The Importance of Budgeting Even after working so hard for your money, you never seem to have enough of it. Well, the problem is not your earning but spending. And the easy solution is Budgeting. Budgeting is simply creating a plan to spend your money. It’s a way to ensure that you don’t spend more […]
Every investor (or future investor) wants to know “How quickly will my money grow?” or “I want a certain amount of money in the next 6 years, where should I invest?” or “How long should I stay invested to double my initial investment?” But to get these answers you either have to solve complicated math […]
Let’s delve a bit deeper into mutual fund investing. You should read the beginner’s guide to investing in mutual funds to orient yourself with the basics before we get into SIP. Do you: believe you don’t have enough money to start investing? get scared by market volatility? think you don’t have enough knowledge to understand […]
In an earlier post, I explained what a mutual fund is and how it works. If you haven’t read it go ahead and do so because some of the terms written below are explained there. Now let’s understand how you can go about investing in mutual funds. Before you can start investing in any mutual […]
Insurance means protection and it’s only role is to cover the risk, we all know that. But a majority of Life Insurance covers in India are bought more for investment or tax saving reason instead of protection. By mixing insurance with a goal to invest and grow money, people end up failing in the purpose […]
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