Where there is a Will, it is easier for legal heirs to claim money lying with mutual funds that was left behind. But in the absence of a Will and Nominee, complications arise and paperwork mounts
Estate planning is often left for the last minute, kept secret even from beneficiaries, and not given priority. Such mistakes can be harmful.
Students pursuing studies abroad could be in for tough times as rupee depreciation vis-à-vis the US dollar is likely to push up their overall cost of education, especially living expenses
Planning a vacation at the last moment can make your holiday costly. A little bit of control on your budget and smart planning, like visiting an offbeat destination, can lower your travel costs significantly
Those who had taken a home loan as far back as 2015 or 2016 would have benefited from falling interest rates. But those who bought properties—and took loans to refinance them—when interest rates had bottomed out during the Covid-19 lockdowns will feel the pinch
Gold prices may not have stuck to the script of going up despite the Russia-Ukraine conflict. But gold is not to be used to generate returns. It is a hedge against inflation and uncertainty. And it’s best to invest in it, paperless.
Planning for a child’s education in an uncertain and complex environment is tough. Be flexible in your planning and keep topping up your SIPs with surpluses to stay ahead
Mothers in the Gen S, or Sandwich generation, have to play the dual responsibility of caring for elderly parents and simultaneously planning for their children’s future. Managing finances and goals of two generations, besides your own, needs more meticulous financial planning
In many ways, mothers lay the foundation for the way we manage our finances as adults. And those lessons are priceless
After the RBI’s sudden 40-basis-point repo rate hike on May 4, your home loan tenure might increase by three years. This time, switching banks and shopping for interest rates might not help.
There are multiple ways to buy gold this Akshaya Tritiya. Ask yourself if you wish to wear your jewellery or just want to buy it as an investment. If it’s the latter, paper gold would be an easier option