The Very Basics of Personal Finance
Articles dealing with the absolute basics of personal finance
How do you tide over that short term requirement with the least disruption to your overall financial plan. There are several ways in which you can fund the shortfall, let us examine these.
The tax treatment of debt funds has changed. This has taken away the tax advantage of investing in debt funds vs FDs. Would it still make sense though?
Investment Review: Look at at investments and assets for the year 2022. How I did in my equity strategies and what my overall allocation looks like now.
When the markets are choppy, asset allocation works really well. Figure your risk appetite and build a strategy accordingly. Then stick to it over the long term.
Asking a stranger to recommend a stock is fraught with risk. Your investments are a reflection of your thought process and using someone else’s thinking will not lead to a good night’s sleep.
Implement your long term personal finance plan using the basic 5 step process. Use this to build you plan step by step. Investment planning is the last step, implement all the other steps first for a comprehensive plan.
Asset Allocation is a required part of personal finance planning. It can be kept simple and useful or can be made needlessly complex.
An easy peasy financial independence plan. To help you get your FI plan in place to help you focus on the more important things in life.
One of the options while buying Term Insurance is ‘return of premium’. Is it worthwhile considering this option? Exploring the possibility in this post.
Have you put together an After You file. It is important to make sure your family has all the relevant information they will need. It is part of prudent financial planning.