The Role of System 1 and System 2 Thinking in Personal Finance
A pen and a pencil together cost $1.10. The pen costs $1.00 more than the pencil. What's the price of the pencil? If we had not seen this example before, most of us would be tempted to respond that the pencil costs 10 cents. But if we pause and take a couple of...
How Can You Generate Behavioural Alpha
Alpha (α) - A measure of performance. The excess return of an investment relative to the return of a benchmark index. Generating alpha or seeking higher returns than the market average is the goal of many investors. Investors use various strategies to get excess...
New tax regime versus Old tax regime
Income tax is levied on individuals, HUFs, partnership firms, LLPs, and corporations as per Income Tax Act. If an individual’s income exceeds the minimum threshold limit, they are subject to a slab system of taxation. Here is a comparison of the tax slabs of the old...
What are Target Maturity Funds
What are Target Maturity Funds Target maturity funds (TMFs) invest in a basket of fixed-income securities such as Government bonds, State Development Loans, and bonds issued by PSUs & high-quality companies. They track a particular fixed income index and invest...
Women and money post the pandemic: Break free from your financial limitations
Exhausted with the word pandemic? Want to leave the last two years behind like a bad dream? We all are in the same boat. COVID brought our lives to a standstill, and we want to get on with life. But what about your personal finance? Most studies indicate that women...
Women and money post the pandemic: Break free from your financial limitations
Exhausted with the word pandemic? Want to leave the last two years behind like a bad dream? We all are in the same boat. COVID brought our lives to a standstill, and we want to get on with life. But what about your personal finance? Most studies indicate that women...
How does Budget 2022-23 affect me?
The Finance Minister Nirmala Sitharaman presented the budget for the financial year 2022-23 on February 1. While there are no changes to income tax slabs, here is a list of some of the key announcements that will have a direct bearing on personal finance - Citizens...
How will the Account Aggregator Framework benefit us?
When Mahesh wanted to buy a home and take a housing loan, he spent a lot of time and effort. It was not just deciding the house to buy but the logistics of collecting documentation such as bank statements, tax information, identification proofs and more too. These...
Protect your finances from cybercrime
People were being lured to a webpage with the promise of getting three times return on their investment in binary trading. They had to scan a QR code and send money to an account. Once the money was sent, the owner of the webpage disappeared into thin air. The Delhi...
Women and money post the pandemic: Break free from your financial limitations
Exhausted with the word pandemic? Want to leave the last two years behind like a bad dream? We all are in the same boat. COVID brought our lives to a standstill, and we want to get on with life. But what about your personal finance? Most studies indicate that women...
How does Budget 2022-23 affect me?
The Finance Minister Nirmala Sitharaman presented the budget for the financial year 2022-23 on February 1. While there are no changes to income tax slabs, here is a list of some of the key announcements that will have a direct bearing on personal finance - Citizens...
How will the Account Aggregator Framework benefit us?
When Mahesh wanted to buy a home and take a housing loan, he spent a lot of time and effort. It was not just deciding the house to buy but the logistics of collecting documentation such as bank statements, tax information, identification proofs and more too. These...
Protect your finances from cybercrime
People were being lured to a webpage with the promise of getting three times return on their investment in binary trading. They had to scan a QR code and send money to an account. Once the money was sent, the owner of the webpage disappeared into thin air. The Delhi...
Antoine de Saint-Exupéry
A goal without a plan is just a wish!
