Category: Financial Planning

Buying a car is a special and exciting goal for many. It is the most wanted material possession. When you start earning and saving, this becomes a dream for many. “A dream without ambition is like a car without gas… you’re not going anywhere.” Sean Hampton Table of Contents Step 1: Decide your car’s budget … Continue reading 9 Proven and Practical Steps to Plan and Purchase Your Dream Car

COVID-19 just hit a million and marching forward. It changed the status quo for the worse and disrupted the established order. From jobs, finances, to investments, to delaying of every plan we had for the next few months. The immediate threat, though, is contracting this coronavirus yourself or anyone in your family. It would mean … Continue reading CoronaVirus Financial Contingency Plan-There is a Way and You Must Take These Measures for Good

Table of Content 4 major areas to organize your Financial Life. 1. Organize all your Financial documents Insurance Papers Bank Documents Investment Papers Tax Documents Loan Papers Monthly Bills Other important documents 2. Create your Financial Information Vault 3. Use technology for the simplification of your Financial Life 4. Schedule your important Financial tasks Conclusion … Continue reading How to practically organize your Financial Documentation?

Do you know what is the actual power of your nominee? Do you know the key differences between Nomination, Trust and the Will? In this second part of the series of Estate Planning, you will learn the Key details of all these important tools of Estate Planning. If you have not yet read the first … Continue reading A Practical Guide to Estate Planning Tools

Have you done your Estate Planning? You know an effective Estate Planning can keep you out of trouble! Estate Planning is one of the most neglected area of financial life for most people because they have some false myths about Estate Planning! Some people wait for their retirement for estate planning, whereas others simply ignore … Continue reading How Estate Planning can keep You & Your Family out of Trouble?

“Never spend your money before you have it” – Thomas Jefferson “The man who never has money enough to pay his debts has too much of something else” – James Lendall Basford These are little quotes on debt for you to think about. Table of Contents What is debt repayment? Why is debt repayment important? … Continue reading Who Else Wants to Repay Debts Faster With Actionable Strategies?

“Save one third, live on one-third, and give away one-third.” – Angelina Jolie What if you had a job loss, a major sickness, an accident or a natural calamity? Imagine what you would do, when there is no one around? Or when none of them can help you financially? Difficult isn’t it? Here comes to … Continue reading All You Need To Know About Emergency Fund Planning

You might have relied on fixed-income investments for a steady income along with your salary at some point in your life. You may even think that they are the safest bet to get returns in today’s volatile financial scenario. In this article, we will address some prevailing fallacies about fixed-income investments. 1) Fixed Income Assets … Continue reading 3 Fixed Income Myths That Can Hold You Back from Reaching Your Financial Goals

Everybody has different financial needs; India is a country of diverse backgrounds and the lifestyle of each one differs based on their financial capabilities. Everyone’s financial goals differ accordingly. In such a case, how to evaluate the Financial Stability. This post will provide you the 20-point checklist for Financial Stability. But first… Let’s take this … Continue reading Financial Stability – 20 Points Checklist: Know Your SCORE!

#1 Story of Vishwanath and His Second Chance at Life “I mean, we’re financially stable, my wife was earning too. But I was not confident whether that’d be enough for her to take care of our kids by herself. Or enough to make them feel financially secure, you know, to let them attain the life … Continue reading Two Threatening Life Stories That Will Make You Rethink Financial Planning