Financial Planning

Financial Planning For Senior Citizens

Financial Planning For Senior Citizens

2023 Guide to Financial Planning for Senior Citizens in India: Invest Smartly and Maximize Your Returns! As India’s population continues to age, financial planning has become an increasingly important aspect of senior citizens’ lives. With rising costs of healthcare, housing, and other expenses, it is crucial for senior citizens to be financially secure to maintain …

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Difference Between Budgeting and Planning

What is the Difference Between Budgeting and Planning?

Different aspects of financial management can have different purposes. Planning involves setting goals and objectives, identifying resources and strategies needed to achieve those goals, and establishing timelines for completion. Budgeting, on the other hand, is the process of allocating resources and creating a financial plan to achieve those goals, often involving the creation of a …

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how to save money in 30 days

What is the 30 Day Rule? Saving Money, Buying & Selling Stock

The 30-day savings rule is a personal finance technique that involves putting money aside for 30 days to develop an emergency fund or save for a specific goal. The concept is that by saving a tiny, manageable amount instead of impulsive buying, you can gradually accumulate a considerable savings without feeling overwhelmed by the expense. …

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Financial Planning Tips For 2023

Best Financial Planning Tips For 2023

With a fresh market outlook update, our analysts and experts look ahead to 2022’s trends for stocks, bonds, and funds. In spite of the pandemic’s negative effects and other impending uncertainties, deal activity in India reached a record high in 2021 and surpassed pre-COVID levels. However, Several indicators point to a possible global recession in …

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Save Money For Christmas

5 Things You Can Do to Save Money For Christmas

Christmas is a time of year when many people think about their finances. Whether you are looking to save money on Christmas gifts or you are trying to plan for the future, there are a few ways you can go about financial planning during the holiday season. Here are some tips to help you have …

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RULE of 72

RULE of 72: Layman’s Tool To Calculate Time To Double Your Money

Rule 72 – It is a name of a simple way for finding the time period required to double your money at certain interest rate per period (e.g., per year). It is mostly use for mental calculations or when only simple calculator is available for calculations. Basically, It is used for estimating an approximation of …

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Financial Freedom Secrets

Financial Freedom Secrets that Will Shock You Beyond Your Imagination

1) If your standard of living is Rs 25,000 per month, you need an SIP of Rs40,000 to be financially free in 10 years. 2) If your standard of living is 50,000 per month, your SIP rises to Rs 80,000 per month. 3) For Rs 1 lac per month standard of living, SIP is Rs …

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Chhath Puja Financial Blog

Let Your Financial Demons Be Washed Away on this Chhath Puja

Celebrated in reverence to the Sun God, the festival of Chhath Puja is performed to  thank Lord Surya for sustaining life on earth and to seek blessings from him for  good health and prosperity. On this day, the women of the house offer prayers to  the Sun god dipping into the holy waters of the …

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Financial Planning Vs Financial Management

Difference Between Financial Planning and Financial Management

Introduction When it comes to financial management and financial planning, there is a big difference between the two. Financial management is the process of monitoring and controlling a company’s financial resources. Financial planning, on the other hand, is the process of creating a plan that will help you achieve your financial goals. If you are …

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Wealth Creation For Salaried Person

Best Wealth Creation For Salaried Person

Most professionals look forward to receiving that crucial text message on the last day of the month notifying them that their bank accounts have been credited with their salary. Most people consider their salary income to be a ticket to spending and meeting their monthly EMIs. As salaried employees in India, different investment options exist …

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