BUSINESS
In financial planning, it’s liquidity before investment
Liquidity planning must start with a clearly earmarked emergency fund to cover at least six to eight months of living expenses, including EMIs, bills, school fees, etc.
BUSINESS
Smart financial planning can help doctors manage debt & irregular income in the early years
National Doctor’s Day: Doctors face unique financial challenges due to irregular income and high debt from education and practice loans. Managing debt wisely is crucial for long-term financial freedom and wealth creation.
BUSINESS
Why financial planning is essential for doctors & their families
Doctors often start earing well a few years into the profession, at which point loans they took for their education and to set up a clinic eat up a chunk of their income.
BUSINESS
Tax planning techniques to minimise outgo and optimise financial outcomes
The new income tax regime will make a lot more sense from financial year 2025-26.
BUSINESS
Year-ender 2024: How to assess your life and money goals, be financially ready for 2025 and beyond
In 2025, you must moderate your equity return expectations, save more and keep a check on borrowings, especially for consumer spending with high-cost debt, in light of the elevated level of interest rates in India.
BUSINESS
Festive financial planning – How to incorporate gold into your portfolio
How to Use Gold in Your Portfolio: In India, there is a sentiment attached to gold that it never loses value and can be passed on to coming generations. Here's how to go about festival gold buying.
BUSINESS
All you need to know how to ensure tax-efficient inheritance
Most people equate estate planning with writing and registering a will, but that is just one part. For larger estates, you must create family trust structures, assign Power of Attorney to the right member, and also engage in succession planning.
BUSINESS
Financial Freedom: 7 easy steps to build a secure future
This Independence Day, we urge everyone to take concrete steps towards achieving financial freedom systematically by setting life goals, analysing cash flows, investing wisely and more.
BUSINESS
Gift deed or will: How should you leave your assets behind?
Unlike a Will, the Gift Deed is effective immediately on execution. In contrast the Will comes into force only on death of the testator. Both methods exist to help you pass on your assets; you need to choose your method wisely.
BUSINESS
Retirement planning: The 555 formula could help you retire rich
This plan means you start early, put a decent sum of money aside each month and stockpile a tidy corpus when you are closer to your retirement.
BUSINESS
Behind the curtain: Know how your financial advisor makes money
Many advisors use a combination of compensation methods. They might earn commissions on some products while charging fees for others. This hybrid approach aims to strike a balance between traditional sales-based models and fee-based models, offering a range of services to clients.
BUSINESS
SIP or lumpsum investment: Which is better?
To navigate the unpredictable nature of the stock market, investors need to focus on strategies that reduce downside risk and capture the benefits of market volatility.
BUSINESS
ARC: A simple formula to build wealth
Maximising savings is only one part of wealth creation. It’s important to also persist with regular savings. Here are three easy steps to wealth creation.
BUSINESS
This is how you stay financially fit at each stage of your life
Financial fitness is a long-term journey that involves six pillars: goal planning, budgeting and taxation, loan management, risk (insurance planning), investments, and estate planning.
