Money Does Matter

Doctors, Teachers are no doubt respectable... But learn to respect your as well. They are the ones who will help you to pay the charges and fees of these doctors, hospitals, school, college, university, teachers....

And need I say anything about these charges and fees????

Have you heard about Recurring Deposit?? Do you know Recurring Deposit offered by banks? Good!!!

Well... is a recurring deposit in . It is as simple as that. No rocket science involved. No need to be an Investment Guru.

And it is not a product. It is a strategy.

A nice read.... And also worth putting into action.

Five steps towards freedom from financial worries - The Economic Times Everybody craves freedom from financial worries, but few are able to achieve this. Here are 5 things that will help you become financially free.

When it comes to financial planning, it is not about only investing in the right stock or funds or deposits or land or property. It also about right eating, drinking and being disciplined with that. The human machine also runs on a fuel. And that fuel is proper food, timely food and clean food. Remeber proper maintainance of any machine results in lesser break down.

How does this relate with Financial planning and creating wealth???

Simple, "A penny saved is a penny earned". Healthy eating, disciplined life means less doctor and medicine bills. Which means more surplus money. Which means greater wealth for now and tomorrow.

Think over...

Till recently, the general view was that Long Term Capital Loss in equities where STT is paid, being from an exempt category of income (Long Term Capital Gains in Equities where STT is paid is exempt from Tax), was not to be considered for set off against taxable capital gains. In other words it was considered as a Dead Loss.

Read on the below link to see the changes..

http://mintne.ws/1LtP5ry

Still need clarity on treatment of capital loss from share sale Till recently, the general view was that such a loss, being from an exempt category of income, was not to be considered for set off against taxable capital gains

Be highly cautious when your banker gives you a circular excuse on any matter whatsoever. Insist on the circular / notification number. 98% chances your banker will not be able to provide you with the same.

If the 2% probablity occurs then it is advised to be little proactive to visit www.rbi.org.in and refer to the circular / notification. Trust me the language is rather simple and clear.

Reserve Bank of India “To regulate the issue of Bank notes and the keeping of reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to its advantage”

With the ever rising it is imperative to get . But remember to go through the policy wordings in details. Almost all Health Insurance companies have a draft policy wording of their products in circulation. Do insist on getting a copy of the same from the sales representative, and read it thoroughly before signing of that cheque or hitting the "Pay Now" button. This small exercise could save you from a lot of hassle and misunderstanding during .

Beware of Banks or Brokers pushing you Life Insurance as 5 year / 10 year Fixed Deposit. It is not that Life Insurance is bad. Infact THE MOST ESSENTIAL financial tool. But, just be aware of how it is given to you.

When it comes to in should you select a fund with (High price per unit) or (Low price per unit)?

One of the most important actionables in apart from adequate is accurate . It could save a lot of harassment for your loved ones and safeguard their .

Is WILL a requirement only for the Rich and the Oldies???