Are SIP Calculators useful?
We all have heard the word SIP in almost every economic and financial discussion at home and now, the word calculator is also being used with it. Okay, okay. Before you wrap your head around those terminologies. Let’s begin with understanding the fundamentals first. What is an SIP? SIP is a term used in the […]
How To Achieve Financial Independence Retire Early?
Let’s See how to achieve FIRE (Financial Independence Retire Early)………… Everyone wants to achieve financial independence early, but don’t know how?? Everyone wants to retire early so that they don’t have to work for a longer period of time. What if I tell you, you could retire around your 40s?? Would that be possible?? YESS, […]
How Mutual Fund Works???
Today we will learn how mutual fund works? A mutual fund is a type of investment that involves a group funding by like-minded individuals who have mutual or common interests. Let’s understand this with an example. Sameer has Rs. 10 and he wants to buy a chocolate bar. This chocolate bar is yummy, expensive and […]
WHAT IS FINANCIAL PLANNING?
What is Financial Planning? Financial Planning is all about budgeting, planning, implementing and executing to achieve the desired goal. Let’s assume you are in your 20s and unmarried and this is how your plan should be. Let’s understand how you can plan your goals and what are the ways in which you can achieve that. […]