Here are some simple actions that will help you get ahead and give you peace of mind when dealing with money issues. Look back at your financial history If you want to be prepared for the year ahead, it’s good to look back at your financial history. You might want to look at your bank … Read more
As millennials, it’s commonplace for us to prioritise our personal financial aspirations. However, amidst our pursuits, we must recognize the financial security of our younger siblings, who may still need to gain the maturity or resources to secure their own financial futures. Rather than solely indulging in fleeting pleasures like gadgets or social outings, we … Read more
The early bird gets the worm The decision to prepay your home loan isn’t just about having surplus cash; it’s about timing. Making additional payments towards your home loan in the initial years can significantly impact the interest you pay over the loan’s life. For instance, Ankush, who took a ₹50 lakh home loan at … Read more
Investment is one such goal that makes the journey of life interesting. Investment is an asset acquired with the goal of generating income or appreciation. Appreciation increases in value over a period of time. Investment is made to create future wealth. When a child is born, learning is gradual. Recognition with senses, reciprocation with gestures, … Read more
Holi, the festival of colours, is not just a time for fun and merry-making but also offers valuable financial lessons that can be applied in our everyday lives. As we celebrate Holi, let’s take a closer look at some of the financial lessons we can learn from this vibrant festival. Budgeting and planning ahead Just … Read more
‘Don’t put all your eggs in one basket’, once said a wise man. In the dynamic landscape of financial markets, constructing a robust investment portfolio is crucial for achieving long-term financial goals. One strategy that is gaining prominence is the adoption of a multi-asset portfolio. This approach involves diversifying investments across various asset classes, offering … Read more
More often than not, it is money that defines and determines the course of relationships. This is very true for young married couples. Hence, they must get their priorities right, set their common goals and have clear demarcation lines of who takes care of what. Get your finances right For a newly married couple, the … Read more
Experts guide these strained souls on how to manage their finances to care for their parents, support their kids and tide over for themselves too. “Generation S or the Sandwich Generation is perhaps living in the most precarious of financial conditions; as they are encumbered with taking care of their ageing parents, and children. Another … Read more