3 questions to ask before doing asset allocation

Different people can have different asset allocation strategies. And all these can be right at the same time. You need to choose the asset allocation strategy that best suits your needs. What are the different asset classes you can invest in? And what is the ideal asset allocation strategy?

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How much money is needed to achieve partial financial Independence in India?

Partial financial independence is a good first step towards complete financial independence (and early retirement, if that interests you!). Getting your numbers and assumptions right is a good first step towards it. This number may be different for different people based upon current savings, expenses, planned major expenses/ life goals and planned “life after partial financial independence”.

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Should you invest in Voluntary Provident Fund – VPF?

(Before we begin – PF = Provident Fund, EPF = Employee Provident Fund, VPF – Voluntary Provident Fund, PPF – Public Provident Fund) If you are a salaried employee in India, chances are that you would be contributing a chunk of your income towards your PF – Provident Fund. Currently, any company with 20 or […]

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How much money is needed to be financially independent in India?

How much money is needed to be financially independent? It depends primarily upon your lifestyle needs and financial goals. Someone with an extremely frugal lifestyle and no major financial goals would need less. For someone with an extremely lavish & flashy lifestyle, nothing would suffice.

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10 reasons why people take personal loans

Running short of cash and the need is immediate? Dan’t worry, there is always a personal loan in the offing. Personal loans are, of late, not too difficult to access if you have a relatively stable source of income. In fact lot of banks & NBFCs have made a good business out of selling personal […]

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10 lifestyle traps that you should be wary of

Chasing lifestyle may be good for your self esteem, but chasing it indiscriminately without worrying much about your finances can soon put you on the road to financial doom. Unfortunately, this can happen even if you have lot of money to begin with. It is not uncommon to hear of celebrities occasionally going bankrupt. Isn’t […]

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