Nov 28, 2022 01:42 PM IST

How to buy a Merc with your mutual fund SIP

Luxury purchases, like say a Mercedes-Benz car, could be within reach if you diligently pursue a mutual fund systematic investment plan. If you get a head start, it's better.

When a fall in tech company shares affects your ESOPs

The crash in share prices of technology companies on the US markets reminds us of a painful lesson: Don’t let employee stock option plans become too big in your investment portfolio

Bucket strategies to plan income from retirement corpus

While household expenses can easily be calculated on monthly basis, other expenses will normally be on yearly basis, which would then need to be divided by 12 to arrive at the monthly requirement.

Getting hitched? Here are 4 tips to keep your wedding within budget

The perfect wedding is a dream for brides and grooms. But vendors can be party poopers with their huge bills, so choose them well

Books that make you moneywise. Moneycontrol recommendations

Money can make you happy but it can also cause a lot of misery if you do not know how to manage your moolah well which is where this list comes handy

Your child’s age is crucial when you start investing for future goals

Saving and investing for different life-stages of your child can be a challenging task. However, following some simple, but key steps, can help you.

Three investment options to secure your child’s future

The mix of investments largely depends on your time horizon for the same, the size of your target amount, and your risk profile

Why India’s National Pension System must have SWP as its third option

This column makes a case for considering adding the systematic withdrawal plan (SWP) option to the exit (pay-out) stage of India’s National Pension System (NPS) established in 2004. It does not advocate mandatory SWP.

What's the rupee trouble for students abroad?

A loan or liquidating your assets? What to do when you need cash?

While being loan-free, no doubt is the best thing, people have different requirements and different circumstances. It’s always better to do an objective cost-benefit analysis before you decide which path to take.

Jaisalmer fort or a Goa beach, here are 5 money hacks for a destination wedding

Popular wedding destinations are very expensive. So, choose an offbeat destination, invite only family and close friends, and stick to your budget. Read on

Here are two good investments for those over 60 and seeking regular income

The Senior Citizen Savings Scheme and PM Vaya Vandana Yojana are two investment schemes that guarantee regular income to senior citizens. However, the two come with upper limits. That is why you cannot ignore equities at the same time.

Money myths that can burn a hole in your pocket, and how to spot them

There are several myths such as mutual funds with lower NAVs are cheaper, fixed-income investments are better than equity to plan for retirement and more.

Ready-to-move or under-construction apartment: Which is better?

An under-construction property is cheaper, but could be delayed if the builder hasn’t got the approvals or if conditions turn bad. A flat that’s ready for possession is costlier because there is more surety of availability.

Six changes in the financial landscape this November

From an unscheduled RBI meet that may lead to an increase in home loan interest rates, to higher fees on card transactions, a lot is happening in November. Here is what you need to watch out for.

How to make a solid leave and licence rental agreement

A leave and licence rental agreement is a contract between a landlord and a tenant. The agreement specifies the terms and conditions based on which the property is let out.

Can the salaried ever achieve financial freedom? Here are 3 easy steps to do so

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

This Diwali, here are five hacks to plug that hole in your wallet

Make smart choices about how you spend your money to avoid a lousy aftertaste, once the festivities are over. Steps like making a festive budget, avoiding illusive offers, and not overusing credit cards will help.

What should you do if your jeweller offers you digital gold, instead of jewellery?

Apart from gold accumulation plans, jewellers offer self-funded digital gold options that may not be backed by refiners

From school fees to study abroad: A fool-proof plan for your child's education

Higher education expenses can be very high. Fees account for only 40 percent of the expenses. Define your short-term and long-term goals, and start saving & investing as early as possible.

Six money rules for your wallet this October

From tokenisation of cards to nominations while investing in National Pension System and mutual funds to charges introduced for paying rent using credit cards, a lot is happening in October. Here is what you need to watch out for.

Why is D. Muthukrishnan is overweight on equities despite volatility? This financial planner has a plan

D Muthukrishnan, one of Chennai’s leading certified financial planners, believes that if you have time on your side, then any time is a good time to start investing. Just stay the course and ignore the noise, he says.

Retired? These are the best financial investments to earn a regular income

Low (or no) income, combined with consistent expenses, particularly on healthcare, can lead to a lot of stress after retirement. Retired folks therefore need a regular income as well as investments that will grow over 20 years at least.

Buying gold from Dubai to avoid import duty? Think again

On the face of it, gold sourced from Dubai appears cheaper, but customs duty and making charges will eat into your savings, as will the currency conversion fee. In addition, you will need to comply with various rules if you want to bring the yellow metal into India.

Beware of bad advice: Educate yourself

Blindly following anybody's advice can be fiscally fatal because what works for somebody else may not necessarily work for you.