Jul 02, 2019 08:42 AM IST
Stress testing the financial plan can be a smart way to ensure that it delivers on its promises.
- Jul 01, 2019 08:52 AM IST
A combination of the anchoring effect and loss aversion would explain why investors keep buying shares of bankrupt companies.
- Jun 28, 2019 09:10 AM IST
Not saving enough, taking too much risk and buying high-cost investment products are common mistakes that can wreck your personal finance
- Jun 21, 2019 10:04 AM IST
Financial planning or advice isn’t just about getting rich. It’s rather about using the limited available resources to best achieve your real financial goals.
- Jun 18, 2019 06:20 PM IST
Kayezad Adajania talks about how to choose the right medical insurance for your dependent parent.
- Jun 18, 2019 04:33 PM IST
Once you’ve left the country, it becomes imperative to have someone taking care of your accounts and investments in both geographies.
- Jun 10, 2019 09:10 AM IST
Unbiased guidance that is purely in our best interest cannot be had in the ‘free’ advice model.
- May 31, 2019 01:47 PM IST
An advisor with a bias towards long term financial planning would be better as he/she would work with you on your financial goals.
- May 31, 2019 10:04 AM IST
Carefully estimate your regular, unexpected expenses, and medical costs while also factoring in inflation.
- May 31, 2019 09:01 AM IST
It is important not to confuse your current financial independence with financial freedom.
- May 29, 2019 12:49 PM IST
Dig into additional details to file returns for your income earned in FY 2018-19
- May 29, 2019 10:38 AM IST
Where an individual files a tax return after the due date, interest is levied at the rate of 1 percent, per month, for each month of delay following the due date of return filing on any remaining tax payable
- May 28, 2019 05:41 PM IST
Moneycontrol's personal finance editor Kayezad Adajania sheds light on financial aspects to remember while raising a child with special needs.
- May 28, 2019 10:28 AM IST
Beware of unusually high interest rates that some company FDs offer
- May 27, 2019 01:20 PM IST
Risk-based pricing in India is still at a nascent stage. With the strengthening of credit bureau presence, credit score-based underwriting and alternative methods of risk evaluation, we can expect risk-based pricing to pick up over time.
- May 27, 2019 10:11 AM IST
We all desire that super advisor or effective planner a la ‘Amit Shah’ to either transform our sagging portfolio into a positive and flourishing zone
- May 24, 2019 01:26 PM IST
It is important to keep family members in the loop about the financial situation.
- May 24, 2019 08:35 AM IST
Health insurance alone is not sufficient for old age. You need to have a separate healthcare contingency corpus too.
- May 21, 2019 10:36 AM IST
The longer your car loan tenure, the higher the interest outgo will be. This is the primary reason for a borrower to avoid opting for a long-loan tenure.
- May 21, 2019 09:51 AM IST
The benefit of nomination is that, in the event of the death of an account holder, the bank can release the account proceeds or contents to the nominee.
- May 17, 2019 08:26 AM IST
Unlike possibility, the ‘Probability’ is more data-driven and an intelligent way of assessing the chances of something happening. Probability can range from 0% to 100%.
- May 17, 2019 08:24 AM IST
Being a shopaholic might help you feel good but it impacts your monthly savings. Going for shopping with a list is an old-school idea, which still works in helping you avoid frivolous expenses.
- May 13, 2019 10:38 AM IST
We want every scrap of information we can get and yet, we make foolhardy decisions while investing.
- May 13, 2019 09:37 AM IST
To our salaried customers, we give home loan sanctions within four hours, said Ambuj Chandna, Senior Executive Vice President and Head – Consumer Assets of Kotak Mahindra Bank
- May 10, 2019 08:42 AM IST
Debt funds involve some risk (i.e. interest rate risk, credit risk, etc.) and hence, are capable of providing better returns than fixed deposits. But this is not guaranteed.