It is important for investors to know how to evaluate and choose amongst them just as carefully as they would do with a human adviser
You shouldn’t be basing your savings decision on the notion that your sons and daughters will take care of you in your non-earning decades
Any mismatch with the need, goal or timeline of your investment is a primary lacunae to building a portfolio
As a retiree, use the money to bring you happiness and add meaning to your life, while taking care that it is safely working for you as well.
Long Term SIP works for your financial goals only if you invest the right SIP amount for the goal.
Their decisions can have a significant impact on their financial well-being.
Minimalism is about simplifying your financial life and making you more aware of how your money in spent
A personal finance audit will help you stay on track and make adjustments to keep your finances in order
You need to align your investments with your goals, as otherwise the intended financial target may not be achieved
Goal-based investment makes portfolio allocation simpler
As a thumb rule, it is advised to keep at least three to six months’ worth of basic living (and non-negotiable) expenses as emergency fund.
By being prepared adequately and by skilling yourself appropriately, you will give yourself a much better chance at succeeding in your endeavours.
While buying a house continues to remain the top priority, there is a shift towards aspiring for early retirement
Managing debt, keeping personal and business finances separate, and curbing reckless spending are critical
Before retirement, it is about accumulating a sufficient corpus; subsequently, it is about generating a regular income stream
Time zones and borders blur themselves for these generation of always-on-the-move investors
Here are a few simple ways to add a lot of value to the financial condition of these indispensable women
To take a sabbatical, you need to assess the duration of the break, potential expenses, source of funds and take adequate insurance covers for yourself and your family.
Disclosures of conflicts of interest and other matters, declarations and disclaimers cannot be used to absolve advisers of responsibilities.
The earlier you start, the lower the amount you will need to save each month
Those who invest randomly are generally not so sure whether they are on track to meet their goals
Your lifestyle and other monthly expenses should be limited to the income you get home from your business every month
Here are eight important financial parameters to monitor before making your investments
Only such advisers can answer your questions well and recommend the next course of action
By focusing sharply on their income, expenses, assets and liabilities, NRIs can be their own finance ministers