New Year 2024: How to level up financial knowledge with the rule of 72?

As the new year unfolds, our aspirations centre around witnessing the growth of our finances. There’s an unparalleled satisfaction in realizing your financial objectives, particularly after dedicated periods of investment. The ongoing fluctuations in the market have spurred numerous individuals to delve into the intricacies of personal finance. Simple calculations, such as formula 72, have … Read more

Financial Planning: 4 experts share tips on how to plan your finances for 2024

Most experts believe that the key to financial planning is diversification based on your risk profile as well as the duration you want to remain invested for. Diversification is one of the most important techniques in financial planning and investment. It is basically not putting all your eggs in one basket and hence aims to … Read more

How to Donate to Charity, Get a Tax Break and Have Income for Life

Tax breaks for charitable donations come in many flavors, and this year Congress has a new one for seniors called an IRA charitable gift annuity. It allows older owners of traditional IRAs to donate account funds to a charity and get tax breaks plus income payments for life.  Brian and Deborah Smith of Park City, … Read more

How to achieve financial goals faster with step-up SIPs this new year?

Diwali signals the commencement of a new year for numerous Hindus in India. Spanning five days, this festival is marked by the illumination of lights, vibrant fireworks, and festive feasts. The significance of designating this celebration as the harbinger of a new start lies in its association with the goddess Lakshmi, the revered Hindu deity … Read more

Diwali 2023: How to navigate and manage finances during festive season? Here are 6 ways

The festive season is upon us. It brings along joyful opportunities to celebrate and create cherished memories with loved ones. As we eagerly anticipate the festivities, there is always a little lingering worry about the expenses the festivals entail. To make sure that you enjoy your festive celebrations, without worrying about beginning the next year … Read more