Capital protection or capital growth?

What is your purpose of investing – Most of the answers to this question can lead to one of the following – capital protection and capital growth. Which goal should you be chasing?

Read More
Advertisements

7 reasons why people find it difficult to save money

Saving, and subsequently investing is the first step towards your financial goals.  Yet, many of us find it difficult to take this first step. This is arguably more common among people who have just started earning, but it is not uncommon to see people who are well established in their career unable to save! What are key reasons why people find it difficult to save money?

Read More

10 practical tips for youngsters to save money

It’s easy to say – save money. But it is not always as easy to actually save money as giving advice to save money is! Without much conscious efforts in budgeting and understanding your spends, you are unlikely to save much. Or worse, you may fall into a debt trap Here are 10 practical tips for youngsters to save money.

Read More

How can PPF help your money grow?

Public Provident Fund – or PPF can be a wonderful instrument to get assured, long term and tax free returns. And as we can see subsequently see in this article, PPF can help your money grow and compound in quite an amazing way. (Related article – Should you invest in PPF? ) PPF falls under […]

Read More

10 tips to avoid getting into a debt trap

Love for debt (and EMI driven lifestyle) can be detrimental to your financial life.  It can make compounding work against you and may deter you from reaching your financial goals. Hence, it is important to avoid getting into debt trap if one is aiming for financial independence or partial financial independence. Here are 10 tips to avoid getting into debt trap.

Read More

Tips to get out of debt

Debt, more often than not, is bad for your personal finance. The burden of servicing debt and paying your EMIs can make compounding work against you. Being in debt can make you pay a much higher price than you ought to be and have a long term implications on your financial journey.But if you have debt, and multiple types of debt, how do you get out of it? Here are some tips to get out of debt.

Read More

Financial Independence versus Financial Freedom

Are financial independence and financial freedom the same thing? While they are often used interchangeably, and there might be lot of overlap, they are not essentially the same thing. If you do a basic Google search, you may find varying accounts of both of these – financial independence as well as financial freedom. The assumptions […]

Read More

Prerequisites before aiming for financial independence

Want to become financially independent (or partially financially independent? ). There is no magic wand but to earn decently, save & invest well and keep expenses low. Doing this, you may reach closer (at your own pace, depending upon your pace!). However, before beginning the journey towards financial independence, there are certain prerequisites, that you […]

Read More