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5 Investment Options in India for Retirement Planning
13 March 2025 | 6 mins read
Planning for retirement is not just about saving money. It's about securing your future and ensuring you maintain financial independence in your golden years. Your plans could include traveling the world, spending quality time with family, or simply enjoying a peaceful life, taking care of medical expenses and other exigencies. The right retirement plan can help you achieve these goals. Let's explore why retirement financial planning is essential and delve into the top retirement investment options in India.
Five retirement planning tips for a secure retired life
13 March 2025 | 6 mins read
Financial planning for retirement helps you be independent in your golden years. It can ensure you have an adequate pool of funds to draw from and that you are not left without financial support in your old age. There are several ways to plan for your retirement. You can use equity investments, debt options, pension plans, and more. This article can help you understand the best ways to plan for your retirement.
NPS vs. PPF: Which is the Better Investment Option?
13 March 2025 | 5 mins read
When it comes to securing your financial future, the National Pension Scheme (NPS) and Public Provident Fund (PPF) stand out as two of the most popular investment options in India. Both schemes are government-backed and cater to long-term financial goals. However, they differ significantly in purpose, features, and benefits. Let’s delve into each scheme to help you decide between NPS vs. PPF and choose the option that aligns with your financial aspirations to secure your financial future. This article will help you understand the key differences between NPS and PPF.
Savings vs Investment – Understanding the Differences to Grow Your Wealth
13 March 2025 | 6 mins read
Savings and investment are two terms that are often used together when it comes to financial planning. In fact, many people use these terms synonymously. They are so closely linked that they might seem like two peas in a pod. But they play completely different roles in your financial plan. So, what is the difference between saving and investment? Let’s break it down for you.
Savings account 101: Meaning, features, benefits and more
13 March 2025 | 6 mins read
Saving money is a habit that can help you achieve financial independence. It allows you to meet both present and future needs while preparing for unexpected financial emergencies, such as medical expenses or home and car repairs. However, how you save your money is important. Storing cash at home not only puts it at risk of theft but also causes its value to shrink over time due to inflation. This is why opening a savings account is a good idea. A savings account offers a simple, secure, and easily accessible way to save and grow your money. Let’s explore the benefits of a savings account and how it works.
7 Effective Ways to Improve Your CIBIL Score
13 March 2025 | 6 mins read
Today, banks and Non-Banking Financial Companies (NBFCs) offer loans at competitive interest rates with minimal hassle. With online applications, you can complete the process in just a few clicks, and the approved amount is typically credited to your account within days. However, there is one key factor that can make or break your loan approval - your CIBIL score. It is a three-digit numeric that reflects your credit history. If your score is not up to par, you may face challenges such as rejection or higher interest rates.
How to Build an Emergency Fund?- Steps, Benefits & More
12 March 2025 | 5 mins read
It is said that a picture speaks a thousand words, but a number can save a thousand lives. Numbers like 100, 101, 102, 108, 112, and 1,091 aren’t just digits. They become lifelines for Indians in times of need. Whether it is a medical emergency or a security threat, the nation has active helplines to provide immediate assistance. However, taking measures for emergencies should not stop at the national level. It is equally important to be emergency-ready with your personal finances. One of the most crucial tools for this is an emergency fund. This article will delve into the meaning, importance and steps to systematically build an emergency fund.
What is Risk Profiling and Its Importance in Financial Planning?
4 March 2025 | 5 mins read
Investing without understanding your investment risk profile is like driving without knowing your destination. Every investor has a different capacity to handle risk, making risk profiling a critical step in financial planning. It helps in aligning investments with your risk appetite, ensuring better financial stability and goal achievement.
What is Retirement Corpus and How to Calculate It?
4 March 2025 | 6 mins read
Retirement isn’t just about leaving work; it’s about securing the freedom to live life on your own terms without financial worries. Planning for retirement is crucial to ensure financial security and a comfortable lifestyle in your golden years. But how much money do you need? This is where a retirement corpus comes into play. Understanding what it is, how to calculate it, and the factors that influence it can help you build a robust financial plan. Let’s understand this better by diving into the details.
What is Portfolio Diversification and How It Reduces Market Volatility
4 March 2025 | 4 mins read
Investing in the financial markets comes with inherent risks. However, a diversified portfolio can help mitigate those risks and create a more stable path to wealth creation. But what is portfolio diversification, and how does it reduce market volatility? Let’s explore the concept in detail.
Why Monitoring Your Credit Report is Essential for Financial Health
28 February 2025 | 5 mins read
You may have heard that having a good credit score comes with plenty of perks, like better loan rates, easier approval for credit cards, and more financial opportunities. But how do you make sure all your efforts to maintain a good credit profile are actually showing up on your credit report? Credit monitoring can help you keep an eye on your credit health. Let’s find out more about it and how you can monitor your credit activities the right way.
Personal vs Business Credit Scores: Key Differences and How to Check Online
28 February 2025 | 5 mins read
Your credit profile reflects your financial reliability. It shows how well you manage credit and whether you pay your dues on time. Lenders use it to gauge how consistent and responsible you are as a borrower. But did you know there is more than one type of credit score?
5 Key Factors That Impact Your Credit Score the Most and How to Improve It
28 February 2025 | 4 mins read
Your credit score is an important financial metric that reflects your creditworthiness. Assigned by credit bureaus, this rating significantly impacts your financial life. Whether you apply for a loan, buy insurance, rent a place, or even seek a job, your credit profile can make a difference. But have you ever wondered what contributes to the score that you see when you check your credit report? Here are five essential factors that shape your credit profile:
What is a Credit Score and Why It’s Important? How to Check and Calculate | m.Stock
28 February 2025 | 5 mins read
A credit score is a three-digit number that represents your creditworthiness. It essentially estimates your ability to repay loans on time and your consistency as a borrower. This evaluation is based on several factors, such as payment behaviour, outstanding debt and the length of credit history. Lenders report your credit profile and behaviour to credit bureaus, which compile it into a Credit Information Report, commonly known as a credit report, that reflects your credit score. Credit scores range from 300 to 900, with scores above 750 generally considered good.
Debentures Meaning, Types & Features Explained in Detail
28 February 2025 | 6 mins read
When discussing investments, people often focus on stocks and mutual funds. However, India’s investment landscape offers a much wider range of opportunities. One such option is debentures. This article explores the meaning, features, benefits and drawbacks of debentures, and explains how they can help you balance your investment portfolio.