If you start saving and investing early in life, magic of compounding ensures that you will accumulate wealth.
Sticking to asset allocation principles can help you pick the right asset class and avoid the over-valued asset class.
Contrary to general perception, debt investments are exposed to risks. Never ignore these risks. Also keep a track of post tax returns.
Refinance high cost loans with low cost loans. Consider selling some of your old investments and repay your debt.
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.
Mutual fund sip can help you to build corpus by investing regularly and thereby achieve your dream of financial freedom.
Many individuals want to be financially free. However, their dream may not materialise if they make any of these five mistakes.
Focus on your money matters can help you prepare better for the dream of financial freedom.
It is not how much you earn that counts, but it is how much you save that decides if you achieve your financial freedom.
A little bit of work on the tax angle of all your financial transactions â€“ especially investments, can pay rich dividends, which in turn ensures financial freedom for you.
mutual funds provide an efficient medium to investors to practice asset allocation without having to worry about rebalancing the portfolio
Never ever delay payment of your credit card bill, always pay your credit card bill in full before the due date
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
Achieving financial freedom is all about putting in place a financial plan and implementing it in a disciplined manner.
Getting married is an important milestone. One must start planning his finances if he has not done yet. Also sharing the information about money matters with spouse is essential
They need to ask the right questions while forms are put before them to sign. Simple questions probing about features & benefits of investment products and how they address their needs.
Impulse purchase can be classified as an unplanned expenditure. Research states that feelings and emotions play a very important role in case of an impulse purchase, which gets triggered on seeing a promotional ad, offer etc.
To some people financial freedom may refer to a lack of worry - you have enough funds to meet your family's needs, and some surplus.