12 Common Mistakes made by SIP Investors
Investment in mutual funds through SIP is quickly gaining favour with investors, particularly among young people just starting their careers. The mutual fund SIP’s ability to grow a significant maturity amount with only a little monthly commitment over time is the reason for its increasing popularity. An investor may occasionally make blunders that prevent him […]
Effective Ways to Manage Absconding Tenants
Absconding tenants are every landlord’s nightmare. They vanish without a trace, leaving unpaid renting, utility bills, and sometimes a damaged property behind. If you’re a landlord in India, you might have already faced this frustrating scenario or are worried about it happening. This comprehensive guide will equip you with the knowledge and strategies to handle […]
Financial Stress and How to Overcome It: A Guide for the Indian Audience
Financial stress is a common issue affecting millions of individuals and families across India. Whether it is managing household expenses, dealing with unexpected medical bills, or repaying loans, financial stress can have a significant impact on one’s mental and physical health. In this blog, we will explore the causes of financial stress in the Indian […]
Types of EPFO Withdrawals – Partial or Full Withdrawals
Types of EPFO Withdrawals EPFO withdrawals come in two types – full withdrawal and partial withdrawal. Each type has specific conditions that you must meet to withdraw your EPF balance. Let’s take a closer look at the different types of withdrawals available. Full Withdrawal As the name suggests, full withdrawal refers to the complete withdrawal […]
Looking for a Car Purchase – New Car or Old Car – here to think the pros and cons
When it comes to purchasing a vehicle in India, one of the biggest decisions you’ll have to make is whether to buy a new or used vehicle. Both options have their advantages and disadvantages, and the right choice will depend on your individual needs and preferences. New Vehicle Purchase: Buying a new car in India […]
Best Money Moves to make in Your 50s – Have a look to be money wise
In your 50s, it’s important to focus on maximizing your savings and reducing debt to prepare for retirement. Here are some specific money moves to consider: It’s important to remember that everyone’s financial situation is unique, and the specific money moves that are right for you will depend on your individual circumstances. It’s a good […]
Term Insurance – Benefits, Pitfalls and Salient Features for India
Term insurance is a type of life insurance that provides coverage for a specific period of time, known as the term of the policy. In India, term insurance is a popular choice among individuals looking to secure the financial future of their loved ones in the event of their untimely death. In this article, we […]
How to get Insurance done for your maids and help through Govt Schemes for Low Income in India
The following are the ways to get insurance done for your maids and help through govt schemes for low income in India: 1. Pradhan Mantri Jan Arogya Yojana (PMJAY) PMJAY is a government-funded health insurance scheme that provides financial assistance for medical treatments for low-income families. The scheme provides coverage for hospitalization expenses and pre-existing […]
Importance of Employee Financial Wellness
Quick check: Juggling several app loans? Read how to get out of multiple loan apps, and check each lender’s RBI status in our lender directory. For example, see our pages on DSP Finance and Capfloat Financial Services Private Limited.. Why Financial Well-Being Is Important Your workers’ personal and professional lives and, consequently, your business are […]
How to Safe Guard Your Money Life against Recession
Recession can have a significant impact on an individual’s finances, and it is important to be prepared and take proactive measures to mitigate the effects. Here are some ways to reduce the impact of a recession on your money life in India: 1. Create an emergency fund: Having an emergency fund is crucial during a […]