7 common mistakes that people make when it comes to Life Insurance
Most people start their personal financial journey by thinking about where to invest. But at the foundation of a secure financial future lies protection – protecting one’s ability to earn an income in the future. Hence whenever we meet new customers, one of the first things we try to do is understand how well their future incomes and existing wealth is protected. Insurance of various kinds is the ideal way
Seven common mistakes people make when planning for health insurance
Last week, we wrote about how most people start their financial journey by thinking about where and how to invest. The right place to start any personal financial journey is not Investing but Protection and by ensuring that existing assets and future incomes are protected against any untoward event. While the previous article spoke about the importance of Life Insurance and the mistakes that people make while taking it, there is another
Money lessons to be learnt from the women in our lives
Our behaviors towards money and the money decisions that we make at various junctures in our life are influenced by our experiences at a formative level, right from childhood. Am sure that this comes as no surprise, after all, money experiences are also a part of the various influences that form us through our life. Where I see a bit of a twist is that while my family was a
3 easy ways to know if your financial advisor is good for you
In a recent article, we shared 3 simple approaches that can help you determine whether you need a financial planner/advisor. But once you decide you need one (or already have one), how do you know whether he or she is giving you your money’s worth, if not more? Personal Finance advisors who manage money range across a broad spectrum of names. A few of these are Financial Advisor, Investment Consultant, Wealth
With even banks failing, which asset class is safe enough for me to invest?
The last couple of years have not been kind to investors at all. Equities (the broader indices) have near-crashed, debt mutual funds have also sprung unpleasant surprises, real estate has languished. And if things couldn’t get any worse, the so-assumed last bastion of safety for investors – banks, has also been breached. In the last few weeks, two specific pieces of bad news has hurt investors and further spooked markets
“What problem of mine can you help me solve?”
It is that time of the year, when everyone seems to be in a bit of a party mode. It is also that time of the year, when increasingly, school/college friends are meeting up for reunions! I was at one such reunion a couple of weeks back, and, as is oft the case, was meeting some friends after many many years. After many hugs and a few jugs of beer,