Does Long-Term Investment Mean Less Risk?
Hey, fellow investors! If you’ve ever wondered whether sticking to your long-term investments for the long haul reduces the risks, you’re not alone. It’s a question that many of us grapple with, and today, …
Personal Finance
Your go-to for personal finance: budgeting, saving, debt management, retirement planning. Practical advice for financial well-being.
E-Verification Scheme 2021: Notice of ITR Discrepancy to be Sent by Income Tax Department
The Income Tax Department has taken a significant step towards enhancing transparency and fostering voluntary tax compliance with its latest initiative – the E-Verification Scheme 2021. This scheme addresses mismatches identified in Income Tax …
Achieving Financial Independence with Fat FIRE: A Comprehensive Guide
Fat FIRE refers to a financial independence and retire early (FIRE) strategy that aims for a higher level of spending and a more luxurious lifestyle during retirement compared to traditional FIRE approaches. The Fat …
When Should You Start Retirement Planning? Finding the Right Age to Begin
Planning for retirement is a vital part of managing your finances, yet it’s a task that many tend to delay until later stages of life. Nonetheless, deciding when to commence retirement planning holds immense …
7 Steps to Rebuild Credit After Settling Debts
Dealing with debt settlements has a significant impact on your credit score. As you navigate through the process of settling debts, it’s essential to understand the repercussions on your credit standing. This blog explores …
Overdraft vs Personal Loan: Making the Right Choice
In today’s fast-paced financial world, having access to suitable financial tools is crucial for managing unexpected expenses and emergencies. Among these tools, overdrafts and personal loans play significant roles in providing individuals with the …
Section 80U – Tax Benefits for Individuals with Disabilities
In India’s income tax laws, specific sections extend tax advantages to individuals or their family members grappling with disabilities. Among these provisions, Section 80U offers tax benefits to individuals coping with disabilities. While Section …
Section 80DDB of Income Tax Act: Covered Diseases, Form, Certificate & Deductions
Taxpayers often seek clarity on obtaining certificates for claiming deductions under section 80DDB of the Income Tax Act. This section allows for deductions on expenses incurred for the medical treatment of specified diseases for …
The Surge in Health Insurance Premiums: Causes and Solutions
The surge in health insurance premiums presents a significant concern for many, particularly senior citizens, who may struggle to afford health insurance coverage. This surge in premiums can be alarming, especially considering health insurance’s …
Is Term Insurance the Right Choice for You?
Term insurance is often touted as the most efficient and economical means to safeguard your family’s financial future during your untimely demise. Its promise of providing a lump sum payout aims to cater to …