My reader Ravi asked me “Can you please suggest me some good books for knowing the basics of investment and finance in India ? I want to be aware of must needed financial terms and plans.”.

This compilation is an offshoot of the comment above. Why spend on books to learn personal finance when the Internet can offer everything ? I present the ultimate guide to the personal finance websites in India which you can use to learn about financial planning basics.

I am also suggesting the order in which you take to reading these if you are a beginner.

Magazines

Start with one magazine from the list below. The first two are gems.

  1. Outlook Money – Should be on top of your list if you are eager to start reading.
  2. MoneyToday Magazine – Monthly magazine with loads of learnings.
  3. MoneyLife Personal Finance – Another magazine for you to kill your time.
  4. BusinessToday Money – Very compact articles from the financial world.

Ultimate Listing for Personal Finance Sites

Websites

Get to any of the below on-line portals next to enhance your learning.

  1. Rediff.com Business Personal Finance – Plethora of articles. You will run short of time to read. Basic stuff.
  2. Rediff.com GetAhead Personal Finance – Ditto as above.
  3. Yahoo Finance – Great repository for beginners and advanced readers.
  4. The Motley Fool – Though US based, most of the articles can be applied locally.
  5. MintBlog - Again, this is US based, but a great place for learning.

On-line Newspapers

I think this is optional for beginners. Take to it if you are twiddling your thumb.

  1. Economic Times Personal Finance – You can expect the best from the experts. Must read.
  2. LiveMint.com Personal Finance – News from the finance world as and when it happens.
  3. IndianExpress Money – Simple and short snippet articles on personal finance.
  4. BusinessStandard Banking – Heavy on banking and economy.

Niche Sites

Niche sites for mutual funds and stocks. Now there are many more such sites and I can say these are the ones that will meet all your objectives. So don’t waste time anywhere else.

  1. ValueResearchOnline - The comprehensive guide to Mutual Funds in India.
  2. MoneyControl - Great place with step by step guides on all aspects of personal finance.

Blogs from India

Apart from the websites, there are blogs out there to teach you the basics as well – the basic advantage is you can talk via comments to the blogger and other readers to make your learning more interactive.  Here is the listing, in no order of priority at all ! Some might tend to lean more towards the stock market while others might be a mish-mash of your expectations, so take your pick.

  1. InvestmentYogi Articles
  2. JagoInvestor
  3. RaagVamdatt
  4. RanjanVerma
  5. Subramoney
  6. TheFinancialLiterates
  7. OneMint
  8. TipBlog
  9. Squamble
  10. MyJourneyToBillionaireClub
  11. CapitalMind
  12. TheMoneyQuest

Blogs from around the world

There are tons and tons of them out there and I cannot jot down all because I don’t follow all of them myself. But here is the three I follow and I can assure you that you don’t need to look beyond these !

  1. Moolanmony
  2. The Digerati Life
  3. Get Rich Slowly

Financial Calculators

And if you need to use calculators to check how deep in trouble you are financially, go for the below.

  1. MoneyControl - Lots of calculators across all areas of personal finance.
  2. PersonalFn -Some basic calculators offered.
  3. InvestmentYogi - Amazing number of calculators to use.
  4. JagoInvestor Calculators – A good bunch of easy to use calculators with examples.
  5. BankBazaar Calculators – Another site with decent calculators in the offing.

Now get started !