When you are in the mid-20s, you have just begun earning and life is nothing but spending and feeling the fresh of money and freedom. When in 30s, life becomes more about doubling of joy at the same time with…
Year: 2021
How to take be on a “money-diet”?
What is a budget? It is an easy and smart tool that should be used to take care and control of your finances. Budgeting is also referred to as a “money-diet.” A healthy and accurate diet is nothing but a…
The 3 “Golden” rules to build your dream retirement fund
We all know that it is very essential to build a good retirement corpus with the help of a good retirement plan. However, people either fail in making a good plan or they are not sure how to make a…
When to save and when to invest? How much to save and invest?
Most often people don’t seem to comprehend the difference between saving money and investing money. Both of these have different objectives and serve different purposes in anyone’s financial strategy.It is important to clearly know and understand the fundamental concept of…
Which is difficult – Saving money or Investing money?
Earning enough money to maintain the standard of living is the biggest task in everyone’s life. However, people seem to find it difficult to save or invest money even more than earning that money. Saving and investing money is equally…
Some “Financial” Jargon you need to know
In day to day life, we come across many financial jargons (or money jargons) when discussing with a colleague, through radio or TV commercials, in the newspaper or online. Do we know the meaning of at least the most commonly…
How to focus on growing your wealth in your 40s
Most people are professionally well settled when they reach their 40s. However, not all of the professionally successful people are good at handling their finances or investments. To be successful in life, it is not just enough if you excel…
Mistakes that will ruin your retirement
We have seen a lot of tips on how to save for your retirement in the past few articles. It is not that people run away from saving for their retirement or they don’t save at all. It is just…
80% Indians don’t have sufficient funds for retirement
India has got the first place in being retirement ready in a global survey even ahead of countries like US, the UK and China. However, the survey also revealed that Indians also thought that they are not exclusively ready in…
Did you know what TVM is?
Did you know what TVM is? Have you heard about TVM? TVM stands for Time value is money. This is one of the core concepts of finance and it means that the amount of money that you have with you…