“I am thinking of starting an EMI with my first salary for an upcoming apartment. So that, 5 years hence, I will have my own house,” remarked Bhola to his neighbor Mr. Kent, who is a financial advisor. “But, you already have a home, Bhola. What will you do with the new one?” asked Kent.… Read More »
Plans without goals are like driving without a steering wheel – you can’t be accused of doing nothing but you have no way of knowing whether you’ll still be in one piece when you stop driving, let alone know whether you’ll reach your destination. So, quick! Here are 6 essential goals you need to lock… Read More »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »