Financial Literacy in India is very low. This blog post we are list 75 checklist to generate your financial knowledge score. If you answer for the question is “yes”, you score 1. Read all the checklist and calculate your number of “YES”. If you score more than 60, you are literate financially. 50 to 60, you have to improve. 30 ...
Term Insurance is a pure protection insurance that offers financial protection to your family. It do not have any maturity benefits. It is same as car insurance and bike insurance. It would be beneficial only if case of accident or uncertainties of life. The coverage amount or the sum assured is paid to the nominee in case of death of ...
Diversification is important in financial planning. Invest in multiple financial instrument is important to get better returns. The investments should be on gold, bonds, stocks, real estate and mutual funds for better returns. This post we would discuss long term funds for more than 5 years to get better returns. Diversification is of paramount importance. We can invest on mutual ...
In India, most of people confuse insurance with investment. They invest all their money in LIC and expected to become rich. Insurance never make you rich. In this post how you are financially smart. Most of the times, people may not require life insurance plans. Health insurance and term insurance would help them in case of emergency. If you have ...