Personal Financial Planning
Life Stage Planning, Personal Finance

You Need to Know 4 Aspects of Personal Financial Planning

Among all the planning you do Financial Planning is perhaps the most important but mostly ignored planning exercise. Financial Planning requires you to consider planning about your life. It entails considering budgeting, savings, investments, taxes, insurance, retirements, and important life stage planning like children education, marriages, etc. It is an exhaustive process. But it is… Continue reading You Need to Know 4 Aspects of Personal Financial Planning

Insurance Policy
Insurance, Life Insurance, Personal Finance

21 Reasons Why People Buy Life Insurance

There are 100 reasons why you should exercise. There are 50 reasons you should save money.  How many reasons are there to invest in a life insurance policy? "There are worse things in life than death. Have you ever spent an evening with an insurance salesman?" Woody Allen: People have many reasons for what they… Continue reading 21 Reasons Why People Buy Life Insurance

Indian Entrepreneurs
Business Finance, Life Stage Planning, Personal Finance

4 Reasons Why Entrepreneurs Need to Save

Story: Recently I saw a balance sheet of an entrepreneur whose business is doing a turnover of about US $ 15 mn and good profit. However, his personal Balance Sheet did not reflect any substantial investment other than his house. The loan of another entrepreneur known to me become NPA. He was making a reasonable profit for many years.… Continue reading 4 Reasons Why Entrepreneurs Need to Save

Life Insurance Policy Nomination
Insurance, Life Insurance

Everything You Need to know about Nomination of Your Life Insurance Policy

Do you know who is the nominees of your life insurance policies? Do you know the nominee of the properties you own? Appointing a nominee for all your assets is important. A property or investments without a nominee can entangle your near and dear ones in a legal battle. Therefore, the act of nomination is… Continue reading Everything You Need to know about Nomination of Your Life Insurance Policy

Life stage financial planning
Investments, Life Stage Planning, Personal Finance, Retirement Planning

Why you need to know Lifestage Investment Strategies

When you are young you can eat whatever and get away with it. But as you age you realise the response of your body to what you eat.  You reduce your food quantity, you cut down fried items, you avoid spicy food, and you refrain from heavy to digest food. When you become old you… Continue reading Why you need to know Lifestage Investment Strategies

Why Life Insurance
Insurance, Life Insurance

Basics of Life insurance You Need to Know

Life insurance is considered one of the most important financial planning instrument. Yet there are many questions and ignorance about life insurance. As a young graduate, you are entering the workplace for the first time. Your income is much for your family. There are members of your family who are dependent on your income. There… Continue reading Basics of Life insurance You Need to Know

How to select ULIP
Insurance, Investments

8 Key Elements You Need to Know to Select Best ULIP

ULIPs are popular among investors. It serves the dual purpose of insurance and wealth building. This is the reason all insurance companies have their own ULIPs to cater to different investors need. This is why IRDA has in the recent past has amended the ULIP rules. But so many ULIPs are the cause of concerns… Continue reading 8 Key Elements You Need to Know to Select Best ULIP