Men are from Mars, women are from Venus, the fact remains that women and men do think and behave differently in many aspects of life, including those related to money and finance.
Types of Investments
You can invest your money in different types of Investment instruments. These instruments can be financial or non-financial in nature. There are many factors that affect your choice of investment. Millions of Indians buy fixed deposits, post office savings certificates, stocks, bonds or mutual funds, purchase gold, silver, or make similar investments. They all have a reasons for investing their money. Some people want to supplement their retirement income when they reach the age of 60, while others want to become millionaires before the age of 40.
What does personal financial planning mean?
Personal financial planning is a process of managing money to achieve personal economic satisfaction. It is often confused with Investment planning, however financial planning is not just about investment but covers much larger gamut of managing your money.
Buy insurance cover that suits your need
Do you have an insurance plan that is suitable for your needs? Most people go by what their insurance agents recommend. They don’t bother to check details of the product or learn more about its features.
Are your finances geared for medical emergencies?
Individuals build a corpus for various purposes like child’s education, buying a house and child’s marriage, among others. However, when it comes to accumulating a corpus for medical emergencies, individuals are not as proactive. With avenues like medical insurance on hand, individuals believe that having a medical insurance will suffice all their medical expenses. However, the reality is far from this.
What is Investment?
Investment means putting some thing, often money to any things such as, shares, funds, businesses that will return some profit or interest in future. Many of us confuse investment with saving, however there is a clear difference between saving and investment.
All about Loans and Mortgages
There were times when finding credit was difficult, and money lenders were outright wicked. Remember Shylock from Shakespeare’s, The Merchant of Venice, or for instance our local Sahukaar. But today the scenario is different. Many financial institutions are competing with each other to lend you money.