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 […]
Why Knowing Your Mortality Cost is Essential? Regarding financial planning, it’s crucial to consider several factors that can ensure a secure and stable future. One of these factors is the concept of mortality cost, which plays a significant role in life insurance, estate planning, and retirement planning. Mortality cost refers to the financial impact associated […]
How to Make Better Financial Decisions Making wise financial decisions is essential for both individuals and families. Managing our finances is crucial in a world where money plays a significant role in our daily lives. Every decision we make regarding our finances, whether budgeting, investing, or planning for the future, can affect our financial well-being […]
One crucial tool often gets overlooked in the quest for financial success: the personal budget. While it may seem mundane or restrictive, having a well-crafted budget is the cornerstone of effective money management and financial planning. It empowers individuals to take control of their finances, make informed decisions, and pave the way for a brighter […]
Have you had any experience creating a solid event plan in your cities, such as a marketing or big music event plan? Then the event budget was reduced, or the star singer canceled the music event for some reason. The event plan you put so much time and effort into became worthless and useless. Or […]
Saving for child education is the priority for Indian families without considering the impact of education inflation. Most parents start saving with the low-interest bearing product or making investments on an ad-hoc basis. Rather than creating ad-hoc savings, it would be best if you implemented a plan to meet a child’s higher education needs. […]
Choose wisely! In 2015, I interacted with one of my inquiries for the financial planning service the other day. It was a summer day at Bhubaneswar. At the same time, I have just completed four years as a CFP Professional practitioner. Yes, that time was the most struggling period for me to establish myself as […]
5 Reasons Why A Financial Plan Is Important Many of us have specific financial goals that we aim to achieve. These goals may include buying a home, setting up a fund for our daughter’s marriage, saving for our child’s higher education (such as MBA, MBBS, Engineering, etc.), designing a debt management strategy, planning insurance, and […]