The year 2010 draws to a close today. There has been massive volatility as far as the news in the personal finance space is considered in India. Here is an attempt to jot those personal finance news of 2010 that made headlines, for good or for bad reasons ! Let me know if I haveRead More
How Many Credit Cards Should I Have ?
What is your status symbol ? Is it a car that everyone envy’s or the latest phone being advertised on television ? Or is it the number of credit cards you have ? You read that right, there are folks out these who think the more number of credit cards they have, the more inRead More
How to Calculate Your Personal Net Worth
Your personal networth is a piece of information in your overall financial planning that you should be aware of at the drop of a hat. Yet you find investors who either don’t understand the concept or if they do, they usually don’t calculate it. You need to know how your net worth is calculated andRead More
Different types of life insurance policies in india
Depending on their objectives, there are at least three types of life insurance policy classifications. A life insurance policy could offer pure protection (insurance), another variant could offer protection as well as investment while some others could offer only investment. In India, life insurance has been used more for investment purposes than for protection inRead More
5 Tips to Spend Money Wisely
Spending money in an integral part of every individual. Spend your money wisely is a key input in your overall financial planning. However, the easy disposable income one generates today has blurred the difference between needs and wants. Spending money in an unplanned way could result in significant financial drain of savings for your future.Read More
How Much Home Loan Can I Get ?
An oft asked question – how much home loan can I get on my salary ! Astute financial planning is about having the right distribution of your salary between investments, expenses and loans. As far as loans are concerned, they can easily find their way into an investor’s portfolio in the form of car loans, personalRead More