10 reasons why you should get out of debt

It doesn’t take rocket science to understand that being in debt is not good for your financial health. Yet, lot of us fail to act and fall into the cycle of loans & EMIs. While we often treat debt as a financial problem (which it rightly is), it can impact other aspects of life too.Here are  some reasons for why you should try to  get out of debt as soon as possible, in case you are stuck in a debt trap.

Read More

Read More
Advertisements
Advertisements

10 tips to save money during vacation

Taking a vacation is rarely an inexpensive proposition. And while it is important to enjoy the vacation it can be an amazing thing if you are able to save money during vacation & not miss out on the enjoyment part too! Here are 10 tips to save money during vacation!

Read More

Wonders of compounding – How much difference can 10 years make?

While initial capital (principal) and rate of interest are important in compounding process, the thing that actually makes it well wonderfully well is – time. Give it enough time, and see the wonders of compounding! Few years difference can make a huge difference in your compounding journey. How much difference can a head-start of 10 […]

Read More

Tax saving options under Indian Income Tax Section 80C

Section 80C under the Income Tax act of India provides several avenues to save tax. Currently an individual can get tax exemption up to Rs. 150,000 by investing in these instruments. Some of the tax saving options under Income Tax Section 80C in India are PF, PPF, ELSS, NSC, SSY, home loan principal repayment etc.

Read More

What are your FIRE assumptions?

Are you looking to achieve FIRE – some time not in too distant future? Then you would probably have number at back of your mind. This calculations will rest upon some assumptions. – which may or may not always be true. What are some common FIRE assumptions?

Read More

How compound interest works – for you and against you?

Compound interest is a powerful thing. If done well, the compounding machine can work wonders for your life. If not, compounding can work against you. Read more on how compound interest works – for you and against you

Read More

The risk in not investing in equities

While equities (including mutual funds) have historically given good returns in a long time horizon. they come with a risk. However, while there is a risk associated with investing in equities, there is a risk associated with not investing in equities also.What are the risks of not investing in equities?

Read More

5 tips to avoid lifestyle inflation

Lifestyle inflation is the rise in your expenses when your earnings go up. So when you get a pay hike, or switch to a better paying job or get an unexpected (or expected) bonus, your lifestyle has a tendency to upgrade. If your lifestyle in inflationary, your new expenses are likely to eat up any […]

Read More

5 underestimated financial risks in early retirement

As a F.I.R.E. aspirant, you make certain assumptions about your post-retirement life, but do you plan out for unforeseen circumstances or eventualities that may arise? Are you aware of the possible financial risks in early retirement?

Read More

Real cost of buying a home for investment

Real estate has been one of the most popular investment options among people. People buy it either for living or as an investment. Among other things such as rental income & price appreciation, the pride and satisfaction of owning a home is one of the reasons why people invest in real estate. However, what is […]

Read More