If you have ever been in a situation where you are in search of the loan that will offer you very flexible terms of payment, while at the same time giving you cost effective solutions for many types of financial problems, what I have come to see as t
finance (5)
Whenever you invest to build a corpus, invest on regular intervals and always go for compound interest.
For example Rs. 10000/- invested monthly @10% compound interest will become 7.80 lacs in 5 years. and if rate of interest is 14%, it becomes 8.72 l
1. Fixed Deposit : 9 % to 9.5%
2. Gold: 12% to 15%
3. Real Estate - 15% to 18% (investment horizon 5 years)
4. Equity (Stock) - 15% to 22% (need regular watch on market and support from financial advisor.
Categorized your expenses in 3 categories: Need, Wants and Luxury.
For example, grocery is need, seeing movie is want and seeing movie in multiplex on recliner chair is luxury.
In today's scenario, 50% of expenses are on luxurious items. If you cut it
Traditionally, it is observed that female members in most families are not given importance when it comes to taking financial decisions /planning.
In contemporary world, in almost every family, at-least one female member is working / earning member a