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Financial goals are of two types – short-term and long-term goals. The short-term goals are the ones which are accomplished within a year or 2 years’ time frame. Long-term financial goals are the ones which are accomplished 5 to 10 years down the line. These long-term financial goals involve disciplined savings. Most common long-term financial [...]


Term insurance plan is kind of insurance plan which offers cover for a stipulated period of time and in that period if something unfortunate happens to the person who is insured a predefined stipulated amount is given to the nominee or several nominees as the deed may define. The premiums for term insurance plans are [...]


IndusInd Bank one of the leading private sector banks in India has launched IndusForex.com, a one-stop portal for all foreign exchange needs for Indian consumers. With the help of this portal, one can buy multi-currency foreign exchange cards and reload it anytime, anywhere in 8 different currencies. The portal is a boon for people sending [...]


Did you double your money?

IPO's are back with this bull market. Did you invest in IPO's off lately? Specially Dmart operator Avenue Supermart? The IPO wanted to raise 1800 crore rupees and was oversubscribed by 105 times. The gray market premium was about Rs 250/- but the stock surprised people by opening 100% above the issue price. The stock is currently [...]


Digital way to save tax

This post is related to something which I have previously written on how employers can help you in your personal finance. This deals with money to be saved via taxes. Zeta is a fin-tech startup which has come up with a digital solution which employers can adopt and help employees to save on taxes. This [...]


The world’s 10 largest economies by 2030

Interesting GIF image I came across on Twitter which is worth a share. Indian economy is poised to become the worlds 3rd largest economy by 2030. US remains at the top followed by China. The world's 10 largest economies, 1970—2030: rise of China 🇨🇳 and India 🇮🇳 pic.twitter.com/12VIeaqgKQ— Vala Afshar (@ValaAfshar) February 23, 2017 Share [...]


How SIP’s can help you achieve your goals?

A Systematic Investment Plan (SIP) is a vehicle offered by mutual funds to help you save regularly. It can be compared with bank Rd’s and Rd’s with post offices the only difference being mutual funds invest in debt, equity or both. Mutual fund companies invest on your behalf in your selected fund every month on [...]


Beat Demonetization through SIPs

We all are in a hunt for an opportunity. An opportunity to a better life style, a good job prospect, a better opportunity to make money etc. We want to make the best of every opportunity. How wonderful it would be if the opportunity comes knocking on our doors. We as investors always look for [...]


1. Why is this scheme introduced? The incidence of fake Indian currency notes in higher denomination has increased. For ordinary persons, the fake notes look similar to genuine notes, even though no security feature has been copied. The fake notes are used for antinational and illegal activities. High denomination notes have been misused by terrorists [...]


How to exchange 500 and 1000 notes in bank?

Its been a big event! Crackdown on black money began when Narendra Modi announced demonetization of existing Rs 500 and Rs 1000 notes. Check wiki for more. You can convert these notes by deposition amount in your bank account and there is no limit to it, though deposits over 2 lakh will attract tax and [...]

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