While the mutual funds help you to build wealth, you should also ensure that you buy life insurance to protect your family.
Starting your investment journey early helps in instilling financial discipline.
Most parents might touch on the concept of piggy banks and savings early on, but are usually reluctant to discuss the topic of money and family finances with their children.
Participation of women in the area of finances would be greatly helpful.
Demonetisation has ushered in faster adoption of technology to facilitate quicker execution of digital transactions.
You should diversify your savings and consider investing your money in various instruments available.
If one can show the Indian consumers why modern financial products are more beneficial to them, then half the battle is won.
Watch the interview of Kalpesh Ashar, Financial Planning Expert with Surabhi Upadhyay on CNBC-TV18, in which he shared his views on financial planning for women.
If you develop a skill or product that solves a problem, you will be rewarded. Look around you, the maximum amount of wealth is created by people who solve problems.
Managing one’s cash flow is the backbone of well-planned finances.
To increase your savings it is necessary to have a disciplined approach to your personal finance.
A diversified portfolio should have a blend of equity, commodity fixed income, real estate and other alternative investment tools
Most specialized technologies should provide anytime, anywhere access to individual/entity/family level summary of net worth, with a granular view of asset classes and comparative over time.
To keep your PPF account active, you need to deposit a minimum amount of Rs 500 a year.
Watch the interview of Nilesh Gupta, Managing Partner of Vijay Sales, Ajit Joshi, President & COO of Urban Ladder, Govind Shrikhande, MD of Shoppers Stop, Sanchit Vir Gogia, Founder of Greyhound Research and Kartik Jhaveri of Transcend Consulting with CNBC-TV18's Surabhi Upadhyay where they advised on how one should spend wisely this festive season.
A focussed approach to saving can help you build a corpus over a period of time.
Today’s generation should develop a habit of doing digital transactions so that they can easily maintain the record of their expenses on monthly basis.
Pay yourself to start with, after all you have earned that money.
‘Free cash’ is always welcome. If such free cash can be tapped, then one can boost his savings really fast.
Women should plan their finances well enough so that they may not remain dependent on others for accomplishing their financial needs.
Life insurance has a range of products that could come in handy for meeting your financial goals such as child’s education and retirement.
'As a financial advisor, I tend to correlate everything I read to us, our lives and how we can ensure that we invest better to make our lives richer'.
The week has brought good news for homebuyers, especially those stuck with homes in the Jaypee and Amrapali developments.
Generally the two important distribution stages, where the money usage is divided into different years and calls for a specific and different strategy are the child education and retirement.
Many times individuals go overboard with their festive spending and end up in a debt trap.