Financial Checklist for 2018
Executive Summary: We have provided a checklist of items to do each month of the year. It can be used to streamline your financial life and help you achieve your financial goals. The checklist includes creating a budget, managing changes in income, reviewing...
Personal Finance Mistakes to Avoid in 2018
Executive Summary: We will be in the new year soon. Let us look at some of the mistakes to avoid in personal finance so that 2018 is Happy and Prosperous. The mistakes to avoid include wasteful spending, less savings and inappropriate investments, no emergency fund,...
Book Review – Why Smart People Make Big Money Mistakes… and How to Correct Them : Lessons from the Life-Changing Science of Behavioural Economics’
Executive Summary- 'Why Smart People Make Big Money Mistakes... and How to Correct Them : Lessons from the Life-Changing Science of Behavioural Economics' is a book that concentrates on the emotional and behavioural aspects of personal finance. The book touches upon...
5 Ratios To Understand Your True Financial Health
It is important to have an objective and transparent view of one's financial health. Financial ratios like liquidity ratio, debt service ratio, solvency ratio, savings ratio and investments to net worth ratio help to understand the true picture one's personal...
Surrender Value of Insurance Policies and Tax Implications
Executive Summary – Insurance products can be surrendered. The surrender value is calculated based on premium, sum assured, number of premiums and bonus. Surrendering an insurance policy has tax implications like reversal of deductions claimed in the...
Reduce Costs To Run a Financially Efficient Small Business
Download PDF Are checking your business regularly? It is important for small businesses to be financially efficient. This will help them to grow faster and also contribute to the economy positively. Here are some ways to bring in financial efficiency - Use...
Ignorance is Bliss!.. Not in Personal Finance
Executive Summary – Ignorance of personal finance matters can have far-reaching negative consequences in one's life. Ignorance of investment planning, taxation and forgetting to pay insurance premiums, monthly dues and credit card bills can affect our finances....
11 ways to reduce insurance costs
Executive Summary: Insurance costs can constitute quite a significant part of your annual expenses, if not considered carefully. Some ways of reducing your cost of insurance are by comparing before purchasing, opting for online policies and annual payment frequency,...
All about Gold Monetization Scheme!!!!
Step 4 – Once the account is opened, KYC and other verification with the Hallmarking Centre is done, the bank will then issue a gold deposit certificate which will contain information regarding tenure, interest rate, principle amount, etc. Tax...
Reduce Costs To Run a Financially Efficient Small Business
Download PDF Are checking your business regularly? It is important for small businesses to be financially efficient. This will help them to grow faster and also contribute to the economy positively. Here are some ways to bring in financial efficiency - Use...
Ignorance is Bliss!.. Not in Personal Finance
Executive Summary – Ignorance of personal finance matters can have far-reaching negative consequences in one's life. Ignorance of investment planning, taxation and forgetting to pay insurance premiums, monthly dues and credit card bills can affect our finances....
11 ways to reduce insurance costs
Executive Summary: Insurance costs can constitute quite a significant part of your annual expenses, if not considered carefully. Some ways of reducing your cost of insurance are by comparing before purchasing, opting for online policies and annual payment frequency,...
All about Gold Monetization Scheme!!!!
Step 4 – Once the account is opened, KYC and other verification with the Hallmarking Centre is done, the bank will then issue a gold deposit certificate which will contain information regarding tenure, interest rate, principle amount, etc. Tax...
Antoine de Saint-Exupéry
A goal without a plan is just a wish!