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...
A Step by step guide to filing your Income Tax returns online
Executive Summary: Filing Income Tax Returns online has been possible for many years. In case of complexities, you can take the help of a professional. If it is a more simple and straightforward filing, you can use the online mode of filing returns by yourself. This...
Tell me about the Greece Crisis
Executive Summary – The crisis in Greece has reached epic proportions and there can be some serious repercussions if Greece is declared bankrupt or leaves the eurozone. Here is a brief summary on the crisis in Greece and the current situation. Download PDF...
“Financial Lies” that we tell ourselves
EXECUTIVE SUMMARY: We promise to save money at the end of month – this is one of the biggest lie in the financial world. There are many who fool themselves by saying they can’t afford to save money. If this is true then they are making their path...
How do you deal with rising foreign education costs?
Executive Summary: Education costs abroad have witnessed an exorbitant increase over the past couple of decades. Changes in exchange rates can make foreign education even more expensive. It is important to plan for this goal well in advance. Estimating the corpus...
How to manage finances “Being Single”
EXECUTIVE SUMMARY: It’s always a challenge to manage finances either being single or as a couple. However there are some unique challenges which only “Singles” has to face while managing money as there is no one to fall back on. Here are few tips on...
Book Review – One Up on Wall Street
We bring you our review of the book 'One Up on Wall Street' written by Peter Lynch, the vice chairman on Fidelity Management and Research Company. He is a very successful investor. Download PDF of this article here Investing is an art and science. You need to spend...
The SIP formula for Mr & Mrs retired
Post Retirement period obviously means a cautious outlook and often conservative investments. The retirement corpus hardly gets invested in Equity Mutual Funds. Given the inflation and longevity being the real challenges, it would be helpful to leverage equity asset...
How do you deal with rising foreign education costs?
Executive Summary: Education costs abroad have witnessed an exorbitant increase over the past couple of decades. Changes in exchange rates can make foreign education even more expensive. It is important to plan for this goal well in advance. Estimating the corpus...
How to manage finances “Being Single”
EXECUTIVE SUMMARY: It’s always a challenge to manage finances either being single or as a couple. However there are some unique challenges which only “Singles” has to face while managing money as there is no one to fall back on. Here are few tips on...
Book Review – One Up on Wall Street
We bring you our review of the book 'One Up on Wall Street' written by Peter Lynch, the vice chairman on Fidelity Management and Research Company. He is a very successful investor. Download PDF of this article here Investing is an art and science. You need to spend...
The SIP formula for Mr & Mrs retired
Post Retirement period obviously means a cautious outlook and often conservative investments. The retirement corpus hardly gets invested in Equity Mutual Funds. Given the inflation and longevity being the real challenges, it would be helpful to leverage equity asset...
Antoine de Saint-Exupéry
A goal without a plan is just a wish!