The relationship between risks and returns is like that of roses and thorns. One is a treat to the eyes and the heart, while the other will leave you with cuts and pain if you’re not too careful. Risk and expected returns go hand in hand. High risks do not guarantee high returns. But as …
Good Things come to those who wait! Remember how as teenagers everyone from your group of friends contributed money to buy a cake/gift? When it comes to mutual funds, we don’t just buy the cake and give it to our friend. We purchase units of a fund and wait for it to increase its value …
A friend of mine recently took a home loan worth ₹25,00,000 at 7% p.a. for a period of 10 years. She shifted to her new place and was super excited about the fact that she had a space that she can call her own. While I was happy for her, but being a ‘concerned’ friend …
Managing money is like preparing for a test. To prepare for an exam, we check the syllabus to be covered, study the concepts, practice the topics relentlessly, and then brace ourselves to appear for the battle. But sometimes, even after all the hard work, we fail to achieve the results that we expected. What do …
How much money is enough money? One of the most typical question that irks us while we are at our working age is, “Am I earning enough?” No matter how high our earnings are, they never seem to be sufficient. There will always be another car to buy, another foreign trip to go on, or …
Remember those long, sleepless nights that we spent writing projects and assignments? Spending our days learning mathematical formulae and historical dates, which we later learnt weren’t of much help in practical life. Now as an adult, neither do we use a compass to make round rotis, nor do we measure the volume of our water …
Today, there are three kinds of people: “the haves, the have-nots, and the have-not-paid-for-what-they-haves.” -Earl Wilson Borrowing allows a person to consume beyond their level of capacity. However, nobody can borrow for an indefinite period of time since unsustainable levels of borrowing will land you in a debt crisis. If not managed properly, borrowings can …
Switch on the TV and you will see at least one advertisement for you to take an insurance policy. Remember ‘Sar utha ke jiyo’ and ‘Zindagi ke baad bhi, zindagi ke saath bhi’? Most parents take a couple of insurance policies for securing our futures. Insurance is basically that friend of yours who is there …
All of us have that one relative, friend or acquaintance who is in constant need of money to repay their debt. But, surprisingly they always have the latest amenities, products and services that are launched in the market. These people usually take advantage of a benefit that has been extended to us by financial institutions- …
What do you do when you want to take a nice and comfortable vacation? You decide where, when, and for how long you want to go. Then, you make all the necessary arrangements like travelling, accommodation, budgeting, curating the itinerary, and other essential requirements. This hectic but useful process is called planning. Now, many of …