Category: Budgeting
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In the realm of home loans, understanding the nuances of repayment is paramount. Among the various strategies, the 3-20-30-40 rule stands out as a simple yet effective method. Let’s delve deeper into what this rule entails and how it can benefit Indian homeowners. What is the 3-20-30-40 Rule? The 3-20-30-40 rule is a straightforward guideline…
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Buying a car is an exciting milestone, but it also requires careful financial planning. The 20-10-4 rule offers a simple yet effective framework to make informed decisions about taking a car loan in India, ensuring you manage finances while driving home your dream car. This blog post decodes this how much should you spend on…
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In today’s dynamic world, financial security is more crucial than ever. While actively earning income is essential, the concept of passive income has gained significant traction, offering individuals the opportunity to generate income streams that require minimal ongoing effort. This blog post dives into various passive income ideas for Indians, empowering you to explore potential…
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For Indian investors seeking regular income streams to meet their financial needs and aspirations, monthly income schemes offer an attractive solution. These investment options provide a steady stream of income at regular intervals, helping investors maintain financial stability and meet recurring expenses. In this guide, we’ll delve into some of the best monthly income schemes…
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Life Insurance Corporation of India (LIC) is one of the leading insurance providers in the country, offering a wide range of insurance products to meet the diverse needs of individuals. If you’re a policyholder with an existing LIC policy nearing its expiry date, it’s essential to renew your policy to ensure continuous coverage and financial…
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For small business owners in India, managing taxes effectively can significantly impact the bottom line and overall financial health of the business. With the right tax planning strategies in place, small businesses can minimize their tax liabilities while maximizing their savings and profitability. In this guide, we’ll explore actionable tax-saving tips specifically tailored for small…
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In the world of investing, simplicity and long-term consistency often lead to success. The “Coffee Can Portfolio” is a strategy that epitomizes these principles, offering investors a straightforward approach to building wealth over time. Originating from a practice where investors would buy stocks and literally stash the certificates in a coffee can, this strategy emphasizes…
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Budgeting is more than just balancing your checkbook; it’s a fundamental tool for achieving financial stability and freedom. In today’s fast-paced world, where expenses seem to multiply and income may fluctuate, having a solid budgeting strategy is essential for navigating life’s financial challenges. In this comprehensive guide, we’ll delve deep into the world of budgeting,…
