The two words ‘Financial Goals’ are fairly simple to understand. It’s the ‘WHY’ of your investing(s) and saving(s). It’s the reason why you are ready to cut down your spendings today and put aside a part of your hard earned income for tomorrow. (Remember Save vs Spend debate?). But… a lot of people invest without having […]
What is Goal-based Financial Planning Anyway?
When it comes to investing, most people are concerned whether their investments doing good – with respect to a benchmark or not (this benchmark can be an index, a friend or even a well-to-do family member). But ask them about whether their investments are on track to achieve their real financial goals and they would […]
Your Parents are not your Emergency Fund. Your Children are not your Retirement Fund.
Your Parents are not your Emergency Fund. Your Children are not your Retirement Fund. Strong and thought-provoking statements. Isn’t it? I am sure many of you will be having gut-wrenching experience right now after reading the title of this post. And many of you will also be feeling scared about your financial unpreparedness. But if […]