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
As the year passes, the due date for return filling i.e. July’31 is approaching speedily; it is thetime of year again where the country’s taxpayers scramble for filling the I-T returns. Everyone rushes to chartered accountants for filing returns. After all, the filing of tax return is compulsory for everyone whose gross total income exceeds the basic exemption limit.
Here are few steps to be adhered
“To live within our means” is what I’m trying to breakthrough here. I know, you know that human wants are ever increasing. Don’t you wish there were many, many ways to make more money than you already do? Thank me for compiling this list of second jobs to help you earn some extras over the weekend.
- Craigslist them all: Do you realize that everything that you think of as a useless pile on can be a treasure for
Every year everyone of us on the 31’july while filling our return of income and paying the taxes to government end up with the thought….how should I save on my tax next year??
Give below are tips which can help you save some precious money on tax.
To make your tax zero, we should have our net income equal to or below the exemption limit as defined in the slab
With global markets looking shaky, China under pain, emerging markets slowing down, commodities getting thrashed , and almost all asset classes in red, the number one question in every ones mind is what will happen to my stock portfolio, Are we going to see a
Before we get into details, lets get some simple nomenclature right.
What is a Cheque: “Cheque is a negotiable instrument in writing containing an unconditional order, addressed to a banker, sign by the person who has deposited money with the banker, requiring him to pay on demand a certain sum of money only to or to the order of certain person or to the bearer of instrument”
Drawer ,Payee and Drawee: