List of Financial planning Articles

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financial planning

What is 401K plan and how does it work?

A 401(K) plan is popularly known as an employer-sponsored retirement plan to which certain eligible employees based on pre-set criteria can make tax-deferred contributions from their salary or wages.

Check your EPF balance online with e-passbook

Now you can check EPF balance in absolutely no time by either using Employees' Provident Fund portal, by an SMS, by giving a missed call, or even using the EPFO app.

What are the different types of Inflation?

There are different types of inflations like Creeping Inflation,Galloping Inflation, Hyperinflation, Stagflation, Deflation.

Hospital Cash vs health insurance policies

While buying daily hospitalisation cash plan, you need to keep an eye on sub-limits, particularly the ones specifying the maximum number of days spent for hospitalisation in a year

7 Risks associated with investment in fixed deposits

Fixed deposits (FDs) have been traditionally quite popular with investors looking for safety. FDs offer the benefit of assured returns. Broadly, there are two types of FDs. The more popular FDs are the bank fixed deposits that are lower on the risk scale.

5 ways to make your money work for you

A financial plan is a statement of your life goals with a clear financial implication and a plan to achieve them. The problem with wealth creation is that unless you know where you want to reach, it does not matter how fast you run. Set targets for your retirement, your children's education, your equity portfolio, etc.

What is Residual Dividend Policy?

Shareholders receive dividends — a portion of the current company profits — by investing in the shares of a company. This can be done in many different ways, including receiving additional stock or cash payments.

Basic concepts you need to understand for financial planning

Life is an endless chain of actions that you undertake daily. Yet, one thing is certain, most of these actions are directed towards your goal of achieving financial freedom

Saving Vs. Investing: What’s the difference & which is better?

Everyone wishes for a financially secure and comfortable future. Whether it is buying a house, taking vacations, engaging in higher education, marriage or even post-retirement comfort, is all a consequence of financial prudence.

Dos and Don'ts for Financial Planning

A lack of basic financial education leaves many young adults mystified about money management. When you begin earning, you may realise that as a young adult, you have more disposable income that you can invest, than you’d have later in life.