Spending money is not only essential to fulfill your needs, but it also gives you pleasure and contentment, but everyone should develop healthy finance habits to lead a happy life. To keep your financial life running smoothly, you should make plans to manage your monthly budget. Financial planning is a term which includes different aspects, like budgeting, saving, spending and getting out of debt. It also includes making plans for
Income Protection is a policy which pays out 70-80% of the income if one is unable to work due to illness or injury. People who work for others buy online income protection quote without any hesitation, but when it comes to self-employed people, they don’t give much importance to an income protection policy. There are so many misconceptions about income protection; one of them is “Income Protection is not important
Personal loans are both beneficial as well as challenging. Today, they are one of the most essential financial tools in the event of a cash crunch. Thorough research and calculation are essential for deciding on the best loan scheme. All that becomes easier with a personal loan calculator. From the name itself, it is clear that it helps you to figure out the EMI’s you need to pay. These EMI’s
If you have been investing in mutual funds regularly, or a new investor looking to invest in mutual funds, it is imperative to learn how mutual funds work. During your learning phase, you may come across different types of mutual funds. One thing that remains common is the term “expense ratio”. But what does it mean and how does expense ratio impact your overall returns from a mutual fund investment?
Credit cards in India is not a new concept, however, the economic upliftment over the last decade and a half, coupled with the convergence of lifestyle across the globe have seen a greater number of Indians warming up to the idea of credit cards. In addition to that, the stigma of over utilisation and high credit interest charged by the credit cards is somewhat gone too. As a result of
Where to start to get ahead of this tax season Tax season can bring stress for most people, but it can be especially difficult for new business owners. Struggling with the ins and outs of taxes several days before they’re due is a common mistake. Rather than finding yourself in that familiar and frustrating situation, rely on the following tips to make the next tax season easier. Stay Up to
You may be surprised to find out that tax advisors don’t just handle your taxes once a year come springtime. While services vary by professional, many tax advisors also offer year-round financial support for your business. Unlike filing personal taxes which you really only have to think about once a year, business taxes are an all-year-long task — records don’t maintain themselves. Many tax advisors work primarily in business tax,
Good accounting practices are absolutely vital to the running of any type of business. No matter what industry you’re in, it’s important to have reliable financial records and good accounting reports that can help you back up your business decisions. In fact, accounting has often been called “the language of business,” and those in positions of power in business have been advised to master accounting terms so that they can
Just like other business activities, there are always merits and demerits when investing. As it is the case, investing in silver metals also has its own merits and demerits though, for a long period, it has always maintained a positive market demand. The demand for silver is mostly dominated by jewelry, industrial products, and bullion coins. There are also higher chances of finding silver in the stock exchange market as
Finances are something that can be very tricky to figure out. Often times, people find themselves in some kind of financial trouble or hardship for many different reasons. It is very common for people to start saving money only to be wiped out by something that was unexpected. For instance, there can be an unexpected emergency that costs almost as much as you have. Then there are times when you
