While short term investment is NOT known to give high returns; if one still wishes to park funds for a short period of time, here are some Short Term Investment options in India. Firstly, short term investment does not give you high returns. Money needs time to grow and hence it is a long term […]
PPF account Online: How to Do it?
With things going online, PPF account is also not far behind. You can transact and make PPF online payment just like most other net banking transactions. Here’s how to do it. Net Banking has really made life easy for a lot of us, to a great extent. A lot of transactions that required 30 minutes […]
Opening PPF account for your Kid? Here’s what you should know
PPF account for a minor can be a great way to plan for their future and build a corpus for when they are adults. However, here are some important things to know about PPF account for a minor. PPF account or Public Provident Fund account is a great tax saving guaranteed returns product that one […]
Why Women can be great with Personal Finance?
Women often find that personal finance is something for the men to think of and let them do the math. However, Women should be more involved in personal finance and they can be even better than men at it. It is not Women’s Day that I am writing for women. Instead it is the start […]
Your nominee may not get what they are nominated in: Rights of a Nominee in India
We often have nominee in our Life Insurance or various investments and we think the person will get whatever you have after your death. WRONG. It doesn’t work that way. Find out how Nomination in India works, exactly. So you have taken some Life Insurance, have a Demat Account with some nice shares and some […]
8 Common mistakes to avoid while making a Will in India
If you plan to make a will, make sure it is error-free, since some common, often overlooked things can result in a will being subject to legal battles. Here’s how to avoid common mistakes while making a will in India. Making a Will is important as it will make sure your estate is distributed well, […]
Financial First Aid Kit – Do you have these 5 very Important details in Place?
A Financial First Aid box is very, very important in case of emergencies or when you are not accessible to your family. Have you put that in place – A financial emergency kit? Trust me… It is VERY Important! We are all so busy in our lives that pausing and thinking is not an option. […]
Why there is no such thing as “Right Time for Investing”?
We are always worried about when is the right time to invest and when is the right time to buy and sell. It can actually be your biggest Investment mistake, read on why. As an investor we often come across a dilemma about what is the right time to invest in a certain type of […]
5 ways to save taxes that are NOT Insurance
Traditionally tax saving is all about LIC and insurance, but there are ways you can save tax without insurance, and earn good returns. Here are some tax-saving options that are not insurance based. I am being asked by friends and those who are regulars at stepupmoney “What are good tax-saving options this year?” And before […]
Tax Saving Fixed Deposits: What are they, How they work?
We all love bank FDs, but fret over it not being able to save taxes. Actually Tax Savings FDs are available that do exactly that, save some taxes. Let’s have a look at this product. It is the beginning of that time of the year when you are looking for options to save tax and […]