Middle Class & Money

Money Basics Middle Class Needs to Master for a Good Life

Upper classes are a nation’s past; the middle class is its future. Ayn Rand The irony is middle-class earners are busy earning money and aspiring to become rich. In the process, they just ignore the very process to enhance their financial wellbeing. We were not taught financial literacy in school. It takes a lot of work and time to change your thinking and to become financially … Continue reading Money Basics Middle Class Needs to Master for a Good Life

LIC Policy

Why Shouldn’t You Escape From Life Insurance?

Life is uncertain. Death is certain. There are family members dependent on you. Your death can make them vulnerable if they are not financially secure. You have still not achieved the level of savings required for a comfortable lifestyle after retirement. In these circumstances, Life insurance is the only investment that can rescue your family from financial distress. There is a famous quote that aptly … Continue reading Why Shouldn’t You Escape From Life Insurance?

Asset Allocation

Do You Know Asset Allocation is the Key to a Successful Financial Planning?

We all know putting all eggs in one basket could be dangerous if the basket goes bust. Similarly, keeping all your savings and investments in one class of assets could be either risky or would not give a reasonable mix of return. There are several classes of assets available for an individual to park their savings.  Some are risky, some are safe, some are reasonably safe, and some … Continue reading Do You Know Asset Allocation is the Key to a Successful Financial Planning?