India Infoline News Service | Mumbai September 30, 2014 16:50 IST
Individuals could find themselves in any on this age-group and the below mentioned framework should help them take a better understanding of their financial life at their respective stage as each of the four stages have a different set of to-dos.
India Infoline News Service | Mumbai September 30, 2014 16:25 IST
An individual should set a goal of setting aside an amount for savings each month, but should try to increase that amount at every available opportunity.
CreditVidya | Mumbai September 30, 2014 09:40 IST
There are times in life when you need that extra cash to meet an immediate goal. If you have considered all other options such as taking some help from friends or relatives and have not found a way out dipping into your savings pool may not be a good idea at. What you can consider instead is opting for a personal loan. However, there is no reason to assume that getting a personal loan is childs play, despite the fact that you have had telemarketeers chasing you almost daily! Like with any other loan product, your Cibil score will determine your loan eligibility here as well.
India Infoline News Service | Mumbai September 29, 2014 16:55 IST
Many are seen buying insurance cover almost compulsorily, but the objectives are different. Some restict the cover on the basis of premium others do mostly for tax purposes, without evaluating their individual life insurance needs
India Infoline News Service | Mumbai September 29, 2014 16:46 IST
Over the last one year, the scenario has changed greatly as the equity and hybrid funds have upped the expense rate to 2.42% on an average against 2.06% in the previous year.
India Infoline News Service | Mumbai September 29, 2014 11:26 IST
A long term investor does not require to focus on short term volatility, but it does not mean to blindly sit with an investment even if it is underperforming for a substantial period
India Infoline News Service | Mumbai September 29, 2014 11:16 IST
Certain incidents point out that life insurance or health claims do not honor claims arising out of an accident, an event, which can adversely impact an individual or his family in absence of a cover
India Infoline News Service | Mumbai September 24, 2014 18:14 IST
There are mistakes loan seekers often make during this process, which can create problems, disappointments, and frustrations for them later on.
India Infoline News Service | Mumbai September 24, 2014 18:02 IST
Those concerns discourage most of the individuals to engage into a systematic financial routine, which further jeopardize the financial life of any person.
India Infoline News Service | Mumbai September 24, 2014 17:59 IST
Most of the times investors do not know how to best exploit the present market opportunities and at other times they might find it difficult to stick to their financial plans and resultantly skip their investing routine
India Infoline News Service | Mumbai September 24, 2014 17:55 IST
Survey reports suggest that children start grasping financial skills at an early age of 3, while their financial persona is moulded by the time they reach age 7. So, here are the five ways in which you could sculpt the financial view of your child at an early age.
India Infoline News Service | Mumbai September 24, 2014 17:53 IST
Drawing loan against fixed deposits is cheaper than taking a fresh personal loan as the rate applicable will be just 1% more than the interest payable on the fixed deposit, versus the 16% to 24% cost of other personal loans.
ICICI Prudential AMC | Mumbai September 23, 2014 10:09 IST
This lack of confidence could arise of out their bleak understanding of equity as an asset class.
CreditVidya | Mumbai September 23, 2014 09:55 IST
You face two situations when you miss out on a payment on your credit card bill. First you attract a lumpsum fee due to failure to pay even minimum payment which is due
India Infoline News Service | Mumbai September 22, 2014 18:12 IST
Indian women tend to give priority to domestic needs over financial independence, which could be a source of demotivation and financial helplessness for them during most of the critical times.
India Infoline News Service | Mumbai September 22, 2014 18:06 IST
Before buying a health plan, the present as well as future medical needs should be assessed in financial terms.
India Infoline News Service | Mumbai September 19, 2014 12:10 IST
SIPs provide with the flexibility to buy more units when the price declines and fewer units when the price surges.
India Infoline News Service | Mumbai September 17, 2014 18:18 IST
The returns are low, but there is no capital risk involved in fixed deposits. It provides a higher rate of interest compared to saving account
India Infoline News Service | Mumbai September 17, 2014 18:15 IST
They just need to be financially wise to reduce the extra expenses on unwanted products and services
India Infoline News Service / 08:59, Sep 15, 2014
Many a times parents overlook other goals as they are too busy focusing on just one goal, that is on their child's education. They are too emotionally involved in achieving this particular goal that they forget planning for their retirement and saving for other emergencies.