Even before Department of Post got approval from RBI to open up a payment bank, India Post has been active in securing last mile deposits with its various saving schemes, currently India post holds more than 6 lac crores of balance in its various saving schemes, this is almost half of what biggest
Personal Savings : Whatever you earn you can either consume all or chose to not , part of your earnings you chose not to consume is called Personal Savings, you can chose to keep your savings in bank account or invest it in Real estate, bonds,shares, Mutual funds or other financial instruments
National Savings : National savings is the sum of personal savings and the corporate savings, which is the profits which corporates do not
Everyone wants to make the best use of their money. However, as financial industry evolved, lot of financial products have emerged making it difficult for investors to chose suitable products which can help them meet their financial goals and build a sustainable long term financial portfolio.
This blog tries to present the best investment options for
Another financial year has just started and it is the perfect time of the year to plan for effective management of our personal funds. Financial planning i.e. planning your finances as the name itself suggests, is the most important factor in our lives but we often tend to ignore it or don’t have enough time to manage it effectively.
There are numerous things from the past that should be kept in mind while taking important decisions
Retirement starts with a vision and comes together with a great plan, there are two ways you can plan your retirement, one is what Dilbert suggests, but if you still think you need an alternate plan go ahead and read the post.
- Start Early,Save more now
Lot of time customers ask me when
Some of the top questions we get from people in our Financial planning sessions are as follow
- Why do i need a retirement plan, i have enough savings
- How much money do I require to live a comfortable life once i retire
- How do i retire as early as possible
- How do i retire at the age of 40
- I save 10K
Personal Financial Planning is a an important but yet an ignored and unsaid problem in most part of the world. There are no generic rules that can be applied to arrive at a financial portfolio of an individual since everyone have their own unique goals and risk capability. We talked to various certified financial planners in India and tried to come out with the tips that can come in handy while designing a financial portfolio for an
What is an Emergency Fund
When you create a financial plan for yourself, you try to create a plan which will suffice for all scenarios which means how so ever external circumstances, you are able to respond to situations and are not forced into any sort of financial crisis, For any good financial plan emergency funds is and essential and a foremost component.
Walking down a deserted street, I sensed somebody following me. It was late, very late and I didn’t want to get harmed so I paced up. I was worried, scared and lonely and had zero guts to turn around and see who it was. My head and heart pounded and I felt close to having a stroke. And then he, actually it, popped out from behind, ‘my health insurance’.
A cheesy insurance TVC as it sounded,
It’s all set, decided. The first thing I do on the night of my wedding is write a budget spread sheet with my spouse and then make love with him. Yeah, I mean it.
Money is known to be the biggest reason to cause friction in a marriage. So, the only possible way to ensure monetary harmony in marriage is to vow budgets. As newlyweds you must know the spending behavior of your spouse, their shopping