5 Things You Should Know Before You Start Investing
Investment is not a one-step process but an entire series of steps taken to reach the financial goal. It encompasses making various financial decisions and finding the right investment alternative while minimizing any associated risks. Investing is affected by a large number …
Retire Early and Travel Forever
Have you ever imagined about enjoying a life travelling the world? The solo thought amazes us! What if you retire young and spend the rest of your life travelling the world? We know it sounds a little crazy, but several people have …
Easy Ways To Teach Your Child How To Be Responsible With Their Money
As a parent, it’s your responsibility to help your children to be confident and sensible with money. When they receive money as a birthday gift, insist that they set aside a percentage for their savings. When they get their allowance, remind them …
5 Things to know About ELSS Funds
Equity Linked Saving Schemes (ELSS) is an equity-oriented investment option mainly focused on equity funds and other equity-related instruments. It has a lock-in period of 3 years. Any investment made in ELSS funds is eligible for deduction in 80C which makes it …
5 Tips to a Successful Investment Journey
A journey is confusing without a map the same way the journey of the financial world is impossible without a pre-planned chart or strategies. You cannot start investing without a plan. You will probably waste your money anywhere or everywhere. You have …
Best 6 Steps to Financial Planning for Women
In today’s time, it is easy to talk about female freedom, male-female equality, and women empowerment. We all hope for change in society through well-established policies. But can there be freedom without financial independence? These are some of the steps that every …
How to Retire Early?
It’s a common perception that retiring late will provide you more money for a secured future. However, it does not work like this. Retirement planning is not about working more but more about starting early. Retirement plans are formulated beforehand. Whether you …
What are the 3 Main Types of Mutual Funds?
Mutual funds are one of the most sought-after investment options in the financial markets. They are generally categorized into 3 basic types, i.e. equity funds, debt funds, hybrid funds. Such distinction is made based on their characteristics- liquidity, assets invested in, nature …