New Year brings with it new beginnings for all walks of life including financial management. Everyone wants to have a good and perfectly organized financial life but seldom do people achieve the goal. One of the biggest reasons that people fail to attain their financial freedom is due to the dreaded debt tarp. Debt can… Read More »
With the New Year closing in, it is time to unwind and enjoy the end of the year with a peaceful mind. One of the best ways to attain perfect peace of mind is to keep all financial records well settled and up to date for the year gone by. A lot of people commit… Read More »
The latest announcement by the Reserve Bank of India to keep its key policy rates unchanged has triggered a positive sentiment in the home loan market. With the RBI keeping the repo rate unchanged at 7.75 per cent, reverse repo rate at 6.75 per cent and the cash reserve ratio at 4 per cent, major… Read More »
Everyone dreams of having a perfect retired life living in peace and bliss. Having a perfect retired life is possible with proper planning an a little focus on life post retirement a couple of years before one retires. So if you are retiring in the coming year, it is imperative that you start planning for… Read More »
As the year draws to a close, looking back at the overall financial report of the year gone plays an important role in effective financial management. The end of the year gives us a perfect time and opportunity to check the financial books to asses tax strategies for the current financial year. Exploring tax saving… Read More »
The volatility in interest rates in India has affected borrowers of all types of loans. However, home loan borrowers are the most affected, as home loans are by far the biggest loans quantum-wise. Discrepancy in interest rates between existing borrowers and new borrowers, porting of home loan, stringent rules by lenders and clauses on fixed… Read More »
Home loans can be very beneficial for property buyers, as they not only help you buy your dream home, but also help you save on taxes. But you must remember to choose the right home loan if you do not want to face the hassles in the process. Here are a few quick tips that… Read More »
All of us take vacations at different frequencies to help us have a change from the usual routine and also to rejuvenate ourselves. While going on vacations is fun and desirable, it is very important that the vacation goes on without any hassles. Let’s look at a few tips which will help you to be… Read More »
Managing your finances efficiently is extremely critical in financial planning. This is true for both individuals as well as businesses. Imagine the case of an individual, when his salary increases at a nominal rate every year, whereas expenses increase at a faster pace due to high inflation. It is very easy to face a financial… Read More »
Purchasing a home and moving into it is a dream come true for many individuals. Almost all home purchases today are funded by a home loan. This means payment of hefty amount as down payment as well as monthly outflow in the form of Equated Monthly Installments (EMI). Even if you can actually manage… Read More »