Mastering the subject of personal finance might not be everyone’s cup of tea. Luckily, it is not always required to master the intricacies of everything when you can hire professionals who are well versed in the same. Today we are going to take you through the reasons of prime importance to hire your own financial advisor from the very onset. Holistic Analysis Financial consultants can...
Having a good educational goal for the child is the dream of every parent. Parents focus and invest in their child’s educational goals so that their children join a career of repute once they grow. However, we understand that children’s education is also very expensive nowadays and parents have to shell out a lot of money for their primary to secondary education and for their college...
Are you an earner? Or a non-earner? Whoever you may be, you certainly need to know personal financing. We all want to be stabilized financially, at least to fill current & future standard of living. Your money is the only thing that earns for you, that too for free! Then why not to make optimum use of it? Why not to plan to easily fulfil our goals/wishes may it be short term or long...
You must have heard that making investments for quick or long-term returns is a good financial behavior. However, not everyone understands if they are prepared to invest or where and why they should invest. At other times you may be encouraged to invest financially into something without having complete knowledge about the investment asset, just because your peers are doing so. Investments...
Financial Planning is about a lot more than just making investment decisions. It’s a more holistic approach towards your finances. Therefore, it is important to prepare oneself to learn managing money matters. This blog focuses and shares how you should give yourself a fresh start and boost your savings. As it is said that “Money is hard to earn and easy to lose; you should guard...
Financial planning
is so crucial and is different for every individual. It differs based on the
age of a person, his risk appetite, his current investments and the most
important factor – his goals. Keeping this in
mind that “No one financial plan fits all”, today in this blog we will be
discussing a case study of Mehta and family (Name changed) to help you get an idea
of how to...
Effective financial planning is needed to achieve the predetermined financial goals and objectives. Even when you are carrying out your daily responsibilities and chores, you would be relaxed with respect to finance position if you have planned finance effectively. Prepare a budget You may be salaried or self employed or newly recruited, but there is one common thing which all of them...
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...
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!...
Financial planning is an important task in the management of your finances. It is not just limited to the norm of planning the strategies and ways to invest your money into the various business ventures or funds or insurance schemes by various companies, but it also includes the planning to put every single penny of your income and savings into something very beneficial. A financial planner...