One fine day, when you decide to make a list of all the debt avenues you have accessed, it might be a little shaking as you finally would realize the prepayment burden on your pocket. But how do you decide, which loan you need to prepay first? Well here are some guidelines: Try to prepay… Read More »
“Patience, my dear friend. The story of the man is the story of the brand. It was, as you pointed out, in the year 1929 that the Scuderia Ferrari, which literally means the Ferrari stable, was founded in Modena. Its main purpose was allowing owner drivers to race. Of course, under Ferrari, it could not… Read More »
It is not only important to follow a systematic savings strategy to build your investment corpus so as to not get into a debt of a personal loan or a home loan but also, equally important is to assess them from time to time so that the necessary changes can be made. But making frequent… Read More »
You never know when an emergency will hit you. Emergencies like a huge medical bill payment or expenses during a period of unemployment etc. are not situations that seem vague in these trying times. But if you are a prudent investor and save money wisely, then you will be able to float over these situations.… Read More »
We all know how important it is to follow a systematic savings and investments procedure. But equally important is to pursue such a financial strategy that will help you combat inflation post-retirement. It is obvious that with prices of the commodities rising by the day, there can be no fixed amount of expenses you can… Read More »
Investments & Savings are the most important decisions in one’s life for which we advise you to contact a financial planner and avail their services. But, it is important for you, as a prudent investor, to know how capable your financial planner is. You must identify those planners who are not interested in your financial… Read More »
Before you start off to invest in mutual funds or Ulips, it is very important to analyze what kind of an investor you are and what your goals are. If you have a family and are in your mid 30s aggressive investment with a high degree of exposure to equities is most sought after. Since,… Read More »
The best systematic investments pursuit is the one where you are successfully able to save about 50% of your earnings. This can be easily possible if you are not into any loan repayments, especially a home loan repayment, wherein the tenure lasts about 15-20 years. In such situations, it is best to liquidate any of… Read More »
Apart from following a regular ans sytematic saviongs and investments pursuit, it is important to take a life insurance cover if you have dependents.. Obviously, a responsible individual will not want to see their family members get into a debt trap of taking a personal loan or any loan, for fulfilling any requirements. So, it… Read More »
Know where you stand The first step is to analyze your monthly income. The gross figure should include all the incomes generated from the working members in your family.. Do remember to add refunds, bonuses, rent, interest, capital gains as well. Know your spending: This process can be carried out in two ways; either you… Read More »