A policy is only useful if the cover matches your family’s needs — here’s how to know if yours does.
Personal loans have become the go-to financial tool for anyone looking to pay for everything from a short list of bills to a long list without pledging collateral. With minimal paperwork and instant approval, they are the most convenient option in case of emergencies as well as in planned life occurrences. Whether for unplanned hospitalization or funding a dream wedding or honeymoon, personal loans are the flexible option that traditional loans are not.
Want to make your money work for you? It all begins with setting clear, actionable financial goals. In this episode of Invesco Mutual Fund we walk you through how to identify, categorize, and achieve your short, medium, and long-term financial goals using the power of mutual fund investing. Subscribe for more easy-to-understand investment explainers.
Tracking your net worth is not only for high-net-worth individuals. Whether you're just starting to manage your finances or you're working toward bigger financial goals, regularly monitoring your net worth can help you set realistic financial goals, improve spending habits, and measure progress over time.
A wedding in the family is an exciting time, but the financial burden it often comes with can take you a long time to recover. To ensure you’re financially prepared, careful planning, saving, and open communication are key. From starting early, to setting a realistic budget for the wedding, you can get ready for your child’s wedding while keeping your finances in check. Having an honest conversation with your child’s would-be in-laws about division of costs will avoid at last-minute misunderstandings. Also plan for any post-wedding costs like honeymoon or setting up a home for the newly-married couple, while also planning a modest wedding that fits your financial means.
Prepare a budget and stick to it, plan for big expenses, negotiate with your employer for a relocation allowance and company accommodation in the initial months, and re-evaluate your financial goals as well
Child education remains the most prioritised goal for most Indians, with 34 percent of the surveyed by Axis My India saving their money for it.
Since financial markets are volatile, you have to assess if you are on track towards your financial goals. A few small tweaks can help you stay on track, when things appear off track.
A daily round-up of the most interesting articles to help jump-start the day.
Your financial goals could be immediate, medium-term or long-term. A single portfolio for all your goals might end up compromising some of them, especially if you have to make a large withdrawal.
The difference between buying an insurance policy and a car is the difference between a need and a want. Consumers must learn the difference between needs, wants and aspirations and learn to prioritise them.
Despite having a high income, many savers aren’t able to save enough for all their financial goals. Something’s got to give, in such cases.
Disclosing all the assets and liabilities prior to the wedding keeps the surprises away
If you wish to reach your financial goals on time, you need to monitor both aspects of your finances
Helping your children in times of need would not be out of place. But such occurrences should be rare
Focus on asset allocation and constantly re-balance the equity exposure in your portfolio
Here are five strategies to start with your financial planning in financial year 2018-19.
Managing Money with Moneycontrol today brings to you on how you should plan for your child’s financial goals.
As we are all gearing up to celebrate our country‘s independence how about achieving our financial independence too.
The better your budgeting is, the healthier your finances will remain through your life.
While you may have read travelogues, and decided all that you are going to do on your dream holiday, you need to plan every detail wisely.
Inability to separate wants from needs can land you in a debt trap
Mutual funds with its varied offering can help investors achieve their varied goals.
One of the cornerstones of a good financial plan is not to get overexposed to a particular asset class, be it equity, debt or gold