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Life is full of uncertainties, one can always plan for his future in the best possible way but can never predict it’s outcome accurately and this is why one needs to build an “Emergency Fund” which acts like a safety net if things go
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Firstly we must understand that Income can be classified into 2 categories: Active Income and Passive Income. It is very important to understand the difference between the two. Active Income is the income earned by undertaking a business activity
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Asset Allocation is a strategy used by investors to optimize their returns by distributing their wealth among various asset classes(equity, debt, gold, reaal estate and cash) and by doing so they also diversify the risk.
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In personal finance Savings & Investing are often used by individuals interchangeably. There is a common misconception among people that saving and investing the money are the same thing and if you are one of those who
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You might have heard this advice many a times but often may not have taken it seriously. In this blog we will dive deep into the topic of term insurance, but before we get started let’s learn about the different types of life insurance.
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The number of Financial Planners in India has steadily been on the rise because people are able to realize the value that financial planners are able to add to their Financial Life. Financial Planners can be broadly classified into 2 categories
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A Budget is a statement which an individual prepares to forecast his future income, expenses and savings. There is a myth among individuals that budgeting is only for wealthy people who have a lot of money to manage (if you believe in this then nothing could be further from the truth). Budgeting is for anybody and everybody.
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