The month of April marks the beginning of the New Financial Year. What better time could there be to take charge of your finances and make the right decisions with respect to your savings, investments, insurance cover and tax saving ideas? If you have not started your financial planning, then now […]
Earlier we saw about some of the basic tips that would help to kick start the investment dream of any person. However simplified the basics maybe, most people still find it difficult to invest their money – may be because they are not completely aware of its benefits, they are not […]
In this article, we will see some of the pros and cons of saving and investing. Saving is putting away money in a safe place such as in bank savings account, post office savings, recurring deposit or fixed deposit. Investing is also a form of saving where money is invested as […]
This article will deal with the very basic formulae that would help anyone to kick off their investing goal easily. Most people find it difficult to start investing their money and they rather opt to save money in the more traditional forms such as bank fixed deposits and normal savings account. […]
We all know that it is very essential to build a good retirement corpus with the help of a good retirement plan. However, people either fail in making a good plan or they are not sure how to make a good investment for their retirement. This is the reason most people […]
What is a budget? It is an easy and smart tool that should be used to take care and control of your finances. Budgeting is also referred to as a “money diet.” A healthy and accurate diet is nothing but a balance of all the things that your body needs. The […]
When you are in the mid-20s, you have just begun earning and life is nothing but spending and feeling the fresh of money and freedom. When in 30s, life becomes more about doubling of joy at the same time with added responsibilities of making and taking care of your family like […]
In day to day life, we come across many financial jargons (or money jargons) when discussing with a colleague, through radio or TV commercials, in the newspaper or online. Do we know the meaning of at least the most commonly used terms? Some of us may get confused or feel dumb […]
Earning enough money to maintain the standard of living is the biggest task in everyone’s life. However, people seem to find it difficult to save or invest money even more than earning that money. Saving and investing money is equally important as earning it. People are also not aware of the […]
Most often people don’t seem to comprehend the difference between saving money and investing money. Both of these have different objectives and serve different purposes in anyone’s financial strategy. It is important to clearly know and understand the fundamental concept of saving and investing before you start building your wealth to […]