“The hardest thing in the world to understand is the income tax”  -Albert Einstein  Income tax is a fundamental duty that you as an Indian fulfills every year. But sometimes, paying income tax at the end of financial years is quite a challenge for some people as there comes the submission of various insurances and rent receipts. But there are many ways through which you could cut down on taxes and save them. Then again, we don’t intend to tell you to do something illegal as paying tax is what contributes to growth of your country and economy both. So it becomes important to check all ..read more

As a millennial, you might have imagined or dreamt of a day in which you are sitting with your family, enjoying your lunch, laughing together and all your financial expenses are taking care of and you need not worry about anything. This is a situation where there is no stress and you are at peace. This is a dream that many desire to make into reality. So, many people are planning on retiring early.Hence, people today are inspired by this dream to join the FIRE movement. FIRE stands for Financial Independence-Retire Early. This is a movement that is growing in the west and like whatever happens ..read more

Today in this article, we are referring to you on how to build a strong investment portfolio and the best ways to invest and gain money. Remember that nothing is guaranteed and everything depends on your decisions, but make an informed decision before doing anything. You need to keep the following things in mind before building an investment portfolio. You should have no debt. If you already owe somebody money, then you should not take the risks of investment because investments don’t guarantee you returns without risks. So, you will be stressed a lot about getting a good interest and also p ..read more

What is Financial Independence, Retire Early (FIRE)? How to use the FIRE calculator India? FIRE is a movement started that has been gaining a lot of popularity among millennials. The basic idea pushes the concept of savings extreme proportions of your salary and investing the same in order to retire earlier than traditional budgeting retirement saving plans would allow. Most people participating in the movement preach dedicating up to 70% of your income to savings in the hopes of eventually being able to quit your full-time job to live off the interest or small withdrawals on the corpus ..read more

Want to save a lot of cash without compromising your living standard? Read on to find out some Best Frugal Living Tips. Well, saving cash and cutting your expenses does not necessarily mean compromising or degrading your lifestyle. You can adopt extremely easy-to-follow approaches and save a hefty amount of sum monthly. The following are the basic categories under which I have grouped these money-saving tips: Cashbacks Travel Groceries and Food Electricity Fitness and Health   Transportation Other Tips Develop a Budget In case you’re living on a low-to-average monthly paycheck or you wa ..read more

As humans, we love to get rich and the best way to get rich today is investments. But with investments, there are risks associated. These risks have to be considered while investing and hence the returns have to be evaluated and considered while investing. One popular method of investment today is index funds in India. They today are widely popular and are used by several people and many investors put their trust in index funds in India as a great option to invest. Going to the diversification, it provides people who are attracted to it and want to invest money in index funds. But if you are ..read more

Is Healthcare in Retirement something you should prepare for? Did you know that heart attacks kill 1 in every 33 seconds in India and that air pollution causes two deaths every minute? With these numbers, it becomes vital that you plan for medical emergencies because any unfortunate incident could strike anytime. It becomes a basic necessity to take care of your health in these circumstances and especially when you are growing old and hence, you should take care of your health in your retirement. Healthcare in retirement, why fret? People believe that the retirement period is all about the fu ..read more

Investments are capable of earning money for you. Today in the market, there are many options to explore. The market is flooded with investment options today and one can put the money in many ways. But then again, for the young people in India, it’s the beginning of their investment life. They surely don’t want to fail. Also, young people are reluctant to invest big in something so new for them and look for the best investment options to get them started. The young people, who are considered to be naive, can become the smartest investors if given the correct information and knowledge. Thereby ..read more

A lot of people have this question in mind that how to make money. Every person wants to earn more money, but they are skeptical about ways through which they can earn money. In the earlier stages of life, you are skeptical about choosing which classes you should take in college. Then after college, you might think of which job to get to make money. Then again, it comes to writing your resume, cover letter, etc. But the human mind is never satisfied and you won’t find out other ways to make money. These are the things that are always prevalent in the human mind. Why are we talking about making ..read more

Recently, I came across a headline stating that how to get your credit score above 800. Now this was something shocking to me as the first thought that came into the mind was who actually cares it is true that a true good credit score is important to obtain the best rates. When you need to buy a home or a car and you need to borrow some money. But credit score is not everything and is not that much important. It is not so much important that people need to be obsessed with it. As soon as your credit score crosses the line of 750 you pretty much qualify for the best rates. Now if you want to wo ..read more