Anil Rego shares six tips to help you bring down your cost of owning an insurance policy Having enough health insurance protection is non-negotiable. However, health insurance premiums can be high when one ends up taking protection for one’s family as well as parents. Are there some ways in which one can invest in a smart manner such that the health insurance premiums can be reduced? Read on to know more. 1. Starting early This is the basic tenet for any financial investment which one makes. When a person buys…
Read MoreDay: May 15, 2017
Tax saving tips for the new financial year
Want your investments to make money as well as save tax for you? Anil Rego has some advice The advent of the new financial year brings forth with it the desire to invest wisely and the resolution to save more tax. So, the time is ripe to educate yourself on the tax savings investment options that are available. Here are few tax-saving investment options: Section 80 C The combined limit of investing in tax saving instruments under section 80 C is Rs 150,000. There is a plethora of investment options…
Read MoreHow to retire early? Start planning early
Early retirement is an alluring dream, but few are able to realize it as they start planning for it too late. With an increasing number of individuals earning salaries that can lead to significant savings, combined with the pressures of demanding professional commitments, many mid-career professionals are exploring early or partial retirement, say financial advisers. However, despite early retirement being a rising aspiration, the number of individuals who actually realise it, are very few. “Everyone is talking about it, but no one is actually able to do that,” said Gaurav Mashruwala,…
Read MoreWhy you must know these five facts about Health Insurance?
Healthcare expenditure shows up its ugly face in all our lives at some time or the other. While some of us would care less to spend on our own health, we would go all out to ensure that our loved ones get the best recent medicine can offer. 70% of healthcare expenses are spent out –of-pocket and 70% of this is spent on medicines. Drugs that are actually necessary to keep a person’s vitals stable. Putting facts on the table, these are the very medicines that actually keep a person…
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