Failing to plan is planning to fail. This holds true for everything in life. Those hoping to attain financial fitness will certainly agree to this. Are you sure you are on the right path of financial planning? If you fumbled to answer this one, something is certainly wrong. Figure out what!
These are 5 common financial planning mistakes that most people commit. Read and make sure you don’t ignore these flaws.
You don’t really talk about life insurance when you are taking a walk in the park with your loved ones, do you? Actually, you don’t wish to talk about it at all! You think that you need it only when your hair turns grey. How far are you from the truth? Okay! Consider that you… Read More »
You get insurance to make sure you are covered from accidents but what if your car insurance ends up costing way more than you expected? That’s where add-ons come to your rescue. Here is a look at 7 add-on covers you should not miss when buying car insurance. 1. No Depreciation Cover With time, the… Read More »
To build up a successful cricket team, you need a good balance of batsmen, bowlers and all rounders. Your finances also need you to have a good investment portfolio with savings as well as insurance. While it is generally advised to consider insurance and investments as separate options, ULIPs combine the two and are worth… Read More »
Being a single mother can be really hard. Everything needs to be taken care of so that your children can lead a comfortable life. It all gets just that much easier if your finances are sorted out. Here’s the example of Priya Raman who faced a similar situation. Priya Raman lost her husband unexpectedly in… Read More »
Money management is always a challenge. When it comes to managing money for big cash flows, it gets even more challenging. Big expenses include expenses for wedding, house construction and higher education expenses for children. While it may be easy to opt for a personal loan for big expenses, a more prudential way to plan… Read More »
‘The bad news is time flies, the good news is you’re the pilot’, wrote the famous author Michael Altshuler. It may feel just like yesterday when you were partying to usher in the year and all of a sudden there are only three months left for the year to end. This is the perfect time… Read More »
“Income Tax is the most difficult thing upon earth to understand” – Albert Einstein. You must have felt the same way sometimes. But filing your taxes is no longer a complicated and prolonged process. Here is a tax filing guide for 2015 that does away with complications. Know the Tax Slabs The Income Tax department… Read More »