If you are looking for any Insurance or LIC`s best child plan for education and marriage in India, this article, with calculator, is not for you. Insurance Companies and LIC`s child education plans are normally traditional policies which will not give you more than 5%-6% returns. The returns from these policies would not be sufficient…
It is difficult, almost inconceivable, to believe and accept that death visits all our doorsteps. Nobody is spared. Like they say in the Harry Potter books, for the well trained mine, death is but the next great adventure, So how do you train yourself for death? We are not going to see the various methods…
Introduction to Retirement Planning My friend Sujit could not stop laughing when I asked him about his retirement planning. “Who thinks about retirement planning? I am only 30, Retirement is far away.” says Sujit. Most of us , like Sujit, having higher salaries do not believe in retirement planning because we believe in living for…
What is financial planning? What are the steps involved in financial planning? Of late, we are hearing a lot about financial planning in newspaper. Is financial planning is just planning of finance or is it much more than that? Let us have a close look at “what is financial planning” with an example. We all have…
Financial frauds are well known from time immemorial. It is common for those who get loans to default on their loans, and much more common for banks to register losses over the period. What was once a safe and secure industry is now in turmoil because of non-performing assets and what not.It was for this…
How to go about your financial planning – Fee only Financial Planner or Fee based Financial Planner! A long time ago when I first started investing, I did not understand the difference between a Fee only Financial Planner and a Fee based Financial Planner. The catch here is that it was easy to get confused…
Financial planning in India is still in its nascent stage. People are not ready to pay for the advice. Everyone is looking out for free financial planning advice either online or offline, through Facebook groups, Google groups and/or through friends. Reasons for doing so are numerous which may include: High fee for financial planning Lack of…
Which are the best personal finance blogs in India? Which are the best personal finance websites in India?First of all, you need to understand the difference between a personal finance blog and personal finance website. Though there is not much of a difference in a website and a blog, a personal finance blog is where…