Financial plan should be the driving factor behind your investments and not the tax planning.
While there is one EMI payable to repay home loan, one must take into account the principal and the interest to enjoy tax benefits.
Here are eight tips that can make your holidays cheaper and memorable.
Here are 12 financial resolutions that can improve your finances in year 2017.
Here are a few pointers to make wise investments which will help you protect the financial future of your family.
Here are some ways you can deal with cash crunch better.
This year‘s different gift could be starting a tradition for your family. Instead of a ‘Made in China‘ toy or other bauble, or even buying a single stock, present each member of your household with a portfolio managed by experts – through a mutual fund.
Each individual investor has multiple financial advisors. This brings forth multiple challenges. How to overcome such a situation?
While dividend option on debt fund works for those looking for regular income, all other investors should invest in growth option.
You have to carefully weigh the merits and demerits of each tax saving option available
Gold is a good asset class in uncertain times. It works the best when the currencies lose value.
Adopting a checklist approach can help you avoid errors and save time and money while buying your dream home.
Many individuals do change jobs and they have to face the problem of combining salaries from two employers. Here is how to go about it.
Start up is no fun. It requires financial prudence, failing which not only the business but also the personal life can go down the drain.
One need not sacrifice his life‘s other financial goals to fund his retirement. He can enjoy his life and his golden years too.
Home is the biggest asset for most Indians. Buying home insurance ensures peace of mind in most cases.
Cash advance is a loan and a default can affect the credit score adversely
Financial tips for married with kids
One should know all income sources and if you are both earning, then it would be advisable for you to talk about your income levels and expense patterns to each other.
The first step to your financial plan is to prepare a budget based on both current and expected income and expenses. It is very important to understand and monitor one‘s cash flows, i.e. from where the cash comes in and where it gets expended.
Impulse purchase can be classified as an unplanned expenditure. Research states that feelings and emotions play a very important role in case of an impulse purchase, which gets triggered on seeing a promotional ad, offer etc.
Financial advisors are people who work and help their clients in achieving their financial goals by effectively channelizing their savings into investment and also give financial advice.
Investing in equity is one of the best way to have a good returns on one's investments over a period of time (i.e. long term).
It is important to decide on the corpus required on retirement to support monthly expenses. Such an amount cannot be based on vague assumptions.
Till recently FMPs were winning the battle due to their tax advantage, but with the new tax rules have created a more level playing field.