Many a time, it is seen that people give importance to earning more money or on investing the money earned in various investment avenues. It is often misunderstood by many that earning and investing are alone sufficient to be wealthy. Equally important is to make the most of the money you already have. People generally… Read More »
On an average approximately 4 to 5 million new professionals below 25 years of age join the workforce in India every year. This workforce needs to draw up the right financial strategy right from the beginning in order to make the best of their earnings while not compromising on the lifestyle that they desire and… Read More »
Let’s say you can purchase one kilogram of rice with Rs. 50 today. Ten years ago, you could have purchased 2 kilograms of the same quality of rice with Rs. 50. And ten years hence, you will probably have to shell out Rs. 75 for one kilogram of the same quality of rice. This means… Read More »
The Indian rupee has witnessed tremendous depreciation in value since the past two months, and experts opine that this is going to continue further. The central bank of the country – RBI has not been very aggressive in stemming the fall of the rupee, and opinions have been mixed in the street on actions to… Read More »
Commonly referred to as FX in short, the forex market is by far the largest in the world with over trade worth $ 4 Trillion on an average day. Simply stated this implies exchange of currencies of foreign countries with the purpose of trading. In India there are three aspects of Forex starting with the… Read More »
“If you think education is expensive, try ignorance”. This quote is often repeated to encourage people to opt for education. It has never been truer than today. Education indeed, has become expensive. The rising cost of education Consider this; engineering education used to cost about Rs. 5,000 to 25,000 per year 10 years back. Today… Read More »
It depends upon the company’s management to decide who gets how many options. But as a general guide, people in higher management are offered more options. Sometimes people in special projects which brought the company more profits are offered more options. Suzlon, as discussed earlier has given equal number of options to all its employees.… Read More »
Personal loans are being availed today by thousands of earning professionals to meet various requirements in their lives. The ease and simplicity associated with the personal loan along with no restrictions on the end usage makes it extremely popular option to raise funds when there is an urgent need. There are many doubts in… Read More »
Usually a family comprises of a person who works and earns money for the family and also people who are dependent on him/her. They may not have any means of earning money and it is the responsibility of the breadwinner to secure his family in the case of any unforeseen tragedy or his untimely demise.… Read More »
Planning for retirement and doing something about it is something that most youth and elders detest. For the youth there is no incentive to plan for something that will come up 35 years later. For the elders, the fear that they may not have enough money in their last phase of life prevents them for… Read More »