Real estate purchase is becoming a challenging dream for many investors in India as prices have sky rocketed. Gone are the days when the EMI of your home loan was paid by your tenant. Now a days, your monthly rent is not even half of your EMI. In such trying times, renting an apartment isRead More
How to Talk About Money With Your Spouse
Do you know how to talk about money with your spouse ? Money is one of the reasons couples fight often. Yet it remains one of the least discussed points between couples. It is common knowledge that something that you don’t discuss with your better half will lead to confusion and misunderstanding. Given that, eachRead More
Repo Rate, Reverse Repo Rate and Bank Rate
On May 3rd 2011, the Reserve Bank Of India (RBI) increased key policy rates i.e., repo rate reverse repo rate and bank rate to contain inflation. While this was in the news big time, not many of us would have realized its direct effect on our everyday lives and our financial planning. Here are someRead More
Questions – When Hiring a Financial Planner
A lot of you might have made an attempt to hire a financial consultant to do your financial planning. Today, you have relationship managers, wealth managers, insurance agents and mutual fund sellers calling themselves financial planners. All of them offer you some kind of solution for the financial goals you have in life. How doRead More
Best Tax Saving Mutual Funds (ELSS) to invest in India
We present the best tax saving mutual funds (ELSS) to invest in India. Investing your hard earned money to save income tax is a critical part of your financial planning. While one could use any of the existing 80C deductions to save income tax, using tax saving mutual funds, also called Equity Linked Saving SchemesRead More
How much life insurance do you need ?
How much life insurance do you need? It can be calculated in an excel sheet now. Use the two methods to calculate the figure. Please be aware that there is a better method called Needs Analysis which is the best and most professional way to get to the magic figure. WhenRead More