Jun 17, 2021 10:38 AM IST
This is important because your loved ones get access to your data and so important information will not be lost.
- Jun 17, 2021 09:27 AM IST
Human nature is such that you will justify the over-indulgence with the fact that you have lived frugally for the last two months
- Jun 14, 2021 09:10 AM IST
Always start with the loan charging the highest interest rate. Have an emergency fund that includes your EMI dues, too.
- Jun 10, 2021 10:03 AM IST
An unexpected demise by a partner who has been paying EMIs can put the finances of the surviving spouse in jeopardy if the loan is not insured. Irrespective of the interest of the spouse, inform him or her of your insurance policies. Have a specified place where you keep your important documents
- Jun 10, 2021 09:43 AM IST
Conventional debt and equity investments should continue to dominate your portfolio. Take the help of an expert to ensure that your portfolio is aligned to your circumstances
- Jun 09, 2021 10:51 AM IST
You should keep reviewing your Will periodically. It must factor situations such as birth, death, marriage of a family member, purchase of new assets and legislative changes
- Jun 04, 2021 08:29 PM IST
A PoA can end up in a messy litigation between the principal and attorney holder. Choosing the right person to represent and deal with your hard-earned money is a critical
- Jun 02, 2021 10:38 AM IST
Focus on tax efficient investments, than income-tax deductions. An emergency fund, adequate insurance and a suitable asset allocation are critical. International stocks and cryptocurrencies come much later in the focus list.
- May 27, 2021 11:03 AM IST
In the absence of a Will, intestacy laws will ascertain how your assets are passed on, which may go against the interests of your loved ones
- May 26, 2021 10:54 AM IST
High net worth investors are slowly shifting from equity and debt to alternative asset classes
- May 21, 2021 08:56 AM IST
Eagerness to participate in the growth story of India through direct equity investment has caught the fancy of retail investors, says Arun Kumar Singh
- May 18, 2021 10:07 AM IST
Spouses must plan for paying alimony. Those who receive a sudden gush of cash settlement must wait and invest the amount carefully.
- May 17, 2021 09:50 AM IST
Here are a few steps that can help safeguard your financial health in these challenging times
- May 12, 2021 10:02 AM IST
Here are the top personal finance lessons that we must inculcate during these troubled times
- May 12, 2021 09:46 AM IST
Millennials have witnessed their parents losing jobs or taking pay cuts. They have consequently woken up to the fact that traditional methods of financial planning may not provide an adequate buffer
- May 11, 2021 10:00 AM IST
Marriages can break-up despite years of togetherness, like Bill and Melinda Gates'. Maintaining separate bank accounts and investments, with proper nomination help in untangling assets.
- May 09, 2021 02:59 PM IST
After allocating for regular expenditures, investments and emergency funds, it is significant that a single mother also saves for her retirement and future financial goals.
- May 07, 2021 10:56 AM IST
Many of us may be financially independent now, but most of us owe our first financial lessons to our mothers
- May 06, 2021 11:21 AM IST
You should retain the access to the deceased person's phone and email with due permission and after informing the respective service provider
- May 06, 2021 10:38 AM IST
If you do not have an estate plan in place, the distribution of your assets would done according to the government’s intestate succession laws
- May 04, 2021 10:46 AM IST
Checking bank account entries, mutual fund and insurance statements of the deceased can give an idea of their assets and liabilities
- May 03, 2021 11:59 AM IST
Having an emergency fund, taking adequate health insurance and maintaining a suitable asset allocation plan are important
- Apr 27, 2021 11:47 AM IST
A learnings from a crisis must not go waste. The pandemic can be a good time to shore up your money matters
- Apr 24, 2021 10:21 AM IST
Most mutual funds allow investors to pause their SIPs. This money can be used to help the needy in these times.
- Apr 19, 2021 09:50 AM IST
A salaried borrower can seek initiation of insolvency and bankruptcy proceedings on outstanding debts in the event of her inability to repay loans