Personal finance

My kids don't have any grandparents, but we still help them make intergenerational friendships in our community.

Stephanie Mearse was homeless as a child and was a millionaire by 35. She teaches her kids about money, budgeting, and financial stability.

I was a single mom and thought I had to be 'both parents' to my son. I packed our schedules. Finally, I realized I was enough for my kid.

In India, as mandated by law under Motor Vehicles Act, of 1988, it is mandatory to have a third-party motor insurance policy for all motor vehicles. If you purchased bike insurance in April 2023, it will be up for Own Damage (OD) renewal in April 2024. Here are some tips that will make your bike insurance renewal journey seamless and convenient.

Government securities, commonly known as G-secs, are debt instruments issued by the Government of India to raise capital. These securities serve as a way for the government to borrow money from the public or institutions. G-secs come with fixed interest rates and predetermined maturity dates. They are considered among the safest investment options due to the sovereign guarantee attached to them, ensuring repayment of the principal amount and interest upon maturity. The credit risk on G-secs is thus minimal.

A personal loan can come in handy when you need money in case of an emergency. Being an unsecured loan, it requires less documentation and is easy to get. But it also means that the rates of interest are very high.Here are 5 things to keep in mind when taking a personal loan.Do you really need a personal loan? The first thing to ask yourself is whether you actually need a personal loan. If it is to buy something which you do not really need, then you should avoid it. Even if you need the money for an emergency, consider secure loans like loans against mutual funds, FDs or gold. A personal loan should always be the

If you have to define a roller coaster, you may very well take a look at how the stock market has behaved over the first four months of this calendar year. From reaching an all-time high to mid- and small-cap led corrections and Sensex crossing the 75k mark to wobbling over the last few days due to tensions in the Middle East, the market has all the elements of an enthralling thriller.

Index funds are funds that aim to replicate the performance of a specific market index, such as the NIFTY 50, Nifty Midcap 150 etc. These funds passively track the composition and performance of the underlying index rather than actively selecting individual stocks. They track respective indices, investing in the same securities in proportions mirroring the index.

When my kids were born, I only gave them my husband's last name. Years later I regretted it, and changed their names to include my last name, too.

People can be judgmental about the fact my daughter is an only child. I wish they wouldn't make assumptions; we have reasons for our small family.

Whether it is health, relationships or finances, each of these plays a very important role in our lives. And, at times, it may feel that you are not in control of one or more of these.While the best way to navigate this is to seek help, let us share some common wisdom for your finances. Looking at the big picture in such instances may seem daunting, but there are small things you can do to feel more confident about your finances. Some of these may seem obvious, but it is important to keep reminding ourselves about them.

If you have opted for the old tax regime, you have several tax-saving options to choose from. If you are employed, you would need to make a declaration of your tax-saving investments to your company at the beginning of the financial year, so that the company can factor in your tax rebates while deducting at source. However, you have time till March 31 of 2025 to make those investments, or slightly earlier, when your employer asks for proof.

In a T20, in the first six overs, also known as power play, the fielding team is allowed to have only two players outside the 30-yard circle. This allows the batting team to strike the ball over the inner fielding circle and score more runs. So, taking risks and putting up a good score during the powerplay, can help you stay ahead throughout the game.

A nesting divorce, where our kids stay in the same house and my ex and I move in and out, allowed our kids to keep their routines and minimized chaos.

I always wanted to name my son after my great-grandfather, but when I married my husband, his stepson had almost the same name. We did it anyway.

I was a single mom before getting remarried. It was difficult, but I was proud to provide for my son, and we formed a close bond.

I wanted my kids to have my maiden name to preserve my family legacy. My husband is very traditional, but we found a solution in their middle names.

The initiative aims to establish a Digital Public Infrastructure towards universalisation and democratisation of insurance as well as empowering and safeguarding policyholders' interests and achieve the vision of "Insurance for all by 2047”, said IRDAI in a recent press note. This marketplace can serve as a one-stop solution for all insurance stakeholders, promoting transparency, efficiency, and collaboration across the entire insurance value chain.

One of the best debt payment strategies is known as the avalanche method. The process is simple. You may have various types of debt. Debts like home loans and car loans are secured debts and will thus have lower interest rates. On the other hand, debts like personal loans and credit card loans will have higher interest rates. While home loan interest rates can be as low as 8%, personal loan rates can be as high as 24% and credit card debt can go as high as 42% per annum.

March 31 is the end of the financial year and is often a busy time for accountants and bankers. Even if you are not one, don’t let yourself relax, for there are a few crucial things to complete before this upcoming deadline to keep your personal finances in order. We look at five such financial tasks you should complete before the financial year draws to a close.

A therapist shared the subtle signs your parents may have had a favorite child and encouraged sibling rivalry by stoking competition and jealousy.

Budget 2020 introduced the new tax regime for FY 2020-21 in addition to the old tax regime. FY 2020-21 onwards the taxpayer can choose the optimum tax regime based on the tax saving potential, practicality, and immediate needs.The new tax regimes have reduced tax rates and slabs, but many of the common tax deductions that were available under the old tax regime are not available under the new tax regime.