6 Tips For Financial Planning At Age of 30
Turning 30 years just presses the panic button, as you know that 20’s are over. You are still earning and are married and some of you are blessed with kids also. This just underlines the need for financial planning which will carve your future finances. Here is how you will deal with financial planning which will place you in the most convenient position. Early Financial planning You...
4 Things To Consider Prior Purchasing Term Insurance
Smart investors never fail to set realistic and long-term financial goals to ensure a secure future for themselves as well as their dependents against all unforeseen events. They do the same by investing in term insurance plans which is nothing but life insurance in its purest form for rendering comprehensive financial protection to your loved ones. However, in most of the cases investors fail...
STILL RELYiING ON HEALTH PROVIDED BY YOUR EMPLOYER?
Health planning is very important as you may never know what is beheld in the future and you are always unaware about the uncertainties and casualties in your life. This is why it is recommended to every individual to have a health insurance. Health insurance is beneficial for you at the time of any medical casualty and you need money for the treatment. The health insurance, for which you are...
Insurance – For Protecting A Smile Or For Saving Tax?
It is always best to do your tax planning at the start of the new financial year. However, this year most of us could not make the required investments in the beginning owing to cash crunch. This inability was the outcome of the lock-down amid Covid-19. But now as we are in unlocking phase, we should also pay attention to the financial chores that we had put on hold. It is suggested that you...
Why Tax Planning Is So Important That It Can’t Be Missed
‘Tax’ a most feared word. No one likes to pay tax, since it’s a compulsory contribution. People think that paying tax is a waste of their hard earned money, because money is going out in form of tax but the money is not reaching the right hands. The more you earn the higher tax bracket you fall into. But having said that, there are plenty of tax saving tools out there. Of...
Know Your Expenses During Mutual Fund Investment
Mutual Funds are great investment options that allow you to experience the return potential of the capital market and that too at very little investments. However, they come with associated charges and hence one should know the types of such charges on the scheme before investing. The expenses associated with a mutual fund scheme are either one-time charges or recurring charges. The expenses...
How to pick stocks on the basis of P/E ratio?
Investing in stock market gives you an opportunity to accumulate wealth in the long run. Everyone would want to grow their wealth and equity market is the only asset class which helps you to earn high returns. Not only it gives you the opportunity to earn high returns but also tax efficient returns. But a major problem that most of the investors face is how to pick stocks. Although you are...
How To Plan Your Investments?
Don’t we all dream of owning a lovely duplex, flashy car, securing the future of our children, spending on luxuries and last but not least ensuring a comfortable retired life for ourselves? To sum it up, you can refer to this as the Big Fat Indian Dream. But do you know what gets in the way of achieving this dream of ours? Yes, you got that right; it’s the even bigger financial constraints!...
Benefits of Investing in Debt Mutual Funds?
Debt mutual funds invest in fixed income securities like bonds, treasury bills, government securities, Money Market Instruments, and any other debt instruments. Such debt mutual funds are available in the form of Monthly Income Plans (MIP), GILT funds, Fixed Maturity Plans (FMP) etc. Debt Mutual Funds are different from regular equity mutual funds and offer various other advantages...