Common people pay attention to the interest rates only and not on how they can impact the stock market. Explained here are some of the indirect links between interest rates and the stock market and show you how they might affect your life. The Interest Rate Interest is nothing more than the cost someone pays […]
Let’s face it; we all don’t make crores of rupees a year, and the odds are that most of us won’t receive a large windfall inheritance either. However, that doesn’t mean that we can’t build sizeable wealth – it’ll just take some time. If you’re young, time is on your side and retiring a crorepati […]
It is always said, ‘better late than never.’ While it is never too late to start saving for retirement, putting it off for too long can take a big bite out of your retirement nest egg. Saving systematically as soon as you start earning makes it easier to reach your retirement goal. Inculcating this habit […]
1. Get Paid What You’re Worth and Spend Less Than You Earn It sounds simplistic, but many people struggle with this first basic rule. Make sure you know what your job is worth in the marketplace, by conducting an evaluation of your skills, productivity, job tasks, contribution to the company, and the going rate, […]
It is important to understand the similarities and differences between saving and investing your money. It is also important to be surethat you are doing both within your budget and wealth building plan. Basically saving money is putting money aside on a regular basis. You spend less money than you earn and put the rest […]