Personal Finance

9 Things to Do When You Get your First Salary | My Money Sage

9 Things to Do When You Get your First Salary | My Money Sage

Things To Do With Your First Salary The first salary and the message that it is credited to your bank account is an exceptional and satisfying feeling for anyone who has just started earning. And, if this is your case, you might have started jumping in joy and excitement, planning to make the day a […]

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13 Reasons for Indian Rupee (INR) Depreciating Against US Dollars

13 Reasons for Indian Rupee (INR) Depreciating Against US Dollars

INR has been depreciating against the USD since 1966, and Here we shall look at some of the reasons why the Indian Rupee (INR) has been depreciating against the US Dollar (USD). The INR is now close to the 70/USD level. Click here to be a part of myMoneySage Elite an exclusive community to the

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6 Steps to Secure the Future of your Special Needs Children

6 Steps to Secure the Future of your Special Needs Children

Parents of special needs children have to make financial plans for two generations. They need to provide for their own needs and their child’s current and future needs. Planning is necessary for the period when they will not be there to provide guidance and support. “As parents of special needs children, you might not have

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Complete Investment Guide On Shariah Investment Portfolio In India | My Money Sage

Complete Investment Guide On Sharia Investment Portfolio In India | My Money Sage

Sharia investments are also known as Halal investments. They encourage people to invest in a socially-responsible way according to Islamic principles. These investments have to follow a detailed set of Sharia requirements and rules. Shariah investments or Sharia compliant investments follow the principles of Islamic law. They encourage people to invest in a socially responsible

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What is yield curve inversion? How does it impact markets | My Money Sage

What is yield curve inversion? How does it impact markets | My Money Sage

An inverted yield curve shows that an economic slowdown may be imminent. The yield curve is one of the leading indicators that analysts use to predict the direction of the stock markets. In the United States, analysts have used it to forecast all the recessions in the last five decades. The yield curve has not

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6 Simple Steps To Reach Realistic Financial Goals | My Money Sage

6 Simple Steps To Reach Realistic Financial Goals | My Money Sage

It’s important to have big dreams, but it isn’t easy to turn your dreams into reality. Pick goals that you are passionate about and believe that you can achieve them. Make realistic plans that you can meet and track your progress. Here are six simple steps to reach your financial goals, “Set your goals high, and don’t

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8 Commonly Used Mutual Fund Terms & Jargons A Newbie Investor Must Know | My Money Sage

Mutual fund advisers use jargon that can be quite confusing for newbie investors. Here we discuss some of the most commonly used mutual fund terms. Knowledge of these terms will help you to understand what your financial adviser says. Mutual fund advisers use jargon that can be quite confusing for newbie investors. Here we discuss

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Father Of The Index Funds, John Bogle transformed mutual funds | My Money Sage

Your mutual funds would not have generated the kind of returns you are getting if it weren’t for him. As mutual fund investors, we need to thank Bogle for helping us to get more from our mutual funds   John Bogle changed the mutual fund industry by reducing costs and helping investors to earn higher

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Emergency Fund – How to Save and Where To Invest | My Money Sage

Emergency Fund: Methods To Save Very few people think about putting money aside to deal with an emergency. Most of us are not prepared to face a crisis, because we feel that something like this will never happen to us. The following story will help you to understand the importance of creating an emergency fund:

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3 Benefits of investing in Gold in your portfolio

3 Benefits of investing in Gold in your portfolio Usually, Investors, when constructing a portfolio tend to limit their diversification strategy to equity and debt thereby ignoring gold, let’s evaluate if investing in Gold makes sense to your portfolio. Gold protects investors from stock market volatility and uncertainty. It has a negative correlation with stocks,

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