Breaking the Chains of Debt: Gaining Financial Independence
In 2021-22, India’s credit card defaults stood at Rs 3,122 crore. By 2022-23, an alarming Rs 950 crore rise took the default numbers to Rs 4,072 crore. It is now evident that debt is becoming an increasingly prevalent issue in India. Debt can be a deceptive tool; it can unlock possibilities or ensnare you in […]
Mind Over Money: Break Free from Impulsive Spending
As a financial advisor in India, we’ve seen the impact of spending habits on our clients’ financial lives. Spending isn’t just about rupees and paise; it’s deeply connected to our emotions and psychology. Understanding this connection is vital to achieving your financial goals. Let’s delve into how our minds influence our wallets. The Desire for […]
Estate Planning in India: Is Your Legacy Protected?
It takes a lifetime to build your assets, now your dreams have turned into reality. However, ensuring a smooth transition of this legacy requires careful consideration. Surprisingly, in India, few people prioritise making a will. A stark contrast between India (<10%) and the US (46%) highlights the vast gap in estate planning awareness and practices. […]
Riding the Momentum: Are Investors Overlooking Quality in the Indian Market Rally?
The Indian stock market has been enjoying a strong rally in the past year, offering double digit returns. While this is positive news overall, a closer look reveals some interesting trends, particularly in the relationship between market price and Return on Equity (ROE). Mid-Caps and Small-Caps Outperform, But at What Cost? One key takeaway is […]