Short, Crisp, Lucid – that’s our blog!
Investments grow your money, whereas savings just sit there doing nothing. Even though saving and investing follow the same rule of collecting small amounts of money, investing in a medium that offers back compounding interest is the smarter, universally acknowledged way to save.
What if we tell you there is a way to turn all your tax worries into regular pay-outs after retirement? What if we told you that you could get Rs 30,000 pension/month and up to Rs 52 lakhs for your family by saving just Rs 3,000/month?
Do you worry about HR's tax email every year? Are you one of those who
The mature urban Indian householder knows that to meet the rising expenses of bringing up a child needs disciplined savings. Just having an FD or RD is never going to be enough. According to a study by ET Wealth in 2011, it costs about ₹54.75 lakhs to raise a child from birth until s/he is 21 years of age. Factoring in inflation, if your child is born in 2015, this figure will easily touch ₹75 lakhs. If s/he is born in 2020, we are looking at 1+ crore. And this is for a single child, mind you.