Page 10 - Your Money

Retirement planning for beginners: It's not an overwhelming task to do

A retirement plan is not something you set once and forget. It needs small adjustments over time.

Investing for the first time? Know what various asset classes can do

Before proceeding with your investment journey, identify the requirements or goals for which you will use your investments.

How to move beyond saving and start investing without overthinking

Setting money aside every month is a sign of disciplined financial planning, but the intent and outcome of saving money versus investing it are quite different.

Personal finance for freelancers: Building emergency funds, managing taxes

Freelancers should always keep records of their invoices, payments received, and business-related expenses.

Provident fund investment: What to know about EPF, VPF and passbooks

EPF is the standard contribution deducted from one's salary. VPF is optional - you choose to contribute more.

Tax planning for young professionals: Deductions and Section 80C explained

Before claiming deductions under Section 80C, understand which tax regime suits you and how taxable income is calculated.

Emergency funds: How much to keep and where to park it?

An emergency fund is the money that one needs to keep aside to tackle an unexpected setback one might face.

Income-tax filing for young earners: documents, AIS and deadlines

Filing the income tax return is only half the battle. After submission, you have 30 days to e-verify your return.

Multi-factor funds: Choose the right mix to balance risk and returns

Check the track record of the factor combination, tracking error and expense ratio before investing

Documents to tax rebate: Everything you wanted to know about home loans

Apply for a loan that matches your repayment capacity to improve approval chances

Fixed deposits, liquid funds and debt funds: What's the difference

Know how quickly you can earn money, what the interest rates are, taxes you may have to pay

Health insurance before investing: Why protection should come first

As health care costs rise, health insurance will ensure you do not have to deplete your savings or take a loan in case of an emergency

Home loans for young earners: Eligibility, interest rates, hidden costs

A household is considered financially safe if their total EMI outgo is less than 40 % of total monthly income

Home-loan tax rules explained: Deductions, sections and proof required

Taxpayers servicing a home loan may claim deductions under Section 80C, Section 24, Section 80EE and Section 80EEA, depending on eligibility.

Health insurance for young earners:Choosing the right cover and sum insured

A health insurance policy is an indemnity contract where the insurer pays for your medical expenses in exchange for an annual premium.

Joint expenses & separate goals: How couples should plan financially

They should work as a team and plan for their retirement by saving money together

Retirement planning for young professionals: Start early, build slowly

Begin by investing 10-15% of your income and increase contributions gradually as your career progresses

Not the best cover: How to avoid buying overlapping insurance policies

Duplicate covers do not increase real benefit and are a waste of your money

Emergency fund: When to use it, how to rebuild it, and how to protect it

An emergency fund can help cover out-of-pocket medical costs such as diagnostic tests, medicines, and other payments

Jointly owned house: Steps to avoid tax disputes and ownership issues

Sale deed should clearly specify ownership share; maintain proof of contribution in purchase