Diwali, the festival of lights, is a time when every corner of India comes alive with celebrations, from the glow of diyas to the joy of sharing sweets and gifts with loved ones. But it’s not just about festivities; it’s also a moment when Indian investors get a unique opportunity to embark on a financial journey like no other – the sacred tradition of Muhurat Trading....
Disciplined financial planning serves as the prerequisite of leading a financially secured retirement life. However, this hardly gets followed in most of the cases. Although retirement planning sounds a bit scary and confusing to most people, this anxiety can be entirely removed by avoiding the most common retirement planning mistakes committed by people. Today we are going to take a look at...
Seeking out the assistance of financial advisors for investment advice seems like the easy way out while dealing with financial troubles. However, the real problem starts while gauging whether your advisor is actually taking care of your corpus. You might face several questions while dealing with the same. Are your friends and relatives doing better than you? Has your portfolio showcased much...
Financial planning paves the way to achieve financial independence and plan a smooth retired life while one is still earning. Early planning provides a long horizon to multiply the investment. People of different age groups have different priorities, hence, each of them needs to plan accordingly to achieve their financial goal. Financial planning can have varied horizons and purposes for...
Money management for kids? Really? Yeah, they are growing up in a very high paced and global environment, where they would need to manage their every penny. This is not an easy task as you know it, so why not start early? Good habits die hard and this money management habit will really help them a lot in future. So let’s start! Pocket Money Pocket money or monthly allowances can...
Coronavirus outbreak has impacted the entire world in more than one way. Every human being has felt the effects of covid-19, be it socially, financially or on health. COVID-19 cases crossed 19 lakhs globally and around 1.25 lakhs turned fatal. In India, the number of cases is in control but still has in 3 weeks crossed 11,000 mark from just 550. The growth in covid-19 cases is increasing...
I still remember my childhood days, when my mother would give me pocket money only if I did the house chores. She would tell me that half of it, I could spend, while the other half, was put into my piggy bank or should I say ‘KHAZANA’. Well, of course, now we have banks for that. Yes, those were the good old days. I think everyone knows how important it is to save and invest, given the...
Fintoo is a premier online platform by India’s leading Financial and Tax Consultancy Firm, Financial Hospital. Fintoodirect makes mutual fund investments easy and effective. This online portal allows individuals to easily invest and track their entire portfolio. A tie-up with 22 leading AMCs (Asset Management Company) ensures that investors don’t have to take a chance with average...
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...
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...