Family Finances

The 50 30 20 Rule – Powerful way to improve Financial Life

Budgeting is not just recording income and expenses. It is a tool that helps you to manage your income & financial life. 50 30 20 rule is really powerful - if used properly, it can be used to allocate financial resources to different financial categories [...]

5 Steps for Happy Retirement

Retirement can mean many things for people. Some look forward to the free time in hand. Some worry how they will manage to meet ends. Others wonder how they will pass their time. If planned properly, retirement can be a great phase in a person's life. [...]

Education Costs – Are You Ready?

Education is the best gift you can give to your children. But quality education costs a lot of money. Moreover cost of education rises steeply. In India it rises more steeply than in other countries. This chart shows the inflation in education, health and CPI. [...]

The recent demonetization drive has also made people look for alternate methods of doing business. It has made people aware that there are cashless methods to conduct transactions as well. In this context let us look at UPI - which looks better than many existing [...]

7 Career Mistakes to Avoid

You need to have a strategy to manage your career so that you become successful. There are many people as skilled as you or as educated as you and as hardworking as you if not more. So it is important to take the right steps [...]

Let’s look at LTA Rules, Exclusions & Tax Exemption

Leave Travel Allowance (LTA) is a component of one's gross salary. If you take leave from office and travel, you can claim LTA amount to the extent used for the journey without it being subject to taxation. If there is any portion of LTA left [...]

Recently there was a news item about residents of a housing property trolling MS Dhoni on Twitter to be disassociated from being a brand ambassador. There was then a debate on various news channels if stars are to be held legally responsible for their endorsements [...]

You are Your Most Valuable Asset

What do you think is your most valuable asset? You might have 2 houses, 3 cars and investments  in fixed deposits and mutual funds. But unless you are not at your best as possible, all the assets are not of much use to you. For [...]