Tag: Expenses, Income, Lifestyle Creep, Needs, Splurges, Wants
What is Lifestyle Creep?
Lifestyle creep refers to a condition where one’s income rises or their bills decrease, and this creates a temptation for a lifestyle...
Some wealth generating habits that can make you financially independent
The first thing that you need to do is to understand what financial independence really is. Essentially, it is the point at which you no...
Financial Planning: Thumb Rules
1. 30 % of your income must be used for monthly living expenses. 2. 30% of your income must be used for Liabilities...
Total Return Index
Managers could find it tough to show wide out-performance with schemes benchmarked against TRI. Last week, DSP Blackrock Asset Management...
Cash Payment Restrictions
In a bid to curb black money as well as to limit the number and amount of cash transactions, the government has come out with some new...
Health Insurance for Retired Parents
One must take a proper health insurance plan for the elderly. These days there are health insurance plans exclusively available for senior...
Planning Retirement for Singles
Being single comes with certain perks. You get to live by your own rules, and you don’t have to endure the struggles and conflicts so...
What are Aadhaar Enabled Payment Systems?
Payments that can be done with the help of authentication and identification through the Aadhaar database is referred to as the Aadhaar...
Make Your Own Financial Plan
Ever thought about what life would be like without maps? We probably wouldn’t venture very far because the fear of the unknown would...
The Role Of A Financial Planner
You make vacation plans, birthday plans, and meal plans. So why not a financial plan? A financial plan is a road map to guide you to...
