The 15-15-15 rule of mutual funds: Joys of Compounding

“Compound interest is the 8th wonder of the world. He who understands it earns it and he who doesn’t pays it.” – Albert Einstein Power of Compounding Albert Einstein rightly said that compound interest is the 8th wonder of the world. Compounding is a very powerful concept. This is because the interest of your invested …

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Investment for Freelancers

The only routine for freelancers is having no routine. This is true with their work and their income. With irregular income, money management can be tough. You are aware of their outflow of money through expenses but not the inflows. Investment for freelancers is possible. Just a well-devised plan is all you need. Here are …

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Financial Planning for Maternity Leave

Maternity period is a wonderful phase in a woman’s life. One has to be prepared physically, emotionally and financially for it. Whether it’s a planned pregnancy, medically coaxed one, or a total surprise, one thing remains identical. Your life will never be the same again. Jane Weideman said “Giving birth should be your greatest achievement, …

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Investment Options for NRI’s in India

Looking for investing in India? Even though the traditional sources like PPF and NSC being closed, other opportunities are still available for investment. Few of many investment options for NRI’s in India are FD’s, Real Estate, Mutual Funds and Direct Investing in Stock Markets. Let’s discuss each of this to understand which one is the …

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Got Salary Hike? Increase your SIP investment

Annual appraisals have begun and most of you’ll have already planned on how to spend that extra bucks from the salary hike. For those who are not keen on spending that amount, must’ve planned on investing it. The investing clan would’ve already had existing SIP in mutual funds based on their goals. So increasing investment …

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New Financial Year Resolutions

Oh yes, you read it right. When one can have a resolution for a calendar year, then why not have one for a financial year? Had a very difficult year end? Had to make last-minute investment decisions to save tax? Regret blindly following your colleague’s investment plan? Well, the bad news is you can’t really change …

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Where to Invest Bonus Money?

It is that time of the year when people are all geared up to receive their annual bonus for all the hard work they have put in throughout the year. People generally use lumpsum bonus amount for various purposes such as annual vacation, buying a car, gadgets, furniture etc. Others utilize the high cash flow …

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Financial Freedom

Financial freedom is very subjective and depends on how you define it. Before achieving financial freedom you must define it. What does it mean to you? For some financial freedom is to have an early retirement, for some, it is to be able to choose the career path they love even if it pays less. …

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How to plan finances for your kid’s education?

Education is a major expense as school and college fees are skyrocketing. Gone are the days when you could manage your child’s school and college fees with your monthly income. You need to be well prepared in advance to be able to pay for them. There are a number of child education plans that you …

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