Why is Early Financial Planning Important?

The Need to Invest Early

Every single one of us dreams of the day where we can retire in peace and take it easy for the rest of our lives. However, most of us make the brazen mistake of erroneously thinking that financial planning is something to start later on in life when nearing retirement. However, the truth of the matter is that the earlier you begin chalking out a sound financial strategy for your future, the better off you will be in meeting you......

Extracurricular activities are important for your child!

 

School plays an important role in a child's life as it is essentially a preparatory stage before entering public life. Moreover, it helps in broadening a child’s outlook while instilling values such as perseverance, sincerity, truthfulness, tolerance, discipline, and obedience as well. However, today, there’s been a major paradigm shift in how children and parents alike perceive school life. The emphasis on giving it all and scoring good grades has completely over......

What are Unit Linked Insurance Plans (ULIPs)?

What are ULIPs?

ULIP is a unique investment vehicle that seamlessly combines the benefits of an insurance policy with a market-linked investment. They are essentially a wealth-creating tool that can help you fulfill your financial goals keeping in mind a medium to long-term horizon. The premium paid for a ULIP is divided into two components; one part goes towards life coverage while the ......

Quit Smoking for a healthy life

Being human, we are all prone to picking up one or another habit, good or bad. Reasons could be many, like inclination towards that particular habit, influence from surrounding factors, peer pressure, etc. Depending on their nature, our habits can either make us or break us.

While inculcating good habits come with multiple benefits; picking up vices, on the other hand, can have some severe repercussions for both your mental and physical health and wellbeing. Nicotine add......

Term Insurance – Investment or Expense? | Aviva India

Term life insurance is a contract between an insurance company (insurer) and an individual (insured) wherein the insured pays a certain sum called premium to ensure financial security for his beneficiaries over a specified time period. A conversation between two work colleagues can help you understand why you need term insurance.

Rahul, aged 32 and his colleague from work, Sanjay aged 29 are li......