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Even if you are smart with money matters, there may be times when your finances are strained and you might need a little help to get over your fund needs. Though the first source of financial help can be family and friends, the fact is that even they cannot help in case the required amount […]

In this article we review Edelweiss’ web based trading platform ‘Trader’s Lounge’. To appreciate the benefits of this product, let us first understand the current pain points or the not so good experiences of the traders. While traders execute trades through the broker’s website, the trade execution speed is nothing like that of a broker’s […]

Life insurance answers to the scariest of all questions – ‘What if I die tomorrow? If your life is covered, you do not have to worry about any financial distress of your family members.   However, have you ever wondered what will happen to you and your family if you are alive, however not able […]

Ramesh (25 year old individual) applied for a term life insurance plan for a sum assured of Rs. 1 crore. In the application form, Ramesh declared good health and that he wasn’t suffering from any illness. After a couple of days, Ramesh was shocked to know that the life insurance company declined his life insurance […]

When the National Pension System (NPS) first became available over 6 years ago, there was not much interest shown by the potential investors. The main reasons for the lack of interest were the complexity of opening an account and the tax treatment that the maturity benefits entailed. Even in the budget last year (2015), the […]

Upon retirement, most individuals lose the comfort and security of a regular and steady income. While you are working and earning, you establish a certain standard of living and constantly strive to better your position. Maintaining this standard of living post-retirement is a challenge to say the least. To manage your finances effectively after retirement […]

Today children have many career options to choose from. While the conventional ones include IT, engineering, medical, banking and financial services, entrepreneurship etc., others include sports, acting and allied artist roles etc. Whatever be the child’s aspiration, education forms the fundamental platform to achieve it. So, as a parent: Have you spoken to your little […]

Hello, reader! Want to pursue higher education? Or buy your dream home in future? A loan helps you fulfill all these dreams. Applying for a loan is quite easy. Banks are more likely to consider your loan applications, but there are times when they may not. However, you need not worry. Remember these 7 dos […]

Owning a new house gives one a great sense of freedom, pride and responsibility. The house-hunting process and choosing your favourite colours on paint charts can be an overwhelming life experience. It is that stage of life in which you and your family decides to invest in a new house - emotionally and financially. The […]

Retirement is the time in your life when you have fulfilled all your responsibilities and is the time to reap the benefits of your hard work. The most important goal while planning for your retirement is to ensure you enjoy the same financial independence that you currently have. Based on one’s current age, planning for […]

Term plans are often included to mitigate financial risks in case of sudden death. Although, this is important, most people overlook the importance of regularly assessing their insurance coverage requirements. As your situation changes, individuals are advised to revisit their term plans and if considered necessary, they are advised to increase coverage. Here are some […]

Life expectancy has been greatly increased, thanks to rapid advances in modern medicine. Unfortunately, living longer does not necessarily imply living healthier. Increased urbanization has also ushered in an era of sedentary lifestyles, with high stress levels and unhealthy eating habits. This has led to a rise in lifestyle diseases and other ailments, even among […]

The National Pension Scheme (NPS) that was launched in 2009 has been widely discussed since the budget in February 2015. The main reason for this increasing interest is due to the various tax benefits available under the plan. Before discussing the tax benefits, it will be beneficial to understand the basics of this pension plan. […]

In May 2009, the National Pension Scheme (NPS) was opened to all citizens of the country including the workers from the unorganized sector. This scheme allows individuals to invest in Tier I or Tier II accounts.   Tier I account holders are not allowed to withdraw money until they reach the age of 60 years. […]

Achieving financial independence is the primary goal in almost every person’s life. However, not all are able to achieve this for several reasons. To help individuals like you to achieve this goal, below we discuss ten personal finance lessons. 1. Start Early Starting early is very important. Most people at the beginning of their careers […]

What are they? Behavioural finance is a field of finance which proposes theories based on psychologically based stock market anomalies. In this method, it is assumed that the information, structure and the characteristics of the market and its participants is influenced systematically. The investment decisions and the outcomes of the decisions are in a structural […]

WealthPack, a financial technology startup based in Gurgaon has launched a fully automated expense manager. Co-founded by three former investment bankers, WealthPack aspires to radically alter the personal finance landscape in India by changing the way people manage their money. The team understood that only by maximizing one’s savings in a consistent manner can long term […]

Indian economy on smooth and steady growth path The year 2014 marked a new dawn for India. After many years of coalition governments, the Indian voters elected a BJP government with absolute majority under the leadership of Prime Minister Mr. Narendra Modi. Along with a stable government at the centre, in the year 2015 a […]

Securing the future of your family is a necessity as life is unpredictable and you never know what may happen in the next moment. A life insurance policy comes in handy at this moment as it ensures that your family will be taken care of in case anything happens to you. Purchasing online life insurance […]

With the help of internet and other technological innovations, the banking sector has also grown widely along with other sectors. It now provides easy, convenient and paperless online transactions. The facility of conducting financial transactions online saves your energy as well as the time that you earlier spent at the bank or any retail center […]