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Personal Finance

Your go-to for personal finance: budgeting, saving, debt management, retirement planning. Practical advice for financial well-being.

Empower Your Money: Understanding the 5 Differences Between Saving and Investment

21 February 20244 July 2023 by Jyoti Loknath Maipalli

Understanding the differences between saving and investment is crucial to manage our finances effectively. While both involve setting aside money for the future, they have different purposes and distinct characteristics. This blog post aims …

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Liberalised Remittance Scheme (LRS) and Overseas Tour Packages: 4 Key Points on Changes in Tax Collection at Source (TCS)

2 April 20242 July 2023 by Jyoti Loknath Maipalli

On 30th June 2023, the government released a circular to remove a difficulty in implementing the changes in Tax Collection at Source (TCS) on the Liberalised Remittance Scheme (LRS) and the purchase of overseas …

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Top 9 Investment Options in India: A Comprehensive Guide for Beginners

19 February 20241 July 2023 by Jyoti Loknath Maipalli

Welcome to an extensive exploration of the diverse investment options available in India. This comprehensive guide will navigate the landscape of fixed deposits, mutual funds, PPF, stocks and equities, NPS, real estate, gold, government …

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SMART in Personal Finance: A Guide to Achieving Financial Success

12 February 202430 June 2023 by Jyoti Loknath Maipalli

A clear roadmap is essential in personal finance to ensure financial success. By adopting the SMART approach, you can make wise decisions and take practical actions to secure your financial future. In this blog, …

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Managing Credit Card Debt: Best Practices and Pitfalls to Avoid

20 February 202429 June 2023 by Jyoti Loknath Maipalli

Effective credit card debt management is pivotal in maintaining a sound financial standing. This blog will provide valuable insights into the best practices for managing credit card debt and highlight common mistakes to steer …

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Smart Investment Strategy: Diversification for Minimising Risk and Maximising Returns

7 March 202428 June 2023 by Jyoti Loknath Maipalli

Smart investment strategies are crucial for individuals who build wealth and achieve financial goals. Among these strategies, diversification is vital in minimising risk and maximising returns. Investors can optimise their portfolios by spreading investments …

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2 Powerful Strategies for Paying Off Debt: Snowball Method Versus Avalanche Method

12 February 202428 June 2023 by Jyoti Loknath Maipalli

Are you determined to conquer the challenge of paying off debt? Allow us to introduce you to two powerful strategies: the snowball method and the avalanche method. Both methods offer unique approaches to tackling …

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10 Clear Signs That You’ve Achieved Financial Stability

21 February 202427 June 2023 by Jyoti Loknath Maipalli

Financial stability is a significant milestone on the journey towards financial well-being. It brings about a state of ease and peace of mind. It also opens up avenues for boundless potential. But how do …

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The Power of Mutual Funds for Small Investors

12 February 202426 June 2023 by Jyoti Loknath Maipalli

Small investors often worry about the risks and losses of mutual fund investments. They want to grow their wealth but may lack the time or expertise to navigate the complex world of investments. In …

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6 Common Mistakes to Avoid While Filing Income Tax Returns

12 February 202424 June 2023 by Jyoti Loknath Maipalli

Filing income tax returns can be intricate, and even a slight error can have adverse financial and legal implications. In order to ensure a smooth and precise filing process, it is critical to be …

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