How to Spend Your Month-end Happily

How to Spend Your Month-end Happily

The biggest trick to help you spend less than you earn is to know exactly what you are earning and exactly where are you spending Have you ever reached the end of the month with almost nothing in your pocket and bank account? If so, you’re not alone. In fact, many Indians, often with large families, are living pay cheque-to-pay cheque. It can be one of the hardest cycles to break. Below are some tips on how to spend your month end happily and without worries. Know Your Exact Budget…

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How not to finance down payment for buying home

How not to finance down payment for buying home

Buying a home is a big decision. And, as with all big decisions, you need to be well prepared before you implement it.  For starters, before you decide on buying a home, make sure you have accumulated enough money to make the down payment. Hasty measures can put your financial security at risk.   Don’t dip into retirement savings Rummaging through one’s retirement savings may seem the easiest option. But it is not the most desirable one, say experts. “Once you start chipping away at your retirement fund, there’s no…

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Don’t ignore! It is very important to insure income that your earn

Don’t ignore! It is very important to insure income that your earn

What is our greatest asset? Not our house, new car or investments – our ability to earn an income is the greatest asset. No one’s income is ever quite sufficient for his wants. Yet, our regular income, be it in form of salary, rent or consultancy fees, is the single-most important driver of economic independence. Income-less for just one month can be a disturbing experience, emotionally as well as financially. With the opportunity to earn being mostly time-defined, it is important for us to protect that income. Let us understand…

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Does the UPI score better than E-Wallets, NEFT and IMPS?

Does the UPI score better than E-Wallets, NEFT and IMPS?

Has the Unified Payments Interface (UPI) come to reign supreme over all other ways and means of making online payments? Do e-wallets like Paytm, and online banking transactional methods like the NEFT and RTGS now take the back seat? Figure out the answer yourself as you read on… It is no secret in the rise of smart phone usage for online transactions.The figures rocketed from less than a crore of monthly transactions in 2012 to more than 63000 crores in 2016. Much of the rise occurring post the demonetization drive….

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Wondering where to invest? MFs have these 20 large & midcap stocks in their kitty

Wondering where to invest? MFs have these 20 large & midcap stocks in their kitty

Investing becomes tricky, especially in a bull market when every stock seems to be on the ‘cloud 9’. Well, one way is to do your research and buy stocks on declines and the other way could be to look at the portfolio where foreign institutional investors (FIIs) or mutual funds are betting. We don’t advise investors to blindly replicate FII or MF portfolio, but it could certainly provide you clues as to where the smart money is moving and after doing your own research investors should place their bets accordingly….

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If you have Rs 1 million to spare, here are 5 portfolio options to generate wealth

If you have Rs 1 million to spare, here are 5 portfolio options to generate wealth

If you want your money to work for you – first thing is to get it out of your bank account and invest in various asset classes. I can’t invest because the market is trading at high valuation? There is too much risk in the market right now? I don’t know how much and where to invest? Do these questions look familiar to you? If yes, then we might be able to help you out. If you want your money to work for you – first thing is to get…

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Must know financial facts about Rental Income

Must know financial facts about Rental Income

Real estate is an essential asset class everyone would like to have on their financial portfolio. Some of us are gifted with funds and loan options that can have us invest in a residential or commercial property for rental income. Owning a rental property also enables an individual achieve desired financial goals.  Investing in real estate for wealth creation and receipt of rental income has its fair share of risks and management. A real estate property can be acquired in different forms, such as a residential apartment or home, warehouse,…

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Anxious about the Appraisal? – Stay prepared for a poor pay hike.

Anxious about the Appraisal? – Stay prepared for a poor pay hike.

It cannot be denied that the Appraisal season brings with it uneasiness and anxiety. This year around macro and micro economic changes has the staffing and hiring managers expect poor or no hike for employees. This sentiment is prevalent across the IT, Telecom, real-estate and start-ups as reported in the Economic Times Wealth, February 2017. If you are wondering about the relation these macro and micro economic factors have on your performance, then that’s a question no business leader would be able to answer. However, employers always try to retain…

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V-Day Special: How to talk money to your partner

V-Day Special: How to talk money to your partner

Apart from love, financial compatibility too is paramount for the success of a long-lasting relationship. Here’s what couples must do to work on it. Without further ado, read on to know more! Financial compatibility in love: What? Why? What do we mean by financial compatibility? By financial compatibility, we are talking about that nice happy ground where both the partners understand each other’s philosophy of spending, saving, and investing money and live in harmony. People in love, usually, have many conversations but they are rarely about money and spending unless…

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Budget 2017: How it impacts your finances

Budget 2017: How it impacts your finances

All you need to know about the Budget to realign your finances with the new tax rules. Most expected an upbeat Budget post demonetisation, one laden with freebies and fireworks, to give the economy a much-needed push. A balanced Budget is what we got instead. The biggest relief came in the form of lower income tax rate for those earning between Rs 2.5 lakh and Rs 5 lakh. But one man’s gain is another man’s loss. The government has levied a surcharge of 10 per cent for people earning between…

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