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 […]
Everyone wants to save money and everyone follow their own tips and tricks to do that. Here are some tips to save money to generate. But you should always remember that you have developed your spending habits over the years and so you can’t change them in just one day. But […]
Did you know what TVM is? Have you heard about TVM? TVM stands for Time value is money. This is one of the core concepts of finance and it means that the amount of money that you have with you today is worth more than an expected or promised identical amount […]
India has got the first place in being retirement ready in a global survey even ahead of countries like US, the UK and China. However, the survey also revealed that Indians also thought that they are not exclusively ready in terms of having the required financial corpus to meet their anticipated […]
We have seen a lot of tips on how to save for your retirement in the past few articles. It is not that people run away from saving for their retirement or they don’t save at all. It is just that retirement saving is not given the needed priority and people […]
Most people are professionally well settled when they reach their 40s. However, not all of the professionally successful people are good at handling their finances or investments. To be successful in life, it is not just enough if you excel in your career and earn more, you should be also good […]