Wealth management is a long term process that grows with time
The pension you get from the employer at retirement is taxed under the head salaries while filing Income Tax Returns.
In order to ensure that these bank charges are 100% genuine and unavoidable, the customer is required to be well versed with the terms and conditions of the products and services availed.
Financial independence comes automatically when you live a life free from risks
Financial independence comes with the confidence to earn and managing one’s own hard-earned money.
If you are receiving funds in dollar terms, you are getting more bang for your rupee
At times, in lieu for a hefty commission from specific product, your advisor may recommend you investment product which may not be suitable for you
To know more on the interest rate hikes, watch the accompanying video.
Money has a deep meaning but that meaning is distinct for every one of us.
This could make many focus on quality stocks than growing broad-based. Systematic equity plan can help you buy such stocks at fixed interval
This is the most important financial aspect but is mostly ignored
Get your acts together and file your income tax returns as early as you can.
While simpler instruments are great to begin early with, it is important to evolve your portfolio as you go along.
Many of these jobs are assignment based and contractual in nature. Be a wise user of money.
Here are a few important reads that will help you invest better
Either your equity component or debt component may go beyond the defined level. That will call for rebalancing.
With some careful planning, you can wind up your trip within your budget, and experience it more as a traveller, and less as a tourist.
When you are in financial need, your relatives or friends may not lend to you even if the reason is genuine.
The deadline for filing your income tax returns for FY18 is July 31, and it is better if you do not put it off for the last minute if you want to avoid making mistakes
Any accidental or inadvertent errors made while drafting the will may go unnoticed as no lawyer reviews the draft on preparation
You should use the hike amount to start a systematic investment (SIP) in mutual funds.
Avoiding mistakes is akin to more than half the work done while managing your money.
Making small amount investments at an early stage will lead to substantial amount of wealth in the long run
Personal loan, home loan, or car loan and credit card debts must be kept to a minimum by middle age group
One of the main things to do is to set aside a corpus to take care of household and other expenses for the next year or more.