Free yourself from debt because it can hamper your savings. Try to cut down on unnecessary expenses like restaurants etc. Buy groceries when on sale to earn that extra savings. Keep a note of your expenses, so that you can analyze where you can cut down on unnecessary expenses and [...]
Following are some Best investment tips 1.Find an advisor who can guide you about the best options according to your age, future goals and risk appetite. 2.Start early to get the benefit of compound interest from the early stages of investment. 3.Don’t follow any investment tip blindly without expert advice. [...]
Following are some better returns investment plans than FD: * Public Provident Fund - The current rate of interest for PPF account is 7.4% p.a. You can watch our YouTube video on PPF for more detailed information - https://youtu.be/HW07P7yXFWU * National Savings Schemes - The current rate of interest is [...]
Doing it all by yourself - Professional assistance to manage your finances is necessary and should not be avoided. Avoiding Budgeting - It is important to undertake proper income and expense analysis to have a clear understanding of current financial position. Mixing Insurance with Investment - Both insurance and investment [...]
If you have not started saving yet, then it may seem difficult at first. With a long list of necessary expenses, it may feel like it is not possible to cut down on any expenses and start saving. But, when you take the leap of faith, slowly you get even [...]
Well, everyone knows how important investing is to create wealth but sometimes people do not have the inclination towards investing or are not happy with their current investments. It is important to know that there are many great options to invest your money in. And like it’s said “make your [...]
Systematic management of money is very important for a secured financial future. As investment consultants, we make sure to manage our clients’ money in a manner which brings both security and good returns while also fulfilling their major goals. Some points to note when managing your money are: Know your [...]
If you want to accumulate a wealth of around 30 Lakhs for a long term period of 10 Years for your daughter’s marriage, the following should be your investment plan. Investment in - Mutual Funds Investment Type - SIP (Systematic Investment Plan) Monthly Investment Amount - Rs15000 Duration - 10 [...]
There are many factors which are taken into consideration before we can suggest the best investment options for you. One such determinant is age of the person. For example, if your age is 25, for you the best ways of investing your money could be Equity Mutual Funds, Tax Saving [...]
Early investing can help in creating good wealth with the power of compounding. If you are 23 years old and your monthly salary is Rs 30,000 and your expenses are 20,000 and you can save 10,000 every month. This savings for Rs 10,000 can be invested in mutual funds Mutual [...]