Fixed Deposit

All You Need to Know about Fixed Deposits

Indian stock market like the global stock market is unpredictable. There are hardly any safe investment instruments. Investors who are risk-averse want to invest in risk-free instruments. They believe fixed deposits are the best instrument to invest. Fixed deposits are accepted by various types of entities in India. But are the Fixed deposits really safe? Here I present some of the important facts you need to … Continue reading All You Need to Know about Fixed Deposits

Why Life Insurance

The Important Role of Life Insurance Plays in Your Life

Do you know about the significant role life insurance plays in your life? Yes, it does play a very significant role for your entire family. Life insurance touches every close relationship in your life. Your financial worries whether it is for your children or your parents or even your own, life insurance has the solution to cater to all your worries. “You don’t need to … Continue reading The Important Role of Life Insurance Plays in Your Life

Review of LIC Policy

Why Should You Periodically Review Your Life Insurance?

 “I can’t change the direction of the wind, but I can adjust my sails to always reach my destination.” Jimmy Dean You can’t change the life events happening to you but you can change the life insurance appropriate with the life events. The investments in the Life Insurance Policies are not a one-time event. Your need for life insurance cover changes every few years. If you ignore … Continue reading Why Should You Periodically Review Your Life Insurance?

Personal Financial Planning

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 also an interesting process. It makes you think through the … Continue reading You Need to Know 4 Aspects of Personal Financial Planning

Insurance Policy

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 do. Everyone has their own reason for their own action. … Continue reading 21 Reasons Why People Buy Life Insurance

Indian Entrepreneurs

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. However, he did not have any investments outside his business … Continue reading 4 Reasons Why Entrepreneurs Need to Save

Life Insurance Policy Nomination

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 your very important responsibility. Read on to know more about … Continue reading Everything You Need to know about Nomination of Your Life Insurance Policy