Page 7 - Your Money

ELSS: All about equity investment product that helps in saving taxes

Scheme lets investors gain higher returns for the long-term on a comparatively shorter lock-in period

Mutual funds to pension schemes: Choosing the right long-term investments

Wealth creation involves being goal-focused, ensuring regular contributions, performing timely review

Mutation to insurance: Extra costs you should budget for when buying a home

Stamp duty and registration fee are two costs that lenders won't pay for and you have to pay them

​Rent or buy? How young people should think about home and finances

Owning a property is not only about EMIs but involves taxes, maintenance, society fees, insurance and repairs

True cost to interest: How to choose a credit card that serves your needs

If you use the card wisely, pay in full and on time and keep utilisation at 30% or below, it improves your credit score

Wealth, health, peace: Why retirement planning should start early

Invest regularly to build a corpus that can replace 70-80% of your pre-retirement income annually

EMI, interest rate & tenure: How to judge the true cost of a loan

Taking a loan is one part but managing it well is what matters long term

Insurance is not investment: Know what it means and how it helps families

Insurance ensures that one unfortunate event does not lead to financial disaster

How to update nominees for bank, insurance, mutual fund, demat accounts

Having one or two nominees is enough; add more only if there's a clear reason

Equity savings funds: A sound option for stability-seeking investors

Equity savings funds usually suffer much lower drawdowns than pure equity funds

How term plans, personal accident, illness protection insurance cover you

Protection products are designed for specific scenarios and one must understand the terms before making an investment decision

Income tax return filing: How to avoid errors, notices and refund delays

Make sure to match Form 16 with AIS and Form 26AS, choose the correct ITR form, and compare tax regimes before filing

Home loan to medical bills: How to match investments with your goals

Write down your goals before putting money in any product and then set a deadline for returns

How to use salary hikes without derailing your long-term financial plan

Instead of moving to a more expensive house immediately, wait and see how stable your income and expenses are

Setting goals to reviewing returns: 10 steps to build a financial plan

Before investing in any product, you must know what the money is for and when you will need it

Save, invest: How to balance retirement goals with family responsibilities

Build your own financial security early in your career, no matter your family situation is

How to evaluate a mutual fund: Factsheet, SIP, expense ratio, fund size

Before looking at a fund's performance, you must understand its structure

How to build a disciplined investing process: The power of rebalancing

Change your portfolio only if your plan has and do not react to temporary market movements

Target, capacity, constraint: How to plan for big expenses without debt

As you work to achieve your goal, check whether you're on track and adjust for cost changes

List goals, set timelines: How to choose investment products with clarity

Don't put your savings in one place and instead, divide them across different buckets