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The Risk of Investing in Investment Products You Need to Know
“Risk comes from not knowing what you are doing.” Warren Buffet Investment is a risky affair. Since it is about your money, this risk is important to understand. Here we present in brief the risk associated with different financial investment products. The Safest Investments in India: Government bonds, Public Provident Funds, all investment schemes of… Continue reading
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6 Powerful Money Basics Your Kids Should Know for Better Life
“Formal education will make you a living; self-education will make you a fortune.”- Jim Rohn Are your Kids smart? The answer is no brainer. The present generation Kids are smart. To make them smarter parents send them a various hobby and academic classes. We are living in the world of super kids. But there are… Continue reading
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8 Things You Need to Know to Deal With Financial Distress
NPA figure in the banking and NBFC industry is exorbitant. Banks are suffering but what about the borrowers who have suffered business loss. They are facing recovery agents, social abstinence, legal battles, the stress of managing family expectations and responsibility of turning around the business. The situation is dire. People suffering from financial distress are… Continue reading
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A Glimpse of a Debt Free Life You Want to Live
“Rather go to bed without dinner than to rise in debt.” Benjamin Franklin Are you living in debt? Here is a post which explores a possibility to live without debt. Debt has become a part of our life. For anything and everything in life, the loan is available. If not formal borrowing, your credit card will… 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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9 Key Financial Literacy Aspects You need to Know
Financial literacy is about how you deal with your money. This is about simple basic things about money. Financial literacy is not necessarily your literacy about the language i.e. reading and writing. It is different. “The number one problem in today’s generation and economy is the lack of financial literacy.” Alan Greenspan It is about… Continue reading
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Do you know how you are mismanaging your money?
Earning money is easier than managing the earned money. We all are so obsessed with earning part that managing part is left unattended. However, it is the managing part which will create wealth for you. Money well-managed is the money working for you without you working for the money. Many people are smart at earning… Continue reading
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Why You Need to Know About the Inflation?
Do you know what is common between you and the RBI? Both deal with inflation daily. Both want it to go down. But the power of inflation is so high that RBI struggles and people suffer. What actually the inflation is? You hear about the inflation daily but many of you neither know the real… Continue reading
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Everything You Need to know about Nomination of Your Life Insurance Policy
Do you know who is the nominees of your life insurance policies? Do you know the nominee of the properties you own? Appointing a nominee for all your assets is important. A property or investments without a nominee can entangle your near and dear ones in a legal battle. Therefore, the act of nomination is… Continue reading
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Easy Availability of Loans Can Ruin Your Life
Mr. R who was a small entrepreneur lived in a posh suburb of Mumbai. He was always cash-starved like many other small entrepreneurs. He enjoyed the bank limit for his working capital needs. His appetite for growth was far more than the bank’s lending parameters. However, since the last couple of years, his cash crunch… Continue reading
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