Retirement is often seen as the phase of life following one’s exit from the workforce. It’s a time for relaxation and pursuing neglected hobbies or interests. Many opt to travel, bond with family, or engage in community service. Regardless of their pursuits, retirees share a common desire: to avoid worrying about income sources and constantly … Read more
Studying finance books can significantly enhance your financial understanding and help you achieve your objectives. Introductory texts provide fundamental principles, whereas more advanced ones explore detailed investment tactics. The books you choose depend largely on your goals. Reflect on why you’re reading a personal finance book: whether it’s to eliminate debt, plan for retirement, or … Read more
A recent article about becoming a “Crorepati” by simply investing in the Public Provident Fund (PPF) has caught many people’s attention. The catch is “The investor must be willing to stay invested for 30 years”. In a country, where there are more Dream11 subscribers than mutual fund investors, the proclivity to earn money quickly is … Read more
As millennials, it’s commonplace for us to prioritise our personal financial aspirations. However, amidst our pursuits, we must recognize the financial security of our younger siblings, who may still need to gain the maturity or resources to secure their own financial futures. Rather than solely indulging in fleeting pleasures like gadgets or social outings, we … Read more
How to choose tax-saving investments? Several critical factors to contemplate when selecting a tax-saving investment comprise: Lock-in duration: This denotes the minimum period you’re required to retain the investment before being able to withdraw funds. Certain tax-saving choices, such as the Public Provident Fund (PPF), entail lengthy lock-in periods, whereas others like tax-saving fixed deposits … Read more