Personal Finance Blog

Here is how to include charity in your financial plan | My Money Sage

November 11, 2019 | by KishorKumar Balpalli | Financial Planning, Investment Planning, Mutual Fund, Personal Finance

The concept of charitable financial planning is popular in international markets. This is now gaining popularity in India.There are many reasons why you might want to give money to charity. It could be because you want to help the needy or it could for your own emotional well-being. Whatever the reason, donations always make the Read more...
Money Lessons From Robert Kiyosaki The Author of ‘Rich Dad Poor Dad’ | My Money Sage

November 8, 2019 | by KishorKumar Balpalli | Financial Planning, Fixed Income, Investment Advisor, Investment Planning, Personal Finance

Heard of the book Rich Dad Poor Dad? The author of this book is Robert Toru Kiyosaki. Thanks to his financial knowledge, he has been able to come out of bankruptcy. Here is his story. Get your financial plan done by a Registered Investment Advisor. Its FREE, but spots are limited. . Register now Kiyosaki was born on Read more...
Try The Virat Kohli Style Of Investing | My Money Sage

October 26, 2019 | by KishorKumar Balpalli | Financial Planning, Investment Planning, Personal Finance

We all know and love Virat Kohli, the captain of the Indian cricket team. He is committed and passionate when it comes to cricket. This exuberant attitude is seen in everything he does. This includes his endorsements and business ventures. Get your financial plan done by a Registered Investment Advisor. Its FREE, but spots are limited. . Register Read more...
How Safe Is Your Bank Fixed Deposit? | My Money Sage

October 21, 2019 | by KishorKumar Balpalli | Financial Planning, Fixed Income, Investment Planning, Personal Finance

Depositors presume Bank Fixed Deposits to be 100% risk-free investment, which is not true, there is always an inherent risk associated with any investment, Bank Fixed Deposits are no exception. You must have read about the Punjab and Maharashtra Co-operative (PMC) Bank and how depositors are finding it difficult to get back their money. Here’s Read more...
5 Hacks For Fighting Financial Procrastination | My Money Sage

October 16, 2019 | by Research Desk | Financial Planning, Investment Advisor, Investment Planning, Personal Finance, Retirement Planning

Have you been postponing your savings and investments? Are you just too lazy to look up mutual funds and fixed deposits for investing your money? Then, you are one who indulges in financial procrastination. This procrastination can have bad results for your finances in the long run. Read the article to find out how to Read more...
How Procrastination Affects Your Finances | My Money Sage

September 21, 2019 | by KishorKumar Balpalli | Financial Planning, Investment Planning, Personal Finance, Retirement Planning, Tax Planning

A recent study suggests that procrastination is the outcome of present-biased preferences. Have you ever noticed how children do chores if you promise to buy them chocolates? That’s how the human mind works. Unless there is instant gratification, doing work is not very appealing. Instant gratification is more pleasing to most of us rather than Read more...
Why do Investors buy negative yield Bonds?|My Money Sage

September 6, 2019 | by KishorKumar Balpalli | Financial Planning, Investment Planning, Personal Finance

Globally, Government bonds worth around $16 trillion are now trading at negative yields, which is about one-third of the global bond market. This figure has almost tripled from October 2018. People have always deposited their money with the government with the assurance of getting it back with interest. Now, they are paying governments to keep Read more...
10 Financial Topics to Discuss Before Getting Married | My Money Sage

August 29, 2019 | by KishorKumar Balpalli | Financial Planning, Health Insurance, Insurance Planning, Investment Planning, Personal Finance

Marriage is about merging your finances, possessions, ambitions, dreams, and histories. A significant part of your future as a married couple involves money, so take time to talk about your finances before walking down the aisle. Relationships have become much more complicated due to the increase in nuclear families, working wives and mothers, couples living Read more...
Inheritance rights of Woman: Here is how to secure | My Money Sage

August 20, 2019 | by KishorKumar Balpalli | Financial Planning, Investment Planning, Personal Finance

Women have always faced discrimination and have not been able to inherit ancestral property due to several reasons. As a woman you need to be aware of your inheritance rights whether as a wife, daughter, mother or a sister. Get your financial plan done by a Registered Investment Advisor. Its FREE, but spots are limited. . Register now Read more...
How does expense ratios affect your Mutual Fund returns | My Money Sage

August 19, 2019 | by KishorKumar Balpalli | Financial Planning, Investment Planning, Mutual Fund, Personal Finance, Tax Planning

Its a zero-sum game, the higher the expense ratio, lower will be your Mutual Fund returns. The expense ratio of a mutual fund is the annual fee that the fund house charges for managing your money. A lower yearly expense will boost your returns and help you to accumulate a more substantial corpus in the Read more...