Financial Literacy
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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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Do Not Let Your Profit Figure Fool You
“Accounting is the language of business.” Warren Buffett Profit and Loss account shows the profit a business earns. But this could be illusionary if the entrepreneur is not aware of the accounting. Usually, companies play with the profit to satisfy the bankers and to evade taxes. This is a fine balance. For bank projected profit… 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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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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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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4 important Financial Responsibilities people in 20s should know
Money may not give happiness but money is an important lifeline for survival. While managing your personal finances you need to consider your responsibilities towards your family. The money you are earning comes with many diverse priorities. As a young earner in the family, you may not know your financial responsibilities. This post aims to… Continue reading
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