Planning for Retirement?
When in twenties, one hardly gives a serious thought to retirement. Once married and with a family, one starts approaching mid-thirties, one gets to clearly see piles of future expenses waiting right there
Be the Master of your Credit Card
Getting control of financial expenses is a challenging task and we want to get rid of this biggest stressful job. The age old prophecies of spending and savings are nowhere in sight.
Make optimum use of LTA while holidaying
Well, come summers and already your wife and bachchas would be onto you for that long awaited vacation.
Tax planning, but what about salary restructuring?
Most of us would have been running around to make final investments to minimise tax liabilities.
Stop your spending leaks
If you find your salary being spent before the end of month, just think over it. Do you plan your shopping in advance?. Do you buy things that are on your shopping list? Are you tracking your credit cards?. If your answer is no, then spending leaks are bound to happen. And the biggest reason for this is the unplanned use of money. I am sure many of us are the victims of overspending.
Set your family goals
We often find ourselves daydreaming – if I had so much money, I would buy this, pay off this debt, be rich and happy ever after. But realistically, this windfall is not going to happen soon. And even if it does, believe me our financial concerns would never end. Money - Whether you have it less or more, it is important to manage it with skills and sound financial practices.
How to claim HRA tax exemption
You say House Rent Allowance (HRA) and the mind is full of questions - how to calculate it? Am I eligible to claim exemption against it?
Investing in insurance to save tax? THE BIG MISTAKE
Come January and we see a madness to invest in a tax saving instrument. And in a hurry, often we end up committing ourselves to huge layouts every year.
Income tax: Declare before it hurts you
Carelessness can hurt pretty badly. And so did it to me. It was quite a bitter experience for my husband and me last year when our negligence left us with just a fourth of our combined salary to meet our monthly expenses – and that too for two consecutive months.