Category Archives: Goals

5 Financial Planning Myths Busted

Sunny Leone was once a practicing nun. There! We just did what gets done all the time – create a myth. The financial planning world is full of such myths (not about Sunny Leone, but hey, we like the way you think!) Here are five such myths. We can’t tell you who created them. So… Read More »

Why People Fail In Financial Planning Despite Having Goals

Here is the quaint tale of Singham, who thought he had done his bit for his personal financial planning when he identified his investment goals. Only, he made his investment choices rather randomly. And, here’s how he ended up. And, here’s what he’d have ended up with if he had matched his investment choices with… Read More »

7 Ways To Become Hannah Montana While Funding Your Secret Travel

Snigdha, a fresh graduate placed in a small company, loved to travel. She planned to visit a new place every year. Well, noble intentions. Only thing was, there was a bitch called reality that hit her like a 22-ton rig on a Colorado outback. She realised that using her current savings to fund her travel… Read More »

9 Fees You Could Save On Travel

Most people postpone their travel plans because they think they’re too busy, or it’s too expensive. If you have postponed it for the second reason, saving money while travelling is simple. In fact, traveling on a budget is fun, and with a little planning, you can keep aside all those unwanted charges many people end… Read More »

Sukanya Samridhhi versus MFs: A No-holds-barred Face-off

Suhasini, a mother of a 5-year-old girl, is in a dilemma. Ever since the government has announced the launch of a scheme for girl child—Sukanya Samriddhi, her relatives are after her life to get an account opened. The buzz around the scheme has already created a lot of excitement, and Suhasini is being virtually ‘poked’… Read More »

Proven Ways To Spice Up Your “Safe Savings”

No matter how savvy an investor you are, a little certainty of returns from the investment portfolio adds to your comfort. If equities give wings to your portfolio, fixed income instruments offer stability and certainty. Therefore, it is important to have a right mix of debt and fixed income investment options in your portfolio. Prateek… Read More »

Who Else Wants To Know How Child Plans Work

The birth of a child brings immeasurable joy to parents. However, after the initial euphoria subsides, the future expenses start staring at you in the face. Add to this the innumerable ads on TV and print media, and you’re left with only one choice: buy a child plan. That’s the beginning of your second problem… Read More »

Tax Implications on your Groovy Second Home

Humankind has spread its wings and made the moon its second home. While there are no tax implications of that (not yet at least!) there certainly are tax implications on your second home here on earth. We unlock the tax dreadlock for you. Tax implications for multiple properties Before getting into the details of tax… Read More »

The Tales Of Four Smart Money Movers

Ever felt like Robert Kiyosaki or Warren Buffett, who seem to turn everything they touch into a gold mine? Well, you don’t need to go that far for examples of smart investors. Here are 4 such stories of smart guys closer home. The plainly yellow farmers Did you know that farmers can take gold loan… Read More »

Making the best use of your passive income

Everyone likes a little extra in life. Be it a free topping on your favorite pizza or some extra stash of cash apart from your regular earnings. In today’s inflation-oriented world, where prices of just about everything is sky rocketing, the more one can earn the better it is. It is no surprise that families… Read More »