The government of India launched the Senior Citizens Savings Scheme in August 2004 for senior citizens. The scheme offers a continuous income stream at better interest rates than traditional savings vehicles like bank fixed or recurring deposits. In other words, a compelling long-term savings option, SCSS is safe and is convenient to operate. In the…
Save money—Diversify your portfolio—Take the right investment decisions—Be future-ready financially. These are some of the most common financial pieces of advice you may have received. It is also true that we should live in the present. In this dilemma, has a question ever crossed your mind – Why should you save money for the future? There…
To make an investment plan is highly personalized. How much to save? How much to invest? Based on the feedback received so far, here is a step by step guide on how to create an investment plan. Based on a real-life situation, w will go through each and every stage. Step 1 – Establish the…
