Make Your Money Work For You
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The short answer to this question is “It depends”. Every year, around 10 million marriages take place in India. While it was formerly the standard in India for couples to pool their money after marriage, many couples are currently adopting a different path. Some couples choose to have independent assets despite sharing the obligations and costs. According …
In all honesty, the odds are stacked against you. No matter how enthusiastic you are right now to improve your life by, say, eliminating those pricey pizzas from your budget or performing 100 push-ups every morning, the chances are more actually that your resolve will fizzle out in a few days or maybe in a few weeks …
Do you spend hours crunching figures before making a big financial decision? Do you let spread-sheets define your route to financial success? Are you using a set of guidelines for navigating your personal finances? Or do you let sentiments and other non-financial factors influence your financial decisions? If you’re looking for a unique way to …
If you have invested in fixed deposits in banks long ago and lost track of them or if your parents or grandparents have made bank deposits on your name long ago and you are ever wondering how to retrieve them, then this article is for you. As per the Reserve Bank of India data, there are …
If we can look around our house, we can see that there are many items or appliances (especially kitchen appliances or electronic appliances) that are not new, and are age old. Few such examples are our mixer, grinder, refrigerator, washing machine, etc., which have been with us for a long period of time. Maybe 25 …
‘Broke Millennial’ (2017) is a sensible personal financial handbook meant to assist cash-strapped individuals in their 20s and 30s in planning for the future. Complete with easy-to-use yet powerful advice, this book will help you quit barely getting by and begin to prosper both personally and financially. This book’s author, Erin Lowry, is based in …
Inflation is still a contentious problem that has alienated everyone from central banks to people due to its erosion of value and depletion of savings. The vast majority of people attribute excessive inflation to external factors such as supply chain disruptions brought on by the geopolitical events surrounding us, which shook the world’s markets. Unreasonably …
Balanced Hybrid mutual funds are mutual funds that invest across multiple asset classes. They are usually a mix of equity and debt assets, although they may also include gold or real estate. Because of their portfolio diversity, balanced hybrid mutual funds have grown in favor among investors. By investing in asset types such as debt …
Every parent wants the best for their kid, including financial freedom. This is why parents in India fund their children’s higher education and wedding. Despite having strong academic backgrounds in their respective fields, many children struggle financially. This blog is a good read for parents who are trying to teach their kids about money and prepare them for …
‘I Will Teach You to Be Rich’ takes a firm stance on prudent banking, saving, spending, and investing. The book emphasizes that you do not have to be a pro to get wealthy. All you need is a strategy and a few techniques. The author, in this book, teaches you the importance of saving as early …