This financial tool offers a unique solution for elderly homeowners who may have significant home equity but few liquid assets. However, it also presents challenges and potential pitfalls that must be carefully considered before diving in. Let us explore the concept of reverse mortgages, their potential benefits and downsides in the context of the Indian … Read more
Tired of your 9-to-5 job and want to rather sprawl cross-legged near a beach while hearing the rumble of sea waves crashing into the shores? This may sound too tempting, albeit unrealistic, however a number of young people are working tirelessly to make this goal a reality in pursuit of what is known as Financial … Read more
When shopping for everyday items like personal care products and clothing, women often face a hidden cost known as the ‘Pink Tax’. This phenomenon refers to the higher prices charged for products and services marketed to women than those marketed to men. The pink tax is more than just a pricing variation; it’s a reflection … Read more
His early investments, however, lacked direction and focus, Mishra admits. To get some feedback, he anonymously posted his portfolio on Reddit, a community-based platform. A fellow user pointed out that his portfolio was overcrowded with too many mutual funds, prompting Mishra to rethink his investment strategy. At the time, Mishra had 14-15 mutual fund schemes … Read more
Early retirement can indeed be a cherished goal for many individuals, despite the challenges that may accompany its pursuit. Early retirement necessitates accumulating enough savings to sustain oneself potentially for decades, demanding considerable financial discipline and sacrifices, particularly for those early in their careers. Also, medical expenses can significantly deplete retirement savings, especially in the … Read more
Mostly, the promoters of financial freedom get it right; they talk about financial freedom being your ability to control your choices in life, your ability to control your time and your ability to generate income without fussing around with a 9 to 5 job and so on. But, is it just that, your ability to … Read more
The financial independence of women is described by the term fiscal feminism and it is becoming popular in India. This term represents women’s freedom in terms of money, especially those who are mothers since they are defying traditional barriers and redefining their roles within the financial sector. The emergence of fiscal feminism India has experienced … 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