Financial Planning

Impact of Demonetization of Rs 500, Rs 1000 notes

Here’s how the Demonetization of Rs 500 & Rs 1000 notes would affect the Indian economy: As the prime minister puts it “the mahayagna against corruption”, is all set to send ripples across the country. The demonetization is being made to curb black money, fake currency and terror financing in one go. Moreover, there’s a constant

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Share trading: 9 Important terms you should know about it

Here are 9 Important terms on Share trading that you should be aware of: 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 Trading in Stocks refers to buying and selling equity shares in stock

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9 Important Terms you Should know before investing in stock market

Here are 9 important terms you should be aware of before you start investing in stock market: “Risk comes from not knowing what you are doing”- Warren Buffet Investing in stock market is often perceived as a risky proposition by investors. But, at the same time, the fact cannot be overlooked that the stock market offers

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UPI (Unified Payment Interface) – How to Use it?

Everything you need to know to use UPI – Unified Payment Interface Unified Payments Interface (UPI) is an innovative application launched by the RBI and developed by National Payments Corporation of India (NPCI) to make India a cashless economy. UPI app is available for download on Google Play Store. As compared to traditional methods of

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Reverse Mortgage Loan enabled Annuity (RMLeA): A better option over Reverse Mortgage Loan (RML)

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

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Reverse Mortgage Loans for regular income post retirement

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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Importance of having a Health Insurance Policy

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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