When an individual or a family unit plans to save or spend monetary resources over time, considering various financial risks and future life events, that term is called personal finance. While planning personal finances, the individual normally considers the suitability to his or her needs of a range of banking products or investment in private equity or insurance products. Also, the person even considers participation and monitoring of and- or employer-sponsored retirement plans, social security benefits, and income tax management. Through personal finance education, a family or individual can make rational financial decisions throughout their life regarding the financial management skills. However, personal finance differ based on circumstances of people like income, wealth, and consumption needs. Apart from this, taxes and finance laws also differ from country to country, and market conditions vary geographically and over time. Experts comment that the key component of personal finance is financial planning, which is a dynamic process requiring regular monitoring and re-evaluation. The whole process is divided in 5 parts: assessment, goal setting, plan creation, execution, and monitoring and reassessment. Among others, experts believe personal financial planning areas include: financial position, adequate position, tax planning, investment and accumulation goals, retirement planning, estate planning, delayed gratification, cash management, revisiting written financial plan regularity, and education planning. They also opine that personal finance should be taught in schools. More
How investment goals evolve with age, and why aligning asset allocation with life stage ensures long-term financial success.
What’s actually changing, and how it affects when you can take your money out.
The idea that tenants will pay your home loan sounds comforting. For many landlords, the reality is far messier and far more expensive.
Visa credit cards offer a variety of lifestyle-driven rewards for shopping, travel, and entertainment. Applying online is quick and paperless, making Visa cards a smart choice for both everyday use and international travel.
As investors tire of crowded portfolios and average returns, concentrated equity funds are drawing attention for their clarity, conviction, and willingness to take sharper bets.
Sovereign Gold Bonds are issued by the Government of India and managed by the RBI, offering investors exposure to gold without holding physical metal.
In 2026, experts advise investors to prioritise asset allocation, diversification and risk control amid market uncertainty.
Why sharing them with your employer is less about compliance and more about avoiding nasty surprises.
Property feels like security when you’re building a life, but for the next generation it can just as easily turn into responsibility, friction, and a set of decisions they never chose.
The hidden costs that kick in after you get the keys, often adding up to far more than buyers expect over the years of ownership.
A holiday should give you stories and rest, not EMIs and credit card anxiety waiting when you get back.
Globally stock markets are down and the flight to the safety of gold is up as there is a risk-off sentiment in response to Trump’s Greenland policy, the threatened tariffs on eight European countries and Europe’s hardening anti-Trump stance.
Does superior risk-adjusted return mean arbitrage or a premium return?
Most investors abandon SIPs early because of market volatility, return comparisons, and cash-flow issues, missing exponential growth. SIPs thrive on time, not timing; quitting early locks in losses and forfeits future growth.
The buy-versus-rent debate looks very different once your biggest expenses are no longer just EMIs and groceries, but education costs and family care.
Personal loans can help meet urgent or planned financial needs, but choosing the right interest rate and charges is key to keeping repayments affordable.
One card rarely causes trouble. It’s when approvals, enquiries and due dates start piling up that things quietly get messy.
Buying a home outright may feel debt-free, but it may come with its consequences. With stable income and repayment capacity, a home loan can be a smarter and more balanced financial choice.
They sound made for the job, but that doesn’t mean they suit everyone
Missing one EMI can usually be fixed. Missing two in a row changes the tone of the relationship with your lender and triggers a clear escalation path.
Banks are now letting borrowers pay through UPI using pre-approved credit, offering a simpler alternative to cards for everyday spending.
For entrepreneurs and professionals, a loan against property can unlock lower-cost funding for expansion without squeezing monthly cash flow.
Training, travel and uncertainty make sport a high-cost, high-risk path. Families need a financial plan that looks very different from a traditional education fund.
Prepaying a home loan can dramatically cut interest costs, but timing matters as much as the amount you pay.
Scam apps pretending to be DigiLocker are showing up again on Google Play. People think they’re downloading a government app. Instead, they’re handing over access to their phones — and sometimes their savings.