Here are a few guidelines which emphasize that Succession Planning is not only for the Rich: “Men may come & men may go, but I go on forever”- Lord Alfred Tennyson 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 […]
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Here’s How you can make Frugality your new Lifestyle: “Frugality includes all the other virtues”. — Cicero Frugality is worthwhile. But each holds a unique perspective towards frugality. For some, it’s like an encroachment on their freedom to spend. For others, it’s a means to achieve their ends. Across the globe, frugality has been regarded
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Here are a few tips to avoid falling into trap of Cash-Back Offers: Ms Anitha was looking to buy a laptop on a popular online shopping site. She found an irresistible 25% cash back offer on a laptop which cost Rs.60, 000. She assumed that she would get a credit of Rs.15,000 into her bank
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Here is a list of 7 Behavioural Biases affecting Investor Returns: Behavioural Biases is an important concept in behavioural finance. It answers why investor makes irrational and illogical choices. Behavioural Biases explain what happens when individuals attach feelings to their investments. It illustrates instances wherein emotions overpower reason & logic. Emotions may cause erroneous selection of securities. Or at times,
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Here are a few Stock Investing Lessons from Radhakrishan Damani: You don’t come across the rich men every day. When you get to meet one, you are going to ask them “Sir, how to become rich?”. The answer would at all times be the same “You need to work hard. I worked really hard”. Then,
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Here’s all about calculating Monthly Average Balance (MAB): Come 1 April 2017, and the State Bank of India (SBI) will be penalising the Monthly Average Balance (MAB) defaulters. You might be wondering what kind of defaulters are being referred here? Account holders whose saving account balances fall short of the “Monthly Average Balance” would bear the
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Here’s all about Mymoneysage.in which is One tool to Save, Plan, Invest & Track your Money: Managing one’s finances is tricky as it’s more a personal problem than financial. The reason can be financial illiteracy or behavioural anomalies like procrastination, distrust, greed & fear among many others. [MMS_EBOOK] You need a fool-proof remedy to all
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Here’s all you want to know about Fair Market Value (FMV) in Real Estate: Fair Market Value (FMV) is one of the favourite topics in real estate. And why wouldn’t it be? It provides a lot of insights. Notably, from the standpoint of valuation of property. The owner gets to know the real worth of his
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Being an NRI & moving abroad for employment is one of the most cherished dreams of most of our country’s citizens. No doubt it takes a lot of persistent effort to achieve your dream of working abroad. Once you have settled down in a foreign country, the next concern would be about planning for your
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Here are a few Things to note before you take a loan: Now and then you may be receiving a phone call offering you some loan. Be it a personal loan or home loan; the banker is standing eagerly to grant you one. The ease of credit accessibility today as compared to yesteryear is commendable.
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