This is a sad example. And of a close relative of mine. Without disclosing the real identity here, I hope this example can help convince those - who still have doubts about having a big enough life insurance cover. Almost…
Read More Real Life Example – Tragic Consequences of being Under-Insured
When it comes to investing, most people are concerned whether their investments doing good - with respect to a benchmark or not (this benchmark can be an index, a friend or even a well-to-do family member). But ask them about…
Now that’s a new FIRE to burn inside you. And wouldn’t you want to be FIREd like that? 😉 If words like Financial Independence, Financial Freedom and Early Retirement fascinate you, then you would be interested in reading further.…
In India, most investment decisions are taken keeping ‘tax-savings’ in mind. Saving taxes is important.. but it's not enough. I have myself realized this quite late (but luckily, not very late). No doubt you should try to maximize your tax…
Read More Section 80C and How Salaried Young Indians can Save Tax & Grow Rich?
Looking for high returns from your investments? You are in for trouble. You won’t get high returns just because you want them or even if you ‘really’ need them. You will get the returns you deserve. Atleast under most circumstances.…
Read More You get Investment Returns you deserve. Not what you Want or Need!
Shouldn’t you just be bothered about getting you and your immediate family’s life and health insured? Ofcourse you should be. Immediate family comes first. And you don’t want to leave their health and post-your-death-family-expenses to chance. Isn't it? So definitely,…
Read More Why you should convince your Close Relatives to get Insured too?
Is life insurance a good investment? If you want a one-word answer, then its NO. Life insurance is not an investment. Period. Comparing insurance and investments and trying to pick either of two (or combining them) - is one of…
Timeless There are very few things that an average investor can refer to as - timeless advice. Know what goals you are saving for. Know how distant these goals are in future. Know how much these goals will cost you.…
We work hard for money (can't deny that). After all, money is necessary. But I regularly come across people, who inspite of working very hard to increase their income, pay very little attention to making their money work hard. Statements…
Updated: 1st July 2023 Currently, PPF rates are 7.1% (for July-September 2023 quarter). Rates were last changed on 1st April 2020 onwards. The history of PPF interest rates is not very exciting. The changes have been very rare till recently…
Read More PPF Interest Rate History (2023 Update) 35+ Years History
It’s a little overwhelming to be asked questions. 😉 I’d rather be the one asking the questions. That said, Wealthy.in interviewed me sometime back about investing, personal finance and what I think about money, in case you are interested. So…
If you are reading this, I am sure you wish to become financially independent some day. You might have been secretive about this dream of yours, but given a chance you would be the first one to get out of…
Know the real reason why you want to invest (or save or buy insurance). List down the actual goals for which you are investing. You need a powerful ‘WHY’ to continue investing for years. Understand the asset allocation that you…
Sometimes, you are better off not doing some things. Here are 66 such things that you shouldn’t be doing: Don’t spend to show off. (why) Don’t forget about inflation. Don’t save less than 10% of your annual income. Don’t keep…
Read More 66 Things Not to Do if You want to be Better off Financially
For most people, tax planning and investment planning are one and the same things. “I have already utilized the full limit of Section 80C. What else is left to invest for now?” – was the response of a friend, when…
Read More Done Your Tax Planning? But what about Financial (Investment) Planning?
