Christmas is a time of year when many people think about their finances. Whether you are looking to save money on Christmas gifts or you are trying to plan for the future, there are a few ways you can go about financial planning during the holiday season. Here are some tips to help you have …
Rule 72 – It is a name of a simple way for finding the time period required to double your money at certain interest rate per period (e.g., per year). It is mostly use for mental calculations or when only simple calculator is available for calculations. Basically, It is used for estimating an approximation of …
RULE of 72: Layman’s Tool To Calculate Time To Double Your Money Read More »
1) If your standard of living is Rs 25,000 per month, you need an SIP of Rs40,000 to be financially free in 10 years. 2) If your standard of living is 50,000 per month, your SIP rises to Rs 80,000 per month. 3) For Rs 1 lac per month standard of living, SIP is Rs …
Financial Freedom Secrets that Will Shock You Beyond Your Imagination Read More »
Celebrated in reverence to the Sun God, the festival of Chhath Puja is performed to thank Lord Surya for sustaining life on earth and to seek blessings from him for good health and prosperity. On this day, the women of the house offer prayers to the Sun god dipping into the holy waters of the …
Let Your Financial Demons Be Washed Away on this Chhath Puja Read More »
Introduction When it comes to financial management and financial planning, there is a big difference between the two. Financial management is the process of monitoring and controlling a company’s financial resources. Financial planning, on the other hand, is the process of creating a plan that will help you achieve your financial goals. If you are …
Difference Between Financial Planning and Financial Management Read More »
Most professionals look forward to receiving that crucial text message on the last day of the month notifying them that their bank accounts have been credited with their salary. Most people consider their salary income to be a ticket to spending and meeting their monthly EMIs. As salaried employees in India, different investment options exist …
What is Wealth Management? Wealth management is a financial consulting service that provides investment advice with other financial services to meet the needs of wealthy clients. The advisor gathers the information about the customer’s wants and particular scenarios through a consultative process and then tailors a personalised strategy that includes a variety of financial products …
Capital Planning is the process of estimating funds for the organization’s long-term strategies in the coming years. Not only are existing plans considered, but future investment returns are also considered. “There is always plenty of capital in use for those who can create practical plans for using it.” (Hill) –Napoleon Hill Preferably, companies would undertake …
An advisor will help you in selecting the right funds for inculcating investment discipline to achieve financial goals in the given time period. If one desires to seek professional advice from a SEBI registered Investment Advisor or a financial planner. A SEBI’s registered Investment Adviser will charge for the bouquet of services provided. It’s high time that one …
Should I Use A Financial Advisor Or Do It Myself? Read More »
All the things we need for survival are directly or indirectly from the planet itself. Few things are not chargeable like oxygen but many of the consumed materials on the planet are bought with the help of the money. The complete process initiating from extraction from the planet i.e. wood cutting to delivering opulent furniture …
