OneInsure Blog
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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.
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Feb 14 is close, and even though you are mature and beyond boxes of chocolates and that red rose, the vibe of the day is such that you feel like doing something for your better half. You might see yourself as a romantic or you might see yourself as a pragmatist, but the fact remains that a nice, thoughtful gift on Valentine’s Day would be much appreciated by your better half.
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There is no doubt that with all the talk and heavy marketing around mutual funds, it is easy to get carried away and begin investing in mutual fund products like Equity-Linked Savings Scheme (ELSS), which is well-known as a tax-saving product.
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Jan 26, 2019, will be India’s 70th Republic Day. A lot has changed since Jan 26, 1950, the day when India’s Constitution came into power and India became a Secular Republic state.
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Indian citizens whose annual income exceeds Rs 2,50,000 (close to Rs 20,000 a month) are taxable. While filing tax is not optional for us, paying large sums as tax definitely is.
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Your ideal bank balance will allow you to live a life of independence and all the amenities you need, which you deserve because you have given up your entire earning life for your family and for others. You deserve a few decades of peace and plenty.
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Youth is the backbone of a nation. In a country like India, where 65% of the population is below 35, the time is ripe to go forth boldly and build a strong base for the growth and development of the country. India’s demographic situation is so favorable right now that the progress and stability that the current generation can bring is capable of launching the country into an economic superpower and into decades of abundance.
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Globally, billions take up New Year resolutions. Most of these resolutions are health related, like losing 10 kg, going to the gym daily from now on, or having a healthy and low-calorie dinner every day. Yet, only 5% people who take up health-related resolutions for the New Year ever achieve their goals. Do you want to be in this elite 5% group?
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Christmas is a tonic for our souls. It moves us to think of others rather than of ourselves. It directs our thoughts to
giving .