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Financial Planners keep comparing their profession with doctors – the process and result. A doctor works on health of their patient & financial planners also claim to improve financial health of their clients. Process is again very similar – people come for consultation, doctors/planners do diagnosis & suggest some medicines/products/solutions. Process of Financial Planning I […]
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What is the right age to start financial planning? Should I start at the time of getting my first job or should I wait till I have made a lot of money? These are common thoughts in everyone’s mind. Frankly, there is no particular ‘right’ age to begin financial planning. The only adage that one […]
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A death in a family is bound to have financial repercussions; more so, if the deceased was an income earner. The emotional aspects aside, life goes on. The survivors have to pick up the loose ends and get back to the business of life. To set their lives in order, they will have to take […]
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Financial goals are nothing but the future expenses which are apart from the regular expenses and come in lump sum in addition to your regular expenses. We have to be prepared for funding them because our regular income may not have the capacity to accommodate them. There are majorly three types of expenses in life. […]
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Pankaj(35) a manager in a reputed BPO firm had been informed by his office colleague that investment in land was one of the best things to do for earning higher returns. After considering a proposal which came his way, Pankaj purchased half an acre of agricultural land for sum of 6 lakhs in coastal Maharashtra. […]
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