All you need to know about Reverse Mortgage Loan enabled Annuity (RMLeA): Reverse Mortgage Loans (RML) were introduced in 2011 to provide financial security to the senior citizens in their post-retired life. It offered several advantages like principal amount based on the value of property instead of credit history of the borrower, periodic loan receipts […]
Reverse Mortgage Loans (RML) for uniform income after retirement: Dwight L. Moody once rightly opined “Preparation for old age should begin no later than one’s teens. A life which is empty of purpose until 65 will not suddenly become filled on retirement”. Where as we have Mr Raghav Sharma who believed otherwise, he never gave retirement planning
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Here is why a Health Insurance Policy is essential for you: A report released by the World Health Organization on non-communicable diseases (NCD) (commonly known as lifestyle diseases) paints a depressing picture of India. 26 percent of Indians aged between 30 and 70 could die from one of the four major non-communicable diseases – diabetes,
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7 Investing blunders to be kept at arm’s length by Young Investors: 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 the power of unbiased advice Most of the young investors who enter the financial markets want a quick return
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Importance of Financial Planning for Single Woman: Radha is a busy professional who would turn 30 in a few months. She works as an Assistant Professor at a leading university in Bangalore. She has just finished her doctorate and lives with her father who is financially self-reliant. Her career is very demanding which requires her
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Here are 5 mistakes that you should avoid when you invest in Mutual Funds: Mutual Funds are perhaps the best instrument to generate steady wealth over the long-term. They are also an ideal investment vehicle for retirement planning. After all, with an MF, you get investment exposure to various sectors without having to depend on individual
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Features of Sukanya Samriddhi Yojana: Sukanya Samriddhi Yojana (SSY) is a small savings scheme for the girl child, launched by Prime Minister Narendra Modi on 22 January 2015, under the government’s “Beti Bachao, Beti Padhao” programme. It has been specially designed to meet the higher education and marriage expenses of a girl. Since its launch,
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How can improve your Credit Score? The Credit Score given by tge Credit Information Bureau Limited (CIBIL) is one of the most important factors for determining whether or not your loan will be approved. CIBIL scores are generated depending on your credit history that includes past credit taken and the payment pattern. A high score,
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6 Important Steps for Financial Planning of Young Adults: Personal financial planning, despite its importance, is yet to be taught as a subject in high schools or colleges in our country. Hence, most youngsters, when they join their first job or embark on a professional career are fairly clueless about how to manage their money.
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Here are 9 key attributes of Successful Investment Advisors: Click here to be a part of myMoneySage Elite an exclusive community to the elite and discerning who want to maximize their wealth by leveraging the power of unbiased advice nvestment advisory service is one of the fastest growing profession across the world. India, however, bucks
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