Overview Of Health Insurance: One report says that medical insurance has the highest inflation, which can be anywhere from 12% to 14%. Healthcare costs have risen by 150% in the last 10 years and are estimated to not slow down anytime soon! Such a double-digit hike in price annually will cost you a lot more …
What Should You Look for When Buying Health Insurance? Read More »
Investing in your 30’s Investing in your 30s might actually be a good thing, especially for early in your career, because you are in the prime of life for building the kinds of wealth that can power the rest of your life to build a solid and well-diversified investment portfolio before retirement. Every year, the …
What is FIRE Moment? Independence in terms of money The goal of the Financial Independence, Retire Early (FIRE) movement is to retire before age 60 by saving and investing a certain portion of one’s income. If you’ve got enough money saved up to pay for everything you’ll need in retirement, including inflation, then you’ve made …
Why do Indians Prefer Owning Homes? In India, owning a home is frequently associated with a sense of pride, status, and accomplishment. That is the reason, Indians own most of their wealth in physical assets such as Real-estate, Gold & Silver. In fact, over 84% of India’s wealth is in real estate. From a simple …
Why Start in your 20s? You can never be too young to start planning for your financial future. A great time to get your career off to a great start is now, regardless of how far along you are in your profession. There’s no certain way to get money quickly. But instead of fantasizing about …
What is Personal Finance? Money management, savings and investments, tax preparation, and retirement preparation are all subsets of personal finance. Budgeting, mortgages, insurance, and other banking procedures are also included. You might think of personal finance as the realm of goods and services that help you make educated decisions about your money so you can …
Five (5) Financial Ratios To Help With Our Budgeting; Read More »
How to Invest at Any Age? For most people, learning how to invest is an important part of their retirement planning process. After all, how you spend your post-work years depends on how much money you have saved and invested in the decades leading up to your retirement. When you’re in your 30s and 40s, …
What’s A Personal Loan? Any time an individual takes out a loan to meet a specific personal financial need, such as funding an investment in a business, the loan is considered a personal loan (sometimes called a consumer loan). Personal loans may be used for a variety of purposes, with payback terms ranging from short-term …
Five (5) Types Of Personal Loans And Their Feature You Must Know! Read More »
What is Debt? Personal debt is a debt for which you, as an individual, are legally accountable. In this context, “personal” simply means “non-business,” as when you and your spouse take out a loan to buy a house, car, educational loan, etc. Individual debt can also be either secured or unsecured. When you put up …
Trading as A Source of Income: It is possible to “day trade,” or purchase and sell many securities during a single trading day or even within a single trading minute, hour, day, week, month, and a swing of sessions. Nothing about investing in the conventional sense is involved. Because, trading makes use of the normal, …
