Who doesn’t dream of being rich and living a lavish life? All of us aspire to have a beautiful house, the latest car, travel the world and have a good bank account that lets us live life to the max. There are some who are born into a rich family, while others become rich by their own efforts. Naturally, becoming a millionaire is no ordinary deal. It requires you to save money and invest...
Good things and good opportunities, once ignored, go waste. This is the same with your retirement plan. A retirement plan should be done with great caution, as the channel was chosen shall be final. To prepare an effective plan and execute the same, you need to devote adequate time and seek expert advice. It is essential to hire an experienced financial planner for creating a...
Ambassador car was once a top gun of Indian automobile industry. Leaving apart the look factor, it was one solid performer in terms of strong body, spacious indoor and superb mileage. It was impossible to think of any suitable alternative of ambassador during the 90’s era. But a decade and significant automobile innovations later, the ambassador can hardly be traced in the automobile...
Financial planning is a very important aspect of anyone’s finances. Proper management of finances is the right method to do finance planning. With proper management of finances, you will not only be able to save your future, but also set aside money for life’s important finance goals, such as children education, children marriages, new home, car etc. Finance Planning – An important...
Whether you are going to be retired at the end of your long professional career or just wish to take voluntary retirement only to enjoy life and freedom from compulsory professional obligations, at the time of your retirement what you invariably require is financial security or a lump sum corpus of money that can take care of all your expenses for the rest of your life. Well, there are several...
A new year is a new opportunity to think about small and large ways to improve our daily lives. We can also make some new plans to plan out our new financial diary for a brand new year.
By all means, your overall financial planning depends upon your earnings and prior assets, and most importantly entities such as student loans, housing, and car. Still, smart evaluation can keep you on a...
The SCSS (Senior Citizen Savings Scheme), launched in the year 2004, was a considerable hit as it gave higher returns on the investment. It contains all the elements that a senior citizen investor could ask for: fixed returns, immunity of capital and regular payoffs. Under the Section 80C, the Senior Citizens’ Saving Scheme (SCSS) also provides tax benefits and premature...
If calculated the total amount of money that an individual earn in their whole life, it sums up to millions but have you ever imagined why all of these people are not millionaires? Why there are very few who can earn millions in their lifetime and become wealthy? Many people inherit wealth from their parents or grandparents and some work hard throughout their life and build their own empire...
As the economy is developing and the business market grows, every individual is trying to create a financial portfolio for themselves. The individuals are trying to purchase and invest their savings and capital into as many assets as they can which gives them the maximum profits and security from the uncertainties of the life. You should know it well that along with the safety of your life,...
Wealth management is a good practice and every person should have basic knowledge about wealth management. Knowing the important facts on tips about how you should and how you can manage your wealth in a way such that it provides you the maximum benefit and you can enjoy your money in a healthy way. The standard way of the wealth management includes handling of the most basic factor of...