Knowledge and trust which one is important when taking financial advice Reliable financial advice has become increasingly crucial in today’s fast-changing market situations or complex financial schemes. Whether you want to secure your financial future, seeking professional guidance is essential. This introduction will explore the importance of financial advice and highlight why it is vital […]
Why is it important to check the claim settlement ratio when purchasing life insurance? As usual, I was reading the Odiya Daily Newspaper after my morning walk today. Recently, a life insurance company branch faced legal action in Odisha for failing to provide claim settlement money to a family. Due to a court order, the […]
Have you ever wondered why it’s called “Personal Finance”? In today’s fast-paced and ever-changing world, understanding personal finance has become more crucial than ever. But what exactly is personal finance, and why does it matter? Personal finance includes managing an individual’s financial resources, including income, expenses, savings, investments, and debt. It encompasses our decisions and […]
Latest Post Office Small Saving Schemes Interest Rates for Oct-Dec 2023 | Q3 of FY 2023-24 The National Savings Schemes are a range of government-backed savings options highly favoured by many Indians seeking secure investment opportunities. The Ministry of Finance monitors and regulates the schemes, guaranteeing investors peace of mind. NSSs are an excellent option […]
The Six Most Common Personal Finance Mistakes I have been practising financial planning for the past 14 years. Despite having over 25 years of experience in financial planning and wealth management, I have assisted my clients as our company’s chief financial planner, SmartMantra Financial Services Pvt. Ltd. In my professional journey, I have been fortunate […]
The Power of Diversification: Why Investing in a Variety of Assets is Crucial for Long-Term Success In investing, diversification is a concept that holds immense importance. The strategy aims to reduce risk and maximize investment returns by spreading investments across different asset classes. By understanding the concept of diversification, investors can effectively manage their investment […]
Goal-Based Investing: How to Achieve Financial Success by Aligning Investments with Your Goals Financial planning has become more critical than ever in today’s fast-paced world. As individuals, we all have unique dreams and aspirations that we strive to achieve. Whether buying a house, funding our children’s education, or planning for a comfortable retirement, our financial […]
4 Reasons Why Millennial’s Daily Friends Isn’t the Right Choice for You Personal loans and credit cards have become the trusted companions of millennials in their daily lives. These financial tools offer flexibility and convenience, empowering individuals to meet their needs and quickly achieve their goals. With personal loans and credit cards, millennials can pursue […]
5 Compelling Reasons Why You Should Hire a Financial Planner for Your Financial Success Managing money effectively and achieving our financial goals can be daunting in today’s complex financial landscape. This is where the expertise of a financial planner comes into play. A financial planner, also known as a financial advisor, is a professional who […]
The Art of Balancing Saving and Enjoying Life: A Guide for Millennials The millennial generation faces a unique dilemma – the struggle to balance saving money for the future while enjoying life in the present. With many financial decisions to make and a desire to live their best lives, millennials find themselves caught between the […]