Financial Planning for 20-somethings
What is the right age to start financial planning? Should I start at the time of getting my first job or should I wait till I have made a lot of money? These are common thoughts in everyone’s mind. Frankly, there is no particular ‘right’ age to begin financial planning. The only adage that one must remember is that the more time you give your money, the more it will grow. The ‘power of...
Read MoreFinances for Generation Y – young & restless
I grew up listening that we are Generation X (Gen Next) and we have a very different thought process. Generation X contributed in improvement of India’s economy and they are more comfortable with diverse perspectives. Recently I felt bad when I read that we (Gen X) are called old fashioned as Gen Y and Z are changing the face of society. According to demographics people who are born...
Read MoreFinancial Planning for Different Stages of Life Cycle
During our lifetime, we come across changes which affect our financial situation and needs. A rise in income level, spending patterns, concern for the family and retirement plans are some of the changes which impact our lifestyle. If not planned ahead, these can have ever lasting implications. Although each person set specific financial goals throughout one’s lifecycle, the primary objective is...
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