Saving Money
Building abs or assets? A fitness coach's lesson in discipline for both
For Raj, health, wealth, and time form the three pillars of a good life. His advice is simple yet powerful: live within your means, invest consistently, and take the long view.
 "Building abs or assets? A fitness coach's lesson in discipline for both")
India faces fresh $1.9 bn fund outflows as global money chases commodities
India-focused funds continue to face redemption pressure, with $1.9bn withdrawn over the past 7 weeks. This marks the second phase of outflows
 "India faces fresh $1.9 bn fund outflows as global money chases commodities")
No rich parents, no windfall - Just small steps that changed my finances
From living hand-to-mouth on Fixed Deposits to confidently investing in mutual funds and ETFs - this 37-year-old music teacher's money journey is proof that anyone can turn things around
 "No rich parents, no windfall - Just small steps that changed my finances")
Over 50% individuals feel savings not enough for future, finds study
More than half of Indians surveyed feel unprepared for their future despite having a detailed financial plan or having done some degree of planning, says a study. The study of individuals in the age group of 35 to 54 years who financially provide for their ageing parents and growing children found that 60 per cent of respondents feel their savings are not enough for future. The respondents agree that "no matter how much they save or invest, they feel like it's never enough for future", the study by YouGov said. A majority 94 per cent of respondents said they either have a detailed financial plan or have done some degree of planning, the study, which surveyed more than 4,000 people across 12 cities across India, said. The study of aspirations, attitudes and financial preparedness of individuals in the 35-54 years age group stated stated that more than 50 per cent worry about running out of money, always feeling behind and not doing well enough despite efforts. "They show high relia
 "Over 50% individuals feel savings not enough for future, finds study")
Post Office Recurring Deposit Scheme; features, interest rate and more
Opening a post office recurring deposit account could be the perfect way to save money for a certain period of time. Here's everything you need to know about Post Office RD Scheme
 "Post Office Recurring Deposit Scheme; features, interest rate and more")
75% Indians don't have funds for emergencies: How to save and plan for it
Most thumb rules related to emergency fund planning state that you must have 6-9 months of your fixed monthly expenses saved away in an easily accessible and low risk asset class.
 "75% Indians don't have funds for emergencies: How to save and plan for it")
EPFO adds over a million new subscribers in June for 3rd month in a row
New EPF subscribers increased marginally to 10,54,261 in June from 10,07,441 in May 2022 and 10,09,689 in April, according to data published by the National Statistical Office
 "EPFO adds over a million new subscribers in June for 3rd month in a row")
A penny saved, a penny earned and other insights into the art of budgeting
Budgeting tips: Start with some kind of allocation of your periodical expenses, even if it's very rudimentary. You can adopt a more sophisticated approach later
 "A penny saved, a penny earned and other insights into the art of budgeting")
ELSS: Get potentially higher returns with shortest lock-in tenure
Give these equity-linked instruments at least seven years to yield good returns
 "ELSS: Get potentially higher returns with shortest lock-in tenure")
Few simple steps on how to fix your financial mess after festival splurge
Many would have racked up debt this Diwali, using credit cards and consumer loans
 "Few simple steps on how to fix your financial mess after festival splurge")
