Children's Education Advice
Home Buy Advice
Education is a very costly affair. Basic requirement for a children’s education plan is that the parent should be able to create a corpus for meeting the higher education needs of the child.
Post Office Deposits are good for short term goals, but for the long term, one should invest in high yielding asset classes like equity with low long-term risk, which can help achieve their goals
Loans are not bad. But you should know how much loan you can afford and your repayment capacity. Otherwise you will fall into debt trap. A person who is not spent thrift can also fall
Life Insurance provide protection against financial loss due to demise of a person. High cost policies which are marketed as investment products neither will give enough life insurance
There is no ‘be rich quick’ formula. That is the truth. If you have to create wealth you have to save systematically over a long period. Otherwise only possibility is sheer luck which nobody
You may be postponing some loan repayments or insurance premium payments and find it difficult to save. These are symptoms like dizziness or headache when it comes to health.