Category: Retirement

5 ways to help older people navigate new age financial tools

1st October is observed as International day of older persons. We think they’ve navigated the toughest hurdles of their life and are finally at ease, but what we don’t realize is that something like keeping up with rapidly changing technological advancements; that is second skin to us might not be something they can grasp with equal ease. They feel alienated in this fast evolving world and need a little hand holding to navigate these new developments that are making our life convenient, but proving to be a hindrance for them.

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It’s 2018, but are you financially Literate?

“Finance’’ is a really tricky word. You’ll love it when your salary gets credited and hate it when your payments get debited. Yes! We know how you feel. Totally stressed, extremely exhausted, absolutely tired of being trapped in this vicious cycle of never ending payments and not having enough savings which requires you to keep on working more and more to fulfill your needs and wants. Continue reading “It’s 2018, but are you financially Literate?”

Things you need to prepare yourself to retire in your 50s!

When is the right time to hang up your boots? Your parents being government employees never had to plan it. Retirement was something that happened to them inevitably. Times have changed. Today, you have more authority on deciding the course of your life. Let’s take a look at your life. You are in your 20’s or 30’s, you have a well-paying job and a lifestyle to match with.  You work hard and play harder. Your prospects in life look bright and shiny. You are content and happy. And your plan is to retire in your fifties and go to the Bahamas once in a year, or walk your dog through the pristine beaches of Goa, or just sit at home catching up with all the reading you have missed over the years. Of course, you can do it but do you have a plan? The one that equips you to handle your financial requirements fittingly in the years when you’re just going to sit back and enjoy.

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5 Financial Lessons hidden as Life Lessons from our Mothers

Our mother is our first and best teacher, we all know! They seem to know best about everything! Earning or not, we all think our mother is the best in family at financial management. Even though our father might have given us our first pocket money, it is our mother who taught us how to save and spend it wisely.

As a tribute to all the mothers of the world (did you forget it is Mother’s Day on 13th May?), we at SLA are celebrating their financial tutelage by listing out the best lessons from the pool of maternal money wisdom and sensibility. Continue reading “5 Financial Lessons hidden as Life Lessons from our Mothers”