Category Archives: Saving for children

6 Essential Financial Planning Goals That Can’t Run Out Of Gas

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 »

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 »

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 »

5 reasons why you drain your finances when you hit 60s

“One should never get old!!” said Mr. Khanna in a disappointed voice. The four colleagues, Mr. Khanna, Mr. Desai, Mr. Mehta and Mr. Ghosh were sitting in their office canteen having evening tea. All were about to retire in the next 3 months. Mr. Khanna continued: “I was just speaking to our accounts department and… Read More »

A Yojana today keeps your apple’s blues away!

So you buy your daughter toys, take her out for her favourite dessert, give her a good education and treat her to the best things in life that you can afford because she is the apple of your eye. But, apples need protection! Have you ever thought about how you will secure her future? Your… Read More »

How to put the ‘i’ back into retirement planning

Oh, that blissful yet nerve-wracking word – Retirement! A picture of serene, idle days with as much time on your hands as you have always dreamt of; but also that scary thought of having as little regular income as we do not even wish to imagine! Are you constantly baffled figuring out whether retirement is… Read More »