same…
Nithya was a good student at the college. She always dreamt of having a well-planned life. She wanted to work after her post-graduation for three odd years and own a car. Buy a house at 30 and then get married. However, nothing really went as per her plan. Most of her initial income got exhausted…
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…
“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…
Are you excited about joining your first job? You definitely deserve celebrating this milestone. It’s worth enjoying the achievement. Yet, it is utmost essential to convert this state of ‘financial independence’ to ‘secure financial future’. Now is the time to take steps towards healthy financial future. Get habituated with financial discipline right from the time…
Every parent aspires to offer a secure and quality life to his child. But when it comes to finances, many miss out on making the right investment choices at the right time. Here we listed the best investments that can secure the child’s future and help meet all the financial needs. 1. Systematic Investment Planning…
Big IT companies are all in the process of laying off their employees. Most of those who are taking a hit are senior and mid level professionals with 10 to 20 years experience. As the growth in the industry declines, even the lower level employees would be targeted. Very recently, Cognizant has offered a ‘voluntary separation…
My two-year-old is already taking tiny steps to his playschool. I love the fact that he enjoys being in school and taking an active part in most of the playgroup activities. As a responsible parent, I understand the importance of exposing him to the quality education, right from the beginning. But to continue to offer…
Typically, investors mostly think of tax saving instruments during last quarter of financial year and finally end up making financial mistakes. Conservative investors invest in insurance, Tax Saver FD,PPF instruments. But if your investment is to create wealth for your retirement, you have to invest in an instrument which gives you inflation adjusted returns and…