Yesterday we saw the various options where you can invest your money (and also save tax). But you should make sure you shouldn't put all your money in a single place. The risks are either you wouldn't earn enough returns on it or you may lose all … [Continue reading]
What is section 80C of Income Tax
Many employees would have heard from their HR or finance department asking to give details about investments made under 80C. So what is this 80C? Let me explain with an example. Lets say you earn Rs. 5 lakhs salary per year. For upto Rs. 2 lakh, you … [Continue reading]
What are the various Asset Classes?
To invest your money somewhere, you need to know what are the various options available. Money that you have is your asset and you need to put your money in different places so that they grow. These products where you put your money are grouped into … [Continue reading]
Why you shouldn’t store your money under the mattress?
If you had asked this question sometime in your life, don't worry - it isn't a stupid question. In fact it can be used to easily explain one complex term "Inflation". Lets assume you and your friend got into a job and get the same salary (say Rs. … [Continue reading]
Do you need a Health Insurance?
Few decades back health problems and hospitalization costs were not high. But today, we are more informed about the various lifestyle diseases and we go check with our doctor for any small problem and get it fixed immediately. Hospitalization … [Continue reading]