Following these 13 points can help you achieve your dream of financial freedom.
08 Oct 2015, 3.30 pm | Source: Moneycontrol.com
One should save a fixed proportion of his income. Also as age increases, the saving ratio too should increase. Longer one saves and invests, more he stands closer to his financial goals.
07 Oct 2015, 12.05 pm | Source: Moneycontrol.com
Raising a special needs child requires extra efforts by parents, when they are around. And they should also plan it well in advance, as the child may need a support even when they are not around.
22 Sep 2015, 1.01 pm | Source: Moneycontrol.com
Here is a six steps guide to get your financial plan on track to achieve your financial goals.
14 Sep 2015, 2.37 pm | Source: Moneycontrol.com
Money skills are not taught in schools. However, they are essential for one’s growth. It is better to start educating kids at younger age.
04 Sep 2015, 6.14 pm | Source: Moneycontrol.com
Due to market movements and changes in risk appetite one may need to have a look at his own asset allocation. Regular portfolio health check up can further help to take corrective steps in asset allocation
04 Sep 2015, 5.24 pm | Source: Moneycontrol.com
It outlines a plan of action for an army unit. If applied to personal finance, one can get a plan of action to achieve financial goals.
01 Sep 2015, 11.31 am | Source: Moneycontrol.com
Instead of giving her gifts such as watch, wallet, dresses; it makes sense to gift her a path to her financial freedom
28 Aug 2015, 6.23 pm | Source: Moneycontrol.com
We pay for all almost all services we avail of. It makes sense to pay for services as one can get the right advice which helps to achieve our financial goals.
27 Aug 2015, 3.09 pm | Source: Moneycontrol.com
Separation may be an emotionally draining experience. However, money matters need to be carefully looked at.
26 Aug 2015, 11.27 am | Source: Moneycontrol.com
Goal based planning helps us to keep an eye on the goal that you are aiming for. Your discipline improves when you invest for a purpose.
18 Aug 2015, 6.32 pm | Source: Moneycontrol.com
The Employees' Provident Fund Organisation (EPFO) is cautious after the apex court ruled earlier this month that "the production of an Aadhaar card will not be a condition for obtaining any benefits otherwise due to a citizen".
18 Aug 2015, 2.59 pm | Source: PTI
Rules of thumb are approximations and one should not over rely on these rules. It is better to take a bit more cumbersome but accurate route.
17 Aug 2015, 9.50 am | Source: Moneycontrol.com
Many individuals want to be financially free. However, their dream may not materialise if they make any of these five mistakes.
17 Aug 2015, 9.36 am | Source: Moneycontrol.com
Use the earn, save, spend formula. Start with saving at least 10% of your income every month. Go as high as you can with this saving amount. As you increase your savings, your time to reach your goal will reduce
12 Aug 2015, 6.26 pm | Source: Moneycontrol.com
With changing times, individuals have to ensure that they prepare themselves to pay for their needs and dreams.
12 Aug 2015, 12.21 pm | Source: Moneycontrol.com
Sudden cash inflows are difficult to digest for many individuals. Here are some tips to manage such situations in such a way that you benefit from it.
11 Aug 2015, 9.53 am | Source: Moneycontrol.com
A financial advisor not only offers advice, but also saves time and reduce stress while planning one's finances, among other benefits.
10 Aug 2015, 7.58 pm | Source: Moneycontrol.com
Right records show where you stand today. And they also help your loved ones when you are not around.
30 Jul 2015, 5.28 pm | Source: Moneycontrol.com
Keeping a track of inflation is a must as it can erode purchasing power of your savings in the long term. Use a portfolio targeted to generate a return in excess of inflation.
29 Jul 2015, 9.19 pm | Source: Moneycontrol.com
It is better to start early, keep each other in the loop when it comes to money matters of the family. Regular savings can help build large funds without getting pinched.
27 Jul 2015, 7.09 pm | Source: Moneycontrol.com
Financial Planning is concerned with quantitative planning, dealing with income, expenses, assets and liabilities of an individual. On the other hand, Financial Life Planning deals with both qualitative and quantitative aspects, a...
23 Jul 2015, 5.04 pm | Source: Moneycontrol.com
Friends do influence us and our money matters. We pick up habits from our friends and in that process end up making or breaking our money matters
20 Jul 2015, 10.53 am | Source: Moneycontrol.com
Women should take charge of their money matters. The focus should move on from savings to investments.
14 Jul 2015, 2.34 pm | Source: Moneycontrol.com
Corrective steps can be taken to put your money matters on track, only after you realize that you are financially stretched. Better to diagnose the problem right by reading the symptoms.
08 Jul 2015, 10.30 am | Source: Moneycontrol.com
If you have an emergency fund in place in addition to a saving plan a low debt income ratio, you are almost arrived there. Do not forget your CIBIL score
02 Jul 2015, 7.55 pm | Source: Moneycontrol.com
They both require patience, discipline and regular practice. Yoga and Financial Planning teach us to be frugal and not to indulge in unhealthy competition.
23 Jun 2015, 5.37 pm | Source: Moneycontrol.com
Check the qualifications of the advisor, the quality of service, the time spent, his confidence, his approach to the planning process and his level of frankness when dealing with your finances. Do reference checks.
22 Jun 2015, 8.15 pm | Source: Moneycontrol.com
Be it first job or marriage, these life events make individuals aware of their financial responsibilities. To address the need, one may have to approach a financial planner
16 Jun 2015, 4.40 pm | Source: Moneycontrol.com
Knowledge can help you understand the problem. You can plan your finances well and overcome unwanted financial stress.
11 Jun 2015, 10.24 am | Source: Moneycontrol.com