Systematic Investment Plan (SIP)

Systematic Investment Plan in Mutual Fund is commonly named SIP is popular in India. Systematic Investment Plan is a good tool, if used properly can help you to achieve all your financial goals. What is Systematic Investment Plan? We all have various financial...

How to plan for your Child’s Future (Education and Marriage)

In this post, we will talk about the proper way to plan for Child Education and Marriage. I think we can give less priority to the marriage part if it’s not affordable right now. But, definitely, we need to make our kids educated responsible citizens. What goes...

All about ELSS. Why ELSS is the best Tax Saving Scheme

There are so many tax saving investment options; Let’s see how Mutual fund ELSS Schemes stand out from all other options? You may be also interested to check how one can take full advantage of Tax Savings without investing 1.5 Lakh. A Mutual Fund ELSS is similar...

Investment myths to be avoided by Investors

Here are 8 investment myths one should avoid. You will know ‘why individual investors are failing miserably and how you can avoid being one of them’. 1. I am too young to plan for retirement Have you started planning for your retirement? You may be saying ‘who me? I...

Why one should park their money in Liquid Funds/Cash Funds?

Liquid funds are getting increasingly popular these days because of the interest rates, safety, and tax advantage that they offer. Liquid funds invest in treasury bills, government securities, call money, repo and reverse repos and other such instruments that are...

Magic of Compounding – Eighth Wonder of the World !!!

There is a saying “A Picture is Worth a Thousand Words.” In this post we will not speak, Let the “Picture speak those Thousand words” Wait a minute, did we say THOUSAND???? So let us see what Rs. 1000/- per month of investing at 12% rate of...

Why do you need a Financial Plan?

When is the right time for Financial Planning? My future is a long way away, why bother today? The best time to review your financial situation is Today! And you must do this as regularly as you can because your life is never static. Unless you start early, you might...

What is Financial Planning?

Many times, you may have read this word and you may have many complicated definitions as well. In simple language “Financial Planning is the process of meeting your life dreams/goals through the proper management of our finance.” Dream of buying a new car,...

Full tax saving without investing 1.5 Lakh (ELSS)

In another 2-3 months, most of us need to submit the investment proofs. So most of us will be scrambling to invest our money to save tax. I hope this article will be helpful for you guys to choose the correct investments to save the tax. The best option is to put...