Here are a few guidelines which emphasize that Succession Planning is not only for the Rich: “Men may come & men may go, but I go on forever”- Lord Alfred Tennyson Click here to be a part of myMoneySage Elite an exclusive community to the elite and discerning who want to maximise their wealth by leveraging […]
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Here’s How you can make Frugality your new Lifestyle: “Frugality includes all the other virtues”. — Cicero Frugality is worthwhile. But each holds a unique perspective towards frugality. For some, it’s like an encroachment on their freedom to spend. For others, it’s a means to achieve their ends. Across the globe, frugality has been regarded
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Here are a few tips to avoid falling into trap of Cash-Back Offers: Ms Anitha was looking to buy a laptop on a popular online shopping site. She found an irresistible 25% cash back offer on a laptop which cost Rs.60, 000. She assumed that she would get a credit of Rs.15,000 into her bank
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Here is a list of 7 Behavioural Biases affecting Investor Returns: Behavioural Biases is an important concept in behavioural finance. It answers why investor makes irrational and illogical choices. Behavioural Biases explain what happens when individuals attach feelings to their investments. It illustrates instances wherein emotions overpower reason & logic. Emotions may cause erroneous selection of securities. Or at times,
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Here are a few Stock Investing Lessons from Radhakrishan Damani: You don’t come across the rich men every day. When you get to meet one, you are going to ask them “Sir, how to become rich?”. The answer would at all times be the same “You need to work hard. I worked really hard”. Then,
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Here are a few guidelines on whether you should buy Home loan protection Plans: The first love letter from your dream girl…an offer Letter of your dream job Or for that matter the loan approval letter of your dream home, all evoke similar kind of emotions in you, but unlike the first two, the loan
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Here are a few guidelines to Review the HDFC Charity Fund for Cancer Cure (HCC3): “True charity is the desire to be useful to others with no thought of recompense” – Emanuel Swedenborg Usually, when it’s about charity, you might get apprehensive. You may have some issues in mind. Is the organisation genuine? Will my
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Here’s all about calculating Monthly Average Balance (MAB): Come 1 April 2017, and the State Bank of India (SBI) will be penalising the Monthly Average Balance (MAB) defaulters. You might be wondering what kind of defaulters are being referred here? Account holders whose saving account balances fall short of the “Monthly Average Balance” would bear the
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“Health is like money. We never have a true idea of its value until we lose it.”- Josh Billings Thanks to our modern stressful life, we neglect our health in pursuit of wealth only to spend the same on lost health. It is health insurance that protects us from financial doom when illness takes over
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Here are some guidelines as to whether Is it worth transferring your money from EPF to NPS ?: Lately, the government has recognized the need of the individuals towards better retirement. This realization came on 6 March 2017; it permitted to transfer money from EPF to NPS. It is trying to provide you alternatives apart from the
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