The general public who have had large and unexpected expenses can probably testify one of the two things: how grateful they were for having an emergency fund or how troublesome it was to find the money they suddenly needed. As with most finance-related topics, preplanning is an important factor in successfully preventing the situation we … Read More “Importance of Emergency Fund” »
Author: Stuti Patni
E-filing is the process of filing income tax returns or ITR by using the internet. The procedure is quick, easy and can be completed in the comfort of an individual’s office or home. E-filing an ITR can also help in saving up money as you would not have to hire an individual to file ITR. … Read More “How to file taxes online?” »
Gold Exchange Trade Fund Gold ETFs Gold Exchange Trade Fund are open-ended mutual fund schemes that are based on the fluctuating cost of gold. However, physical gold does not generate any income. Moreover, the making charges of physical gold are high. Gold ETFs give investors exposure to the Gold Market and they are an excellent … Read More “Gold ETF vs Gold Mutual Fund vs Sovereign Bonds” »
Becoming a parent is the most life-changing event that many will experience. When you are getting ready to embark on this exciting as well as a scary new adventure, being prepared is essential. Before the baby arrives and also in the weeks later, it is very helpful to be ready for the financial changes that … Read More “Finance Tips for New Parents” »
Cryptocurrency is a digital or virtual currency that is secured by Cryptography, which makes it almost impossible to counterfeit or double spend. A lot of cryptocurrencies are decentralized networks based on blockchain technology, that is, a distributed ledger that is enforced by a disparate network of computers. A key feature of cryptocurrencies is that they … Read More “Ethereum – All you need to know” »
Retirement a new phase of the life of an individual is opened up. You can check off things from my bucket list since you have the time now and for doing so you need adequate fun so that you don’t have to compromise on your lifestyle during those post-retirement years. In the absence of a … Read More “Different Types of Pension Plans available in India” »
The National Pension Scheme (NPS) or also known as the National Pension System is open to all the employees from the public sector, private sector, and the unorganised sector except for those who work in the Armed Forces. It is a long-term investment plan for retirement under the regulations of the Pension Fund Regulatory and … Read More “What is the National Pension Scheme (NPS)?” »
An education loan or student loan is taken for high educational purposes from the banking institution for pursuing a career goal. This loan can be taken for any course that an individual wish to take after completing class 12 or the equivalent. Similar to any other loan, once the student starts earning, they can start … Read More “What is Student Loan and how can Tax Exemption be taken from it?” »
An account statement or a bank statement is a document that is issued by a bank that describes the activities carried out in the depositor’s savings account or current account during the course of time. The account holders can keep a track of their transactions and accounts through the bank statements. Typically, a bank statement … Read More “What is a Bank Statement and How Do I Read It?” »
In the investing world, a correction is defined as a decline of 10% or more in the price of a security from its most recent peak. These corrections can happen to individual assets, like an individual stock or bond, or to an index measuring a group of assets. An index, asset or market might fall … Read More “Things You Need to Know About a Stock Market Correction” »