The 50-30-20 Rule Doesn't Work for Indian Salaries - Here's What Does
The 50-30-20 rule - 50% on needs, 30% on wants, 20% on savings - was designed in America by Senator Elizabeth Warren. It works reasonably …
Read MoreHow to Use NPS Tier 2 as a Better Alternative to Mutual Fund Investments
Most people know NPS Tier 1 as the retirement account with a lock-in until 60. Far fewer know about Tier 2 - the voluntary savings account …
Read MoreTerm Insurance at 25 vs 35 - The Rs. 8,000 Monthly Difference Nobody Tells You
Buying term insurance ten years later does not just mean slightly higher premiums. Here is the actual rupee difference and why it compounds …
Read MoreRenting in Mumbai at Rs. 35,000 vs Buying a Rs. 1 Crore Flat - The Real Math
The rent-vs-buy debate in Mumbai is not as obvious as your parents think. Here is the actual math on which option builds more wealth over 20 …
Read MoreEPF vs NPS: Which Retirement Account Wins for a 28-Year-Old?
If you are 28 and salaried, you already have EPF running in the background whether you chose it or not. The question is whether you should …
Read MoreThe Credit Card Trap: How Revolving Credit Quietly Destroys Wealth
The credit card bill arrives and you pay the minimum amount due. The bank is happy. You feel like you handled it. What you have actually …
Read MoreThe Step-Up SIP Strategy That Could Double Your Retirement Corpus
Most people start a SIP, set it at Rs. 5,000 or Rs. 10,000, and forget about it for 20 years. This is better than nothing. But there is a …
Read MoreThe Real Cost of Paying Only the Minimum Due on Your Credit Card
Paying the minimum due feels safe but it is one of the most expensive financial mistakes you can make. Here is the math that banks do not …
Read MoreHow to Negotiate a Lower Interest Rate on Your Existing Home Loan
Most home loan borrowers pay a higher interest rate than they need to. Banks count on inertia - the fact that you will not bother to …
Read MoreWhy ULIPs Are Still Being Sold and Why You Should Still Avoid Them
ULIPs have been reformed, rebranded, and re-pitched. The math still does not work for most buyers. Here is why the product persists and why …
Read MoreEducation Loan Repayment Strategy: Prepay or Invest?
You have an education loan at 10-12% and Rs. 50,000 spare cash. Should you prepay the loan or invest in mutual funds? The answer is not as …
Read MoreThe Real Reason Your Loan Gets Rejected Despite a Good Credit Score
Your CIBIL score is 780 and your loan application still came back rejected. This is more common than you think, and it is almost never …
Read MoreRs. 25 Lakh Health Cover vs Rs. 50 Lakh - The Premium Difference Is Smaller Than You Think
Most Indians who buy health insurance for the first time pick a round number - Rs. 5 lakh, Rs. 10 lakh, Rs. 15 lakh - based on a vague sense …
Read MoreWhy Indians Are Underinsured by Rs. 50 Lakh on Average
The life insurance coverage gap in India is staggering. Most families have coverage that would last their dependents 18 months, not 10 …
Read MoreThe Rs. 10,000 Annual Fee Credit Card That Actually Pays for Itself
Premium credit cards with high annual fees can deliver returns of 2-4x their cost if you use the benefits intelligently. Here is which ones …
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