Many of us people think it is absurd to purchase the life insurance plans at an early stage of life, because you are too young to die and have a whole lot of life to earn and save for the life insurance plans, but truly speaking, the life insurance plans should be bought in the early years of your working life. Even if you go and ask any of the financial planner or advisor, they will also...
Investment done at any age is a good way to get a large amount of corpus on maturity. While doing investments, many people get confused whether to invest in equity, mutual funds, SIP or through other Investment instruments available. It has always been a tricky question whether you should invest directly in Equity or via Mutual funds. These decisions often make it difficult for people to...
Strategies of wealth management are some basic fundamentals that everyone should be aware of. The power of intelligent investment in the creation and multiplication of wealth is indisputable. However, many of us are not aware of some basic flaws that every investor might fall prey to. We often treat terms associated with investment strategies as financial jargons meant only for the erudite....
Emergency Fund as the word itself says it is a fund which can be utilised in case of an emergency. Emergency can come anytime. You will not know in advance what unforeseen event is going to knock on your door. It could be a job loss or medical emergency with any family member or yourself. In the worst case it could be an unexpected demise of an earning member in the family. The interesting...
Investment is indeed a very good option to begin with managing your finances and to put the money at work for you. The investments are not just to grow your money but they are also a way to secure the future of yourself and your loved ones. It leads to the ownership of various assets and can also get you a high amount of returns on the investment capital. Before you begin with the...