In Season 7 of the blockbuster TV soap ‘Desperate Housewives’, Lynette Scavo struggles with her two sons Porter and Preston who don’t know how to make themselves an omelette. And they’re pushing eighteen! Well, maybe your kids aren’t so bad and can make an omelette all by themselves. But do they know how to plan… Read More »
“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 »
Take a punt with the BankBazaar #GuessTheGuru Contest! Are you big on the movers and shakers from among the business elite? Watch out for three quotes on our Facebook timeline through the week, guess the Financial Guru who came up with the quote, and stand to win a prize! How can you participate? 1. Like our Facebook page!… 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 »
If myths were true then lightning never strikes a place twice, Einstein failed in math exam, bulls hate red and lower NAV (net asset value) means cheaper mutual funds. But that’s not the case. Lightning can strike a place twice; Einstein did excel in his math exam; bulls are proven to be color blind. And… 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 »
“Compound interest is the eighth wonder of the world. He who understands it, earns it… he who doesn’t, pays it.” If you are under 30 and know who said this, you da man! If you are under 30 and have no clue, read this little story before we let you in on who said this.… Read More »
The biggest question you have to answer yourself when you are investing is: “What is the time horizon for my investment?” This helps your financial advisor in suggesting you the right asset and product. Uljhan Singh had to change his job and he got a fat cheque of Rs.5 Lakhs from his previous employer towards… Read More »