'Understand your financial goals. Next, categorise them by size. Then evaluate your investment options.'
Do you want to save more but feel helpless about your spending habits? It is a dangerous situation as it may lead to debt and keep you away from meeting your financial goals.
We asked you, dear readers to share yours smart tips to save money. This is what Mahesh Kaushik, 45, from Ghaziabad had to share.
The foremost lesson for India today is to beef up its air defence to cater for multiple drone attacks. As seen in Operation Sindoor, we have come a long way, but there's room for getting better. We must develop a robust and almost impregnable air cover over ourselves, asserts IAF veteran Air Commodore Nitin Sathe (retd).
'Choose an FD tenure that provides a balance between returns and the horizon for which you can invest.'
We asked you, dear readers to share your best tips on saving money.
The return filed could be treated as defective, invalid, or even be considered as not filed at all.
Finding yourself often cash-strapped? Can't seem to save up to buy that cell phone or cute shoes? Here's a guide on how not just to save money, but also make more with little effort.
Besides wrong selection of ITR form, many professionals claim deductions they are ineligible for.
A dummy's guide to help you become rich. Simple, but effective.
Don't solely focus on tax-saving alone.
Investors should avoid making drastic changes to their asset allocation during a market correction.
It is advisable to file your ITR right away and not rely on potential extensions.
We asked you, dear readers to share your best tips on saving money. Irish Verma shares these tips.
The owner and manager of Rituraj Hotel in Kolkata have been arrested following a devastating fire that killed 14 people. West Bengal Chief Minister Mamata Banerjee has ordered surprise checks of all establishments in the city to ensure fire safety compliance, after the tragedy highlighted serious violations at the hotel. The hotel has been sealed and special committees will be formed to monitor and identify establishments flouting fire safety norms.
Exercise a bit of restraint in a number of small-yet-effective ways.
The most essential and necessary things should be on top of the list and others which we can do without should be avoided, says Nandini Anandkumar.
When investing in fixed-income products, balancing considerations like safety, liquidity, and income is essential.
ELSS investments require a long-term commitment of at least seven years.
Buying makes sense for those planning to stay in a city for at least 7 to 10 years. Financial preparedness is crucial.
'They are ideal for short-term financial goals like children's education or a down payment for a house.' 'They are also useful for transitional savings, such as during job switches or while starting a business.'
'The adjustments (of tax slabs and standard deduction) will reduce the tax burden for salaried individuals with an income of around Rs 20 lakh by approximately Rs 18,000.' 'For non-salaried individuals with the same income level, the savings will be around Rs 10,000.'
Whether it's navigating the labyrinthine Cu Chi Tunnels, boating on the Mekong, marveling at ancient Champa temples, or the Mekong Bay, Vietnam promises a journey like no other.
Sanjay Matai, a financial adviser and author, penned this advice for his son when he got his first job and first paycheque.
Invest in these funds through the SIP route with at least a seven-year horizon.
'I would always put the money I saved into equity mutual funds -- mainly through the SIP route. 'This helped in swelling my savings over a period of time,' says Avik Chowdhury.
Make minimum payments on all debts, then use extra funds to tackle the smallest debt first.
DIIs owned equities worth Rs 73.5 trillion, just 1.9 per cent less than FPIs. This marks a significant change from a decade ago.
'Stay disciplined, and remain invested.' 'Volatile times are the best to invest in structural opportunities at the right price.'
A tax plan is not just to save taxes, but should also assist in achieving other financial goals such as buying a home, a car, children's education, retirement, etc
Taxpayers seeking to save tax from the sale of gold (including inherited) should reinvest the capital gains in residential property to avail of the benefit provided by Section 54F.
'The problem is that the bubble may not only be in valuations, but also in investors' minds.'
These schemes are a good choice for investors contemplating a large investment in equity funds. Instead of investing all the money in one go, they can do so in a staggered manner by parking it in these schemes and then transferring it to equity mutual funds through a systematic transfer plan.
Simple tips to achieve your life's financial goals
A round-up of Saturday's action in LaLiga, Ligue 1, Serie A and Bundesliga.
By staying informed and focusing on legitimate job openings, candidates can navigate the job market more effectively and safeguard their career aspirations.
'If you invest in a rush at the last moment, you could compromise on selecting the best tax-saving options.'
While basic policies focus on structural damage, comprehensive ones extend to household contents like furniture, electronics, clothing, and other personal belongings.
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