We asked you, dear readers to share your best tips on saving money.
Review your family emergency fund and replenish it if needed. Revisit financial goals to see if there is any change in timeline or the corpus required.
Systematic Investment Plan (SIP) and Systematic Withdrawal Plan (SWP) are very crucial. Here, we will help you understand how these tools can pave the way for a stress-free retirement.
'Understand your financial goals. Next, categorise them by size. Then evaluate your investment options.'
Some of the suggested strategies include making thoughtful trade-offs between career choices and family responsibilities to avoid the guilt of not spending adequate time with elders and children at home; resisting the pressure to be a 'superwoman' by trying to manage everything alone; demanding, negotiating, and selecting jobs with flexible working hours; exploring work-from-home options; choosing an appropriate time for a career break; upskilling to re-enter the workforce after a break; and communicating openly with family members -- including spouse and in-laws -- about the support needed to grow professionally and the challenges faced at work, highlights N Ravichandran.
'Choose an FD tenure that provides a balance between returns and the horizon for which you can invest.'
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).
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.
A dummy's guide to help you become rich. Simple, but effective.
The return filed could be treated as defective, invalid, or even be considered as not filed at all.
Don't solely focus on tax-saving alone.
Exercise a bit of restraint in a number of small-yet-effective ways.
We asked you, dear readers to share your best tips on saving money. Irish Verma shares these tips.
It is advisable to file your ITR right away and not rely on potential extensions.
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.
Besides wrong selection of ITR form, many professionals claim deductions they are ineligible for.
Investors should avoid making drastic changes to their asset allocation during a market correction.
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.
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.
Sanjay Matai, a financial adviser and author, penned this advice for his son when he got his first job and first paycheque.
'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.
'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.'
Buying makes sense for those planning to stay in a city for at least 7 to 10 years. Financial preparedness is crucial.
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
'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.'
Make minimum payments on all debts, then use extra funds to tackle the smallest debt first.
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.
Invest in these funds through the SIP route with at least a seven-year horizon.
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.
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.'
Simple tips to achieve your life's financial goals
'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.
Following some rather elementary tips can go a long way in not only saving money, but also deriving maximum benefit from it. Perhaps it's the demanding nature of our everyday chores that make us overlook these tips. In this article, we discuss 4 tips that will help you make the most of your money.
Following some rather elementary tips can go a long way in not only saving money, but also deriving maximum benefit from it. Perhaps it's the demanding nature of our everyday chores that make us overlook these tips. In this article, we discuss 4 tips that will help you make the most of your money.
Work fetches money and that is what keeps us going. But how about money fetching more money? We plan to give you what you need to get started.