Are Home Loan Insurance Products Failing You?

Death in the family brings not just emotional trauma but can also bring financial agony to the family. If the deceased was the primary breadwinner, the family can struggle financially unless the deceased had bought adequate life insurance coverage. If the deceased had taken a home loan, the loan needs to be repaid too. Since… Continue Reading

Get Your Insurance Portfolio Right

Covid-19 infections are on the rise again. Many of us are under great stress for various reasons. A series of “What ifs” constantly overwhelm our minds. During such times, it is easy to appreciate the importance of adequate insurance in our portfolios. An insurance plan helps you ringfence your finances from potential shocks. In fact,… Continue Reading

Are You Planning to Make a Tax-Saving Investment?

The tax-saving season is round the corner. Are you still running around to finalize tax-saving investments? Well, there are so many ways to save tax. There is PPF, EPF, NPS, ELSS, LIC policies, ULIPs, 5-year FDs, life and health insurance plans, pension plans and many more. In this post, I do not intend to discuss… Continue Reading

Medical Loan vs. Health Insurance

We know that Financial institutions can do many things to sell their products. However, they refrain from codifying their thoughts or practices in an article or a blog post. Therefore, even though they indulge in many dubious activities to sell, they don’t write about it. I recently came across an article on the website of… Continue Reading

Budget 2018 Highlights

The Budget 2018 was presented on February 1, 2018. The Finance Minister did not propose any changes to the income tax slabs and tax rates. However, much needed relief was granted to senior citizen tax-payers. There were a slew of other relief measures for senior citizens. However, the biggest setback has come to equity investors, where the… Continue Reading

Financial Habits That Can Spoil Your Future

Many times, we focus on things to do to improve our long term financial health. In this post, let’s discuss some of the financial habits that are likely to affect your long term financial health adversely. These habits can affect you in many ways. You may not be able to invest enough. You may not… Continue Reading

10 Retirement Planning Tips

Planning for retirement is one of the most important financial goals for anyone. During your working years, you need to ensure that your lifestyle does not suffer during your retirement. Here are a few tips that you can use while planning for your retirement. 1. Set a CORRECT retirement corpus target. It is not easy to… Continue Reading

5 Health Insurance Myths Busted

When you are chalking out a financial plan for yourself, health insurance is one aspect that features prominently. With cost of quality healthcare rising sharply (partly because of health insurance itself), a prolonged hospitalisation can deplete your long term financial health. An adequate health insurance cover can provide good cushion to your finances in such… Continue Reading