Marriage changes an individual’s life in many ways, bringing a lot of joy, additional responsibilities and worries in small measures as we try to adjust to the new person in our lives. After marriage, both of you might be working or either one of you. This will determine your income source and as for expenses,… Read More »
What is Layoff? Layoff and downsizing can be used interchangeably. It refers to the termination of an employee due to business reasons such as cutting costs and increasing profits, optimum utilization of resources etc. Layoffs are very common especially during economic turbulence or a recession. When a business slowdown occurs and the company goes through… Read More »
Exercising discipline is extremely important in every aspect of life. This cannot be more stressed in the case of managing your money. The manner in which you manage your expenses is the key to reduce liabilities and save more. According to a famous trading and investing legend- One must not spend time looking for the… Read More »
When we talk about credit card usage we find different people managing it in a different way. Some people are highly disciplined and never default on their monthly installments and others are so messy that they are always on the top of the defaulter list. Managing finance is a complex task and it’s very… Read More »
Investing for your retirement may not be the most important thing on your mind when you start your career. For most people, investing may not even be on the priority list when they start their career. When you start your career, your saving capacity may not be much in absolute terms, as your salary itself… Read More »
When the insurance advisor approaches to sell a policy or plan, his persuasive tone might drown your doubts that are critical to wise investment. Only features that provide a feel good factor are disclosed to the customer and the aspects that may discourage the customer are conveniently hidden by the agent. A careful inspection… 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 »
Personal Finance is more or less like the game of Candy Crush. Those who have been too much engrossed in their Facebook profiles or have been anywhere near their Android or iOS machines, probably have been playing or have seen someone playing this crazily addictive game. Now, most people would be wondering the connection between… Read More »
Nowadays, earning more is not the only aspect in the equation of building wealth. As expenses have increased, managing spending patterns has become an even important part of the wealth building exercise. It is often seen that many households are unable to control their expenses on a particular head irrespective of trying hard. A solution… Read More »
Everything in life has a risk-return trade-off. The higher the returns from a particular investment, the higher will be the risk involved. This risk-return trade off is applicable not just for investments, but for all activities in our life. Although risk plays an important part in taking investment decisions, not many people are aware of… Read More »