Where women and money matters are involved, there has always been a perception that women don’t like to or can’t manage their finances, investments and taxes – especially in India. A lot of that has changed over the years and women are now more active in money related decisions, and here are some additional tips…
When it comes to saving money or setting up an emergency fund, most Indians typically stick to low-risk avenues like their savings account and fixed deposits. However, with banks lowering interest rates, investing in liquid funds assumes greater importance if you want to maximise your returns. Investing in Liquid Funds What are liquid funds Liquid…
Marriage is a landmark event in one’s life, so if you’re newly married or about to get married, congratulations! 🙂 After the initial euphoria comes the realisation that now on, you have to adjust to a whole new way of living as well as managing your finances, compared to when you were single. There is…
Each time you come across investment theories, you would have come across the power of compounding. What exactly is that? The formula for compound interest is A = P (1 + r/n) ^nt where A = future value of the principal amount, including interest P = principal investment amount r = the interest rate (annual)…
Congratulations, so you’ve decided to invest your money instead of letting it sit idle in a savings bank account 😎 Now that the first step is out of the way, you have to decide where and how you wish to invest your money. In other words, you have to allocate your assets among various investment…
