Page 5 - Your Money

How to compare two mutual funds: A beginner's guide to smarter investing

If you seek stability for a financial goal three years away, consider debt or hybrid funds

Index funds, active funds, equity: How beginners should approach investing

Ensure the money you are investing is strictly for more than five to seven years

Physical, digital, funds: How to think about gold in your portfolio

If you are looking to double your money quickly, gold is the wrong asset

Pre-filled forms, guaranteed returns:Red flags when buying insurance online

A 'three-click' checkout for high-value insurance without thorough medical or lifestyle vetting is a major red flag

Momentum factor funds: Invest only with 5-yr horizon, high risk tolerance

Use them as part of a portfolio containing multiple factor strategies

Passive hybrid funds: Understand index mix, tax treatment before investing

Those who do not understand the underlying equity and debt indices should stay away

Credit cards & Gen Z: Spending should not exceed 20-30% of take-home income

Credit utilisation ratio should remain below 30%

Test reports, signatures: Documents you need for medical insurance claim

Ask the hospital for a detailed and itemised bill as insurers need to see exactly how many syringes and medicines were used to deduct non-payable items

Critical financial mistakes that can derail long-term retirement planning

Invest at least 25%of your post-tax income exclusively for retirement

Exit load to tax impact: Mistakes to avoid when redeeming mutual funds

Withdrawing money too early breaks the compounding process that helps your money grow over the long term

Save and indulge: How to build a money plan that works for your lifestyle

Automation is the best strategy for saving money: If you have to make a conscious decision to save every month, you will fail

Home loan to daily essentials: How to prepare financially for job loss

Your emergency fund must increase as your monthly bills increase, say experts

How to reset your personal financial plan when major life changes occur

Before modifying investments or changing your lifestyle, calculate the cash you can access within 24 hours

What is a financial review and how often should you such an audit

Sit down with your spreadsheets or finance apps and check your structural alignment

What is debt consolidation financial strategy, who should consider it

It provides psychological relief but can lead to a much deeper debt trap if spending habits do not change

Achieve your wealth goals, follow this roadmap for the next five years

Calculate how much you can invest each month and then decide everything you want to achieve in the next five years

Making an insurance claim in crisis: Shifting from panic to protocol

Filing a successful claim involves following a strict chronological sequence that leaves the insurer with no valid reason to deny you

File full and accurate details in tax return forms to claim deductions

Providing incomplete or inaccurate information can have penal consequences

How cryptocurrency investors can avoid tax and regulatory trouble

Use registered platforms, report every trade and maintain a complete audit trail

Avoid a costly early exit: Steps before surrendering an insurance policy

Assess the policy's returns, risks and liquidity restrictions, and ensure that you can sustain the premiums throughout its term