Heard about that investor who hates losses? Well, almost all investors hate to make losses on their investments. Most of us feel twice the pain when we make a loss on an investment than when we make a gain. This is known as loss aversion bias. Click here to be a part of myMoneySage Elite […]
How many Bank Accounts you should have? With individuals changing jobs often and banks making it easy for them to open a salary account, an individual today might have a number of Bank Accounts. Is this a good trend? Not exactly. Click here to be a part of myMoneySage Elite an exclusive community to the
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How to Include Charity in Your Financial Plan 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
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Money Lessons From Robert Kiyosaki 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. Click here to be a part of myMoneySage Elite an exclusive community to the elite
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The Virat Kohli Style Of Investing 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 Virat Kohli’s endorsements and business ventures. Click here to be a part of myMoneySage
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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
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5 Hacks to Beat Financial Procrastination Have you been postponing your savings and financial 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
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How Procrastination Affects Your Finances A recent study suggests that procrastination is the outcome of present-biased preferences, it affects your finances. 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
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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
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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 and related financial topics before walking down the aisle. Relationships have become much more complicated due to the increase in nuclear families, working wives
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