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Smart parents should assume a vital role to render useful lessons of financial management to their children. Smart parents would not only render useful finance lessons, but would also be a prominent example and take effective feedback by making their children a partner in their financial decisions.
Today I am going to debunk a few investment myths. You will know why individual investors are failing miserably and how you can avoid being one of them.
Retirement investment planning is critical but often ignored and postponed for a later stage. Most of us tend to believe that our present day earnings and savings will cushion our expenses during retirement years. Rarely do we consider the erosive impact of inflation on our savings.
As an investor, we invest money with the primary objective of making positive returns through them. Mutual funds are one of the most popular investment vehicles across the globe. It is so very lucrative that it has the magnetic effect of luring more and more investors.
It is not that complicated for Non-Resident Indians to buy or sell immovable property in India and remittance of sale proceeds, but there are certain rules and regulations to be followed during such transactions. The Reserve Bank of India governs them and they fall under the purview of the Foreign Exchange Management Act (FEMA).
What most of us don’t realize that most of the lenders have grace period for making payments? While these additional days do make us feel great initially, the feel good factor doesn’t last long.
For those who are surprised on knowing this thought, let us put it short and straight –yes, there are a few secrets to save money. However, what is all the more surprising is to know that these secrets have already been made public for decades.
How to choose the right health insurance plan? With many organizations entering the insurance forte, deciding the best health insurance plan requires careful analysis
Before the previous last RBI meet, there was an increased expectation of rate cuts by RBI as a measure of providing impetus to the economy after a demonstration. That RBI maintaining status quo on repo rates at 6.25% is a negative thing for most people but senior citizens in India. Citing increased liquidity available and […]
We all come across situations wherein our personal finances go beyond control. Despite trying hard to maintain it every month, we fail.