In this article Alban provides an insight on some important steps you need to take both before and after you get married to make sure your personal finance matter are easy to deal with.
The interest rates on home loans have eased in last few months. In this scenario, many borrowers are considering to refinance their mortgage and capitalize on this opportunity.
Like many of us, you may dream of the day when you can stop working and enjoy a comfortable retirement. But, are you prepared for it? This checklist provides you with some important choices to consider becoming financially wiser and making better decisions through your working years and your retirement years.
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.
The biggest advantage of a personal loan is that it is an all-purpose loan. So you can take a personal loan to take your family on a trip to Australia, or buy the latest Sony LCD TV, or even to pay off your credit card dues. Your bank doesn’t care as to how you use the loan amount sanctioned to you.
Your existing retirement benefit plans would vary from person to person depending upon the kind of employment, saving patterns followed, etc. Before going in for a comprehensive retirement plan, it is necessary that you asses the existing retirement benefit plans and build your retirement plan around them so as to meet the required additional needs.
Retirement planning is a multidimensional field. Many of us approach retirement planning from only an investment point of view. This perspective is too limited for dealing with the diversified needs that we may have from our retirement plan.