30’s are typically a time for settling down after the 20’s where the young and fun loving couples have taken enough of risks and found what they are really passionate for. Many people are busy raising their families or climbing up the ladders of success in their careers. These are typically the make or break years in people’s lives even when it concerns their finances. Due to lack of knowledge and laxity people often land up making mistakes, the brunt of which is felt in their 50’s and not now. Continue reading “Common Mistakes People make in their 30’s”
Category: Financial Planning
Don’t let your kids dreams be just dreams
As your young ones would grow older, they’ll be asked many a times about what they want to be. At young age kids might say that they want to become what their dad, mom or their near or dear ones are. But it’s only when they grow up that they realize their dreams and what they actually want to be. For instance recently I was talking to one of my friend who was worried about his daughter’s higher education who aspires to be an interior designer. Like every parent he supported his daughter’s decision and wanted her daughter to go for the best option. Continue reading “Don’t let your kids dreams be just dreams”
Some Facts only Real Estate Investors Know
Do you have a special love for an asset class when you choose to invest your money? Do you have a major concentration of your investments in one asset class? If that is the case, can that asset class fulfill majority of your goals? Think about it! If it cannot then why are you investing in it? Remember if your investments cannot ensure you financial freedom, then you do not justify your hard earned money and your dreams. Continue reading “Some Facts only Real Estate Investors Know”
Don’t Need a Health Insurance – Do You ???
No one plans to get sick or hurt but most of us need medical care at some point. Health care costs are rising astronomically and they can hit you hard if you don’t have an insurance to fight them. When you or loved ones need medical attention, there is nothing you see beyond. Be it your retirement or kid’s future or other dreams. Everything takes a back seat. And if you have a family and parents dependent on you, then frequency of these setbacks may be more as you don’t know who would need medical attention and when. Continue reading “Don’t Need a Health Insurance – Do You ???”
Myths and Realities about Life Insurance
We are nearing towards the end of another financial year and like any other year; everyone is on the run to save taxes. We see a lot happening around, in this JFM quarter where the motive is to save maximum tax. However, it’s an icing on the cake if it helps to plan the future as well.
One of the most preferred ways to save taxes is to buy a life insurance. No wonder, most of us have Life Insurance or even if we don’t have, we know what it is. Life Insurance is that tool which ensures that your loved ones would be taken care of even when you are not around. Continue reading “Myths and Realities about Life Insurance”