Are you also one of those investors who keep reading blogs and have accumulated tens of mutual funds to date? If yes, this article is especially for you. Personal financial planning is just not about mutual funds returns. Personal financial planning is much more than that. As a matter of fact, take a look at…
Owing to the increasing hype and importance of financial planning, hiring a professional financial advisor has become a common trend. Moreover, the upsurge in the demand for financial planners has resulted from rampant online promotion of the same. You also must have come across various promotional posts which encourage users to hire comprehensive financial planner…
5 emotional mistakes, just 5, induces most people to commit some common financial mistakes in their lives. Can you believe it? I bet you can’t. Let us analyse these mistakes one at a time: Greed Fear Guilt and Gratification Social Strata Ignorance If you are prone to these mistakes then I would request you to…
In this article, I have tried to list down important personal financial calculators that will be useful while considering financial planning in India. These calculators can be used by both DIY investors and newbies. Let`s look into few details to see how these personal finance calculators can help you calculate the required corpus for your…
One needs to first understand that your insurance advisor, mutual fund advisor, stock broker, bank relationship manager and real estate broker are not financial advisors. They either work to earn their commissions or for salary. For example, an insurance advisor will earn commission on the premium you are paying to the insurance company whereas, a…
It’s been long time since I was thinking of writing an article on Financial Advisor fees structure, cost and charges in India. This is a growing market that has come up in the recent past and most of us do not have that the knowledge around how much one should pay and is it worth…
How to do financial planning for doctors in India? What financial management tips and wealth advice can help doctors to reach their financial goals? There is a good family friend of mine, who is an extremely well known doctor in the medical circles. He had his own practice, worked at a government hospital, and was…
This article explains in detail – the list, types and example of personal financial goals. Before going further, let us see what a personal financial goal is? What is a Personal Financial Goal? Personal financial goal is the target amount of money required for specific future financial needs. It differs between person to person. A…