Many of us wish to increase our wealth exponentially and secure our financial position. We seek investments which has no risk and makes a lot of money for us. The challenge however, is to find such an investment avenue.
Ahead of festive season this year, the stock markets are buzzing again! The Sensex closed above the 17000 mark for the first time since May 21, 2008.
It is not possible to negotiate the basic premium rates offered by insurance companies. Using a little common sense and initiative you can however save your self some money and so make life insurance more affordable.
Insurance is often bought and sold for the wrong reasons. Though insurance is a risk cover, many of us mistakenly consider it as a mere investment and tax saving product.
Once you’ve identified your financial goals and committed yourself to saving and investing, you’re ready to put together a strategy, or a series of strategies, to meet them.
A financial plan is more than a wish list. After you’ve taken the time to express what you want from your financial life, you’ll need to create a strategy to help you achieve those goals.
There are a host of factors that have now made buying a home more affordable. The flip side is that there is also a bewildering range of housing options and loans to choose from. This makes the process of buying a home an arduous one.
The biggest challenge many of us face about investments is finding enough surplus funds. Most of the time we are engrossed in balancing our income and expenses. Drawing up a personal budget allows you to take control of your spending and find enough money to save and invest for vacations, retirement and your children’s education.
In response to our previous post Financial Literacy should be made mandatory which talked about conducting workshops and roadshows in spreading financial literacy program in India, Ranjan Varma pointed out two most practical issues
Financial literacy means knowing the basic survival principles involved with earning, spending, saving and investing. Earlier, our parents use to save more and spend less, today, young adults wants to earn more to be able to spend more, without bothering to save or invest.