Happy International Women’s Day! In today’s video, we celebrate women’s progress in achieving financial independence and discuss how women can leverage their credit scores to unlock the doors to homeownership. From understanding the importance of a strong credit score to practical tips on building credit—whether you're a homemaker or a working professional—we share simple steps to help you start your financial journey and secure the best home loan terms. Join us as we highlight the growing number of women borrowers and explore how you can use financial tools to create lasting financial freedom.
The key to achieving this is to focus on your long-term goals and create a balanced portfolio that can withstand market volatility.
On this Children's Day, let's talk about why teaching financial literacy to kids is essential! Payal Tiwari Sharma of Moneycontrol explains how to impart money management skills early on to set them up for a financially secure future. Don't miss these valuable tips for raising financially smart children!
Unlike traditional employees, freelancers often have irregular incomes, lack employer-sponsored benefits, and need to be proactive about their financial security.
Becoming financially independent as a single woman is empowering, giving you the freedom to make decisions and secure your future. While the journey may seem overwhelming, you can start with simple steps like budgeting, building an emergency fund, paying off debt, and investing for the future.
To plan an early retirement taking the help of a trusted adviser is very important. The advisor will guide you in arriving at the corpus you will need, your investment strategy, lifestyle changes, and more
[Partnered] Watch the story about why investing should be a habit, and how financial independence is all about discipline right here
Just setting aside money every month from your salary is not enough if much of it goes into bank deposits. Your investments need to beat inflation
Women are now saving and spending, insuring and investing. It is no longer fashionable to shrug off financial knowhow, and leave it coyly to the boys.
Taking control of these essentials can help you ride out a crisis like the coronavirus pandemic as well as help you meet life goals while setting you on a path to financial freedom
In the run-up to Independence Day, Moneycontrol’s Kayezad E. Adajania caught up with Nithin Kamath, founder and chief executive officer of Zerodha, India’s largest brokerage house. Kamath started trading in equity shares from a young age of 17. But inexperience, stock mark volatility and debt didn’t deter him from toiling hard to eventually become debt-free. In 2010, he and his brother Nikhil founded Zerodha, which today has become India’s largest stock brokerage house in India. In this video, Kamath talks about: - How he achieved his financial freedom - Why excessive and unnecessary debt can financially ruin you - Why it is more important to make money work for you, than just earning money - Why it is important to acquire skills to be truly financially independent
The market is reasonably awash with liquidity and retail participation has been at the highest levels. That historically has led to good IPO markets, he said.
Ahead of Independence Day, Moneycontrol’s Jash Kriplani caught up with Rajeev Thakkar of PPFAS Mutual Fund to find out how he achieved his financial freedom, the lessons he learnt and learnings that can be drawn from his journey.
Investors should review their overall portfolio allocation and then depending on their holding period and individual risk appetite, take a call whether to book profits or increase equity exposure.
Discipline, coupled with regular evaluation and review, can help you reach your destination of financial indipendence
At your current salary you may not buy it outright, but if you invest a fraction every month, you'll have your iPhone in a year.
Financial independence can be defined as building enough wealth (note that its wealth and not money – both are different) such that your expenses for the rest of your life are taken care of.
Financial independence comes through long term financial planning, and I always keep saying that there is a difference between just saving for the rainy day.
It is better safe than sorry i.e. better to sit in cash in the worst case, rather than worry about the opportunity cost of not remaining invested in such a dubious asset.
Not taking risks at all may be alright to protect your savings, but it may not be enough for your savings to grow.
It is advisable to keep at least 3 to 6 months of your expenses as an emergency fund and putting those funds in highly liquid instruments such as liquid funds or fixed deposits.
Set aside two-and-a-half years’ expenses before you make the move
We are celebrating women all this month and in today’s episode of Invest - O - Cast we are going to be talking about planning for financial independence for women; from different backgrounds and walks of life.
Being financial independent (or financially free) means different things to different people. But the idea is not just about having ‘enough money’.
As we are all gearing up to celebrate our country‘s independence how about achieving our financial independence too.