What Is Asset Allocation And Why Is It Important?
Mastering the basics of asset allocation is the cornerstone of a successful investment strategy. By strategically spreading your investments across diverse asset classes—whether it’s stocks, bonds, or cash equivalents—you unlock the potential for higher returns while mitigating risk. The practice of distributing your investments across various types of assets holds the key to...
How To Start Investing? A Beginner’s Guide
In the world of finance, investing is like the compass that guides you towards a brighter financial future. This beginner’s guide simplifies the steps to kickstart your investment journey, making the complex world of finance more accessible. The Importance of Investing Investing plays a central role in achieving financial stability and growth. Whether your ambitions include buying...
What Are The National Highway Authority Of India Bonds?
Long-term investments are important. As Robert Kiyosaki once observed, “It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.” Aiming for long-term returns comes with a multitude of benefits such as a lower expense ratio, less impact of short-term volatility, the advantage of compounding,...
How to use the Fintoo Chatbot for managing your money?
You might have already heard the story of the ant and the grasshopper. To sum it up, the ants planned for their future by managing their resources efficiently, whereas the grasshopper was simply careless about his future and his lack of planning caused him to suffer in the end. It usually takes so little to begin planning for your future. But often money management gets overlooked. Whether...
5 Steps To Build A Solid Emergency Fund
Uncertainties are a part and parcel of life. Some days things go smoothly as per your plan, while some days bring unexpected challenges. And these challenges come with financial setbacks. So, what’s the solution? An emergency fund. Now, before we dive into explaining the 5 steps to build a solid emergency fund, let us first understand what exactly an emergency fund...
Best tax saving investment options in Section 80C
Discovering tax-saving investment options may not be as easy as it seems, because, along with tax benefits, you also need to find an ideal investment avenue that generates good returns and aligns with your long-term wealth creation objectives. Section 80C provides a list of investment options under which you can claim a deduction of up to Rs. 1.5 lakhs. There are several investment options...
5 Financial Planning Strategies To Save Money
Salary day is undoubtedly the most awaited day of the month. Every month you decide that you will save as much as you can by avoiding unnecessary expenses. However, it becomes difficult to prevent certain unpredictable expenses and you are often left with little to no savings by month-end. We’ve all been there. Savings are a basic yet crucial part of financial management....
Missed The Financial Deadlines? Here’s What You Can Do Next?
With so many deadlines to keep track of, it’s easy to miss one or two. If you’re an investor or taxpayer who’s missed the March 31st deadline, don’t worry, you’re not alone. However, missing a deadline can have serious consequences, especially when it comes to financial matters. So, what should you do if you’ve missed the deadline? In this blog,...
How Does Financial Literacy Impact Women Entrepreneurs?
It is crucial for entrepreneurs, regardless of their gender, to make precise and effective decisions. In addition, they need to be able to forecast future demand and, therefore should possess a good understanding of the numbers, formulas, terminology, and fundamental financial principles involved in the process. With adequate financial education, entrepreneurs may be able to protect their...