Personal Finance
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What You Need to Ask Your Financial Planner?
“No one is dumb who is curious. The people who don’t ask questions remain clueless throughout their lives.” Neil deGrasse Tyson. Knowing the competency and independence of the professionals we work with is important. Usually, we go to doctors or chartered accountants referred to us by someone known to us. With the opening up of… Continue reading
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How to Evaluate Mutual Fund Performance? Criteria You Need to Know
Though the Mutual Fund Sahi Hai campaign by AMFI needs to be more convincing, yet the message of the campaign is Sahi. It all started in India with the first scheme Unit 64. After years there as another scheme Master Share which received tremendous response from the investors. The investors invested in the new scheme… Continue reading
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2 Powerful Wealth Creation Books To Read ASAP
Learning from the experience of successful people is the quickest way to learn. Books by experienced people are the best source to learn from these people. Some books remain with the readers throughout life. Some of the lessons learned from the stalwarts at an early age make a sea change in one’s life. “ If we encounter a man of… Continue reading
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Do You Possess These Characteristics to Become Rich?
Do you want to be rich? Since you are reading this post, the answer would be Yes. Becoming rich is everyone’s dream. Some give up midway, some pursue it relentlessly, and some actually become rich. At the end of the day, it’s all about luck but at the beginning of the day, it’s all about… Continue reading
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You Need to Know 4 Aspects of Personal Financial Planning
Among all the planning you do Financial Planning is perhaps the most important but mostly ignored planning exercise. Financial Planning requires you to consider planning about your life. It entails considering budgeting, savings, investments, taxes, insurance, retirements, and important life stage planning like children education, marriages, etc. It is an exhaustive process. But it is… Continue reading
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21 Reasons Why People Buy Life Insurance
There are 100 reasons why you should exercise. There are 50 reasons you should save money. How many reasons are there to invest in a life insurance policy? “There are worse things in life than death. Have you ever spent an evening with an insurance salesman?” Woody Allen: People have many reasons for what they… Continue reading
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Why You Need to Make a Will?
A good Financial Planning also takes care of wealth distribution to the next generation. You invest in a life insurance policy to protect your family member after your death. You make a WILL to make their lives easy after your death. You also make a WILL to distribute wealth in a fair way. You make a WILL to… Continue reading
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4 Reasons Why Entrepreneurs Need to Save
Story: Recently I saw a balance sheet of an entrepreneur whose business is doing a turnover of about US $ 15 mn and good profit. However, his personal Balance Sheet did not reflect any substantial investment other than his house. The loan of another entrepreneur known to me become NPA. He was making a reasonable profit for many years.… Continue reading
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What Women Need to Know About Family Finance?
Do you know you can do nothing after your death? “No one here gets out alive.” Jim Morrison Therefore, financial planning for your death must start when you are alive. It may sound unkind, but death is the ultimate future of every living being. If you plan better it is good for your spouse, if… Continue reading
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14 Financial Hygiene Tips You need to know
We celebrate two birthdays. One as per the English Calendar and other as per the Indian calendar. But we celebrate 3 new years. One starts as per the Indian calendar, one as per the English calendar, and one financial year. We are approaching the new ears as per the English calendar year. One more new… Continue reading
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