PLANNING

Mobile Tariff Hike: Airtel and Jio and have announced significant tariff hikes, marking the first major rate increase by a telco since 2021. Jio’s new rates, effective July 3, increase by 12-25%, while Airtel’s hikes start immediately. These adjustm...

Consider these factors before you start saving for this expensive goal lest you risk your other goals or the child’s future.

India's top telecom service providers, Reliance Jio, Bharti Airtel, and Vodafone Idea, have announced significant tariff hikes for their customers for prepaid and postpaid plans. The rate increases will take effect from July 3 and 4, 2024. The telec...

Taking control of our money lives is something many of us are unable to do. It sounds simple, but many of us do not believe we can take charge and do something about our dreams. Slipping into excuses, living in denial of our true situation, blaming ...

Market volatility and inflation can pose serious risks to the investments set aside for your child's education. It's important to consider strategies to safeguard these funds against potential financial downturns and rising costs.

Financial independence, retire early (FIRE) is a movement focused on extreme savings and aggressive investment that aims to allow people to retire much earlier than is possible through traditional budgets and retirement plans. Detailed planning, bud...

As one ages, it becomes clear that the couple won’t leave the world together. Typically, the husband worries about the wife’s ability to manage money, while the wife worries about the husband’s ability to manage food and health. However, neither coo...

The 4% rule is a popular method in retirement planning. It provides a simple and conservative guideline for estimating the amount you can safely withdraw from your retirement funds each year, with the goal of ensuring your financial security through...

Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away.

Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away.

Enjoy all those objects that have been a part of your life—your house, garden, books, jewels and boxes full of memorabilia. But be aware that with your passing, they revert to being mere things. They will be tossed away, given off, left to rust and ...

The fear that the retirement corpus will not be enough comes primarily from it being small. It is also stoked by how the corpus is invested. The conservative mistake of earning years is repeated in retirement. The money is invested in debt products ...

Planning for retirement is crucial to avoid financial problems later in life. Experts recommend setting a savings goal and following some simple guidelines for a secure retirement. To achieve this, it's important to start saving early, manage debts,...

Mother's day 2024: This year Mother's day is on May 12, 2024. If you are soon to be a mom or planning to be one in next year or so, then it is important to have a good financial plan. This is to ensure that as a woman you have financial security. Re...

In a sudden turn of fate, Shubha (49) became a sole guardian of her family's finances after her husband's death. With young children (17 & 13), she took charge, seeking guidance from trusted advisors. To secure their future, Shubha meticulously docu...

Mitali has been working part-time so far, but has now completed a certification program and is ready to pay greater attention to her career. This will help her contribute more to the family’s income. Despite their financial planning, the Guptas find...

Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away.

Withdrawing from retirement corpus: Retirees frequently utilize the 4% withdrawal rule to manage their expenses in their later stages of life. Its primary aim is to maintain a steady stream of income while also preserving an ample amount of funds fo...

'Sequence of returns’ risk is the risk of negative returns occurring later in your working years and/or early in your retirement life. It particularly comes into play during the five years before and five years after retirement— the ‘fragile decade’...