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 »
Does the very thought of applying for loans, insurance and credit cards create a huge dark cloud over your head? Do you feel demotivated upon reading the first few lines of financial jargon that seems to make sense only to lawyers and astrophysicists? Do you want to access the incredibly lucrative world of investments… Read More »
The new pair of Skullcandy earphones, shiny black pumps, a new shirt and a fancy haircut; you can get all these in Rs 1000. But, you can get a lot more in 1000 bucks even though it may not seem like a big amount. And these are things that will definitely not land up in… Read More »