Financial Planning Advice: How can you prevent yourself from excessive spending?

Financial Planning Advice: How can you prevent yourself from excessive spending?

Majority of the people plan for a month with the intention to save money but they exceed their budget level scheduled and they run out of cash. So the financial advisors offer the best advice in preserving the money. In order to avoid the overspending pattern, every individual should recognize the emotional as well as a psychological factor that makes the individuals spend from their income. Eliminating these trigger factors would naturally lead to the door of the saving. It is also advised that when an individual is stressed then…

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The Biggest Marketing Challenges for a Financial Planner

The Biggest Marketing Challenges for a Financial Planner

Financial Planners of the current world face difficulties confronting them in their day by day activities. They should wear numerous caps, including those of asset financial guides, face a lot of struggles confronting them in their daily life. They should possess the knowledge of budgetary organizing; analyze financial backgrounds and advertiser keeping in mind to reach the end goal. The biggest challenge is to develop the business and make the reachability of the product among the public. This makes the branding of the product to a great extent. The advisors…

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Best Financial Advice to Make you Grow with Money in 2018

Best Financial Advice to Make you Grow with Money in 2018

Experts offer professional advice on techniques to develop the money based on the systematic approach. Individuals should understand the terms about good as well as bad loans. Good loans are nothing but home loans where the return value for is higher than the interest paid by the individual. Credit card loans are costly because of their increased interest rate which is considered as bad loan. People are provided with wide range of investment choices that offer increased return in a short period. Distributed loaning sites enable speculators to expand their…

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Are you worried about an unplanned retirement coming? You still have a shot!

Are you worried about an unplanned retirement coming? You still have a shot!

It’s never too late to save for your retirement Though there is enough information around us to start saving early for retirement during our career, many of us give thought and attention to it only when we are nearing the 50’s which is like wanting to win the race during the last mile of it. Chances are then 50-50, where we may either win or wind up somewhere in the middle of what we wished. Here are a few tips giving you hints on some smart moves, so there is…

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Your finances this week: Know how to use your salary increment wisely

Your finances this week: Know how to use your salary increment wisely

This is the time of the year when most companies hand out increment letters to their employees. You may have also your salary hike details in hand. It is one of the best feelings to be appreciated for the work you put in for your organization and given a handsome reward in the form of a decent pay hike. However, a good salary hike does not really mean a signal to go on an extended binge when the extra money starts flowing in with your salary slip. Instead, you should…

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5 reasons why your Chartered Accountant is not your Financial Planner /Advisor?

5 reasons why your Chartered Accountant is not your Financial Planner /Advisor?

The much respected Chartered Accountant in many ways remains the first priority when it comes to seeking advice on financial matters in the Indian household. For many of us we hardly see the line that separates a Chartered Accountant from a Financial Planner. At best we see a blurred line! The typical ignorant cost-saving attitude that quite a few of us sport in the key aspects of our life. We are not talking about just qualification here. Financial Planning needs expertise. An investor has to think if his efficient Chartered…

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Are you constantly broke? Money management for the millennials.

Are you constantly broke? Money management for the millennials.

Meet Harish Amera who touches a very high five figure gross salary because of his networking job at a Fortune 500 tech company. The millennial lives life completely by his own terms.  Harish simply loves what he does, absolutely enjoys traveling and a great time with friends. His weekends are packed with fun activities, partying and shopping. Harish lives alone in a high-rise elite single bedroom apartment in Bangalore. He is happy that all his hard work studying and securing grades in his school and college has finally paid off…

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Are you paying more for your cash?

Are you paying more for your cash?

Does this question puzzle you?  Here’s want we want to ask you. In the wake of digitizing India and setting limits on cash transactions we had a series of announcements and policies breaking away every new day ever since the 9th of November 2016. Most of this was targeted towards bringing in unaccounted money to the bank, and aimed at nudging the informal economy to fall in line with the norms of the formal economy. Stringent exchange limits on old notes and withdrawal limits, had citizens face a tremendous cash…

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International Women’s Day 2017 : 3 steps to be a money-wise mom

International Women’s Day 2017 : 3 steps to be a money-wise mom

Mothers are considered to possess a treasure of information about many things such as cooking, healthcare, keeping tabs on whether you have cleaned your room, and just about every single thing on earth except money! Somehow, money has been the realm of daddy dear, at least in majority of households. If you are a mother, this article is for you on how you can be a money-wise mom: if you already are not! If you are not a mother, still read on and pass on the info to all the…

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Corpus and Returns – How to benefit from a Flexi-SIP

Corpus and Returns – How to benefit from a Flexi-SIP

A Systematic Investment Plan is one that helps the investor ride through the market ups-and-downs, build a good corpus and make great returns.  Its popularity has been panning out and the salaried class who have followed discipline and stuck to their monthly investment plan are being rewarded as the annual average CAGR of the SIP over the last 5 years has been close to 17%. A periodic SIP amount is able to fetch more units of the fund when the stock market is trading lower. For example, if you had…

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