A man in debt is so far a slave. ~ Ralph Waldo Emerson Struggling with your debt is one of the most stressful time in a person’s life. As the above quote rightly “A man in debt is so far a slave”. Proper planning can help you get rid of debt. Here are a few [...]

Plan your taxes early

It’s the time of the year where you might have to submit your income tax proofs if you are salaried. Hope you are well prepared with your investment proofs. The most common tax saving options are –  ELSS Home loans PPF EPF ULIP plans. Tax saving FD’s Its advisable to consult a tax consultant who [...]

Its mid of the month and its now time to evaluate your spendings. Hope you have been tracking your expenses. You surely had a budget in your mind to evaluate and find out if you are running on a budget or have you been overspending? I just evaluated my expenses and I am running over [...]

Today lets jump on to Term plans. What are the term plans? Term insurance is a type of life insurance plan which provides coverage for a certain term, the term is generally fixed and predefined say 10 years, 20 years 35 years, etc. If the insured dies during the time period specified in the policy [...]

Start an SIP

Firstly just wanted to check if you are tracking your expenses daily? Today is quite relaxed. It’s a gyaan day. Study more about Mutual Funds. Check how much you would need to achieve your goals? Accordingly, think about investing in SIP’s. SIP’s help you in investing in a systematic manner and at a regular interval. [...]

Hope you have made a smart choice of earning more interest on your saving bank account. A lot of banks now offer 6% interest on an amount above 1 lakh rupees. Which bank would you be opting out for from our yesterday’s list? Day 11 – Get the best motor insurance deal Your car’s insurance [...]

So by now, you know there are a lot of investment options available. You might have also considered options which are suitable for you. Day 10 – Today we have a profitable tip for you which won’t cost you anything! Why do I need to keep money in my saving bank account? One needs to [...]

So would you be considering a part-time income source? Do that if you are struggling with your financials and also if you have a good amount of spare time. Day 9 – Find out and study a suitable investment option to achieve your future financial goals. There are a lot of places where you can [...]

By now you are well equipped with the following things – You know your current financial standing in form of net worth. You are well equipped with how much you earn, how much you spend. You have a budget in place. You know ways to save money now! Let’s move on from evaluation and saving [...]

We have come quite far. We are on day 6 today. I am sure you have been following this challenge. We have got several queries on emails and we are very humbled by your participation. Hope you have listed down your financial goals yesterday. Day 6 – Search for unwanted stuff and sell it. I [...]