A person who requires long term care might or might not have an illness or disease but he is unable to perform basic activities of daily living (ADL) which include walking, dressing, bathing, eating, continence etc. Today’s typical urban family is husband, wife and one child. Twenty five years hence when these single children start […]
Read MoreIf one puts all the eggs in one basket, the chance of all the eggs being broken are more. If one puts it in three or four baskets, the chance of breaking all of them will be less. In the event of an unfortunate incident, the loss will be reduced. Same thing is applicable for […]
Read More” The success of life is not in creating wealth but in completing financial goals successfully ” As we are at the next step of financial planning after tax saving, now it is important to look at our cash flows. Financial planning is about streamlining cash flows towards achieving your financial goals. The foremost important thing which we should […]
Read MoreMr. Suraj Sethia, an IT professional with a working spouse (also an IT Professional) was approached by a financial planner who offered to provide advice on his financial planning requirements. Mr. Sethia categorically mentioned that he did not want any advice since that advice would carry a charge/s. His answer was that he was getting enough tips and […]
Read MoreAshish , a chubby 6 year old toddler has mastered the art of blackmailing very early in life. He gets away with his demands very easily lest if his demands are not conceded, he would lie down on the floor or shriek so loudly that it might cause embarrassment to his parents. Ashish’s parents, Ashutosh […]
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