Money resolution tips for 2023
We all make resolutions at the beginning of the year, but they typically end up being forgotten by the time February rolls around. One reason for this is that we frequently set goals that are too ambitious to accomplish. This is especially true when it comes to financial goals and our expectations versus actions, versus […]
How do you manage inflation in personal finance?
Let this headline sink in. Retail inflation in the nation, as determined by the Consumer Price Index (CPI), decreased from 6.77 percent in October to 5.88 percent, an 11-month low. Inflation in the food basket, as measured by the Consumer Food Price Index (CFPI), decreased month over month from 7.01% in October to 4.67% in […]
Monthly Average Balance in Savings Account: What, How, and Why
Let this headline sink in. According to information obtained through an RTI filed in 2017, SBI had received Rs235 crore in fines from 3.89 crore normal savings accounts for failing to maintain a monthly average balance. This is from a PSU which has a far lower minimum balance requirement in comparison to most private sector […]
Which vehicle-a Mercedes or a SIP-would you pick?
If you haven’t been living under a rock, you’ve probably heard about the current trending debate on SIPs being the luxury automaker’s main rival in India. The argument is pertinent in the Indian context because there is a much greater emphasis on saving than there is in the west. There aren’t any reliable state-run benefit […]
A Methodical Approach to Financial Decision-making
People with financial knowledge and decision-making skills may make good financial decisions by applying problem-solving approaches, critical thinking, and a solid understanding of core financial facts and ideas. Investors with excellent financial knowledge and decision-making abilities can confidently analyze choices and make decisions for their financial situations, such as how and when to save and […]
Staying invested even through volatility
Investors can’t help but wonder, “Trick or treat?” as US stock markets rally and a lower likelihood of a US recession erupts, which suggests inflation is plateauing. Indian market to is a bit volatile, with a fall in oil prices (due to the emerging COVID curbs in China) leading to FPIs investing nearly $1 billion […]
How should loan repayments be planned?
Imagine a world free of debt. Even the mere idea of being debt-free can be so liberating. Debt is not only a burden financially; it can also be mentally taxing to know that you have to repay a loan for many years to come. According to SBI research, India’s household debt increased significantly, from 32.5% […]
Quarterly Financial Magazine October 2022
The life we create around can often be in conflict with the values we have within us. For instance, do our actions align with our values when it comes to money? Have you ever defined your values in this regard?
Investing in direct equity? Ask these questions
The simplest definition of shares of a company is “ownership.” Anytime an investor purchases stock in a company, they automatically acquire a stake in that company. As a result, you are referred to as an equity shareholder in the business. Given that you possess the company’s stock (shares), you are qualified to share in its […]
Why is “Time in the Market” better than “Timing the Market”?
A “buy low, sell high” approach is frequently related to timing the market. An investor might decide to sell shares of their equity investments, for instance, to protect a gain or avoid a loss if they thought the stock market was due for a correction. The distinction between investing and speculating can be made by […]