Money available in your saving bank account comes handy in case of an emergency as it comes with round the clock ATM facility. Also, maintaining adequate balance in saving bank account is must to meet the regular expanses but a large amount of cash lying idle in your saving bank or current account loses the […]
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Objective of retirement planning is to accumulate sufficient corpus which can generate regular income after retirement. Unlike most other developing countries, India does not have The Universal Social Security System to protect the elderly against economic deprivation. Hence government introduced a defined contribution based pension system. National Pension System or NPS is a government run […]
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This is a common statement I hear nowadays that I’m fed up of my routine job and want to do something of my own. Some of them even try their luck but only few are successful due to the fact that they opt for the right methods of funding their new ventures. Following the right […]
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Sachin and Rashmi Saxena live in Jaipur and are working with private firms. Sachins monthly income is Rs 1 lakh and Rashmis Rs 40,000.They live in their own house. They have a daughter (3) and a son (2 months).They aim to accumulate a corpus for their kids higher education when they turn 21,followed by their […]
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A child’s professional or higher education is one of the most important financial goals for every parent . Parents start imagining right from their child’s birth that their baby will grow up to become a doctor, engineer, pilot or an astronaut. But with the cost of education increasing drastically over the past few years, […]
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