Hyderabad is the capital of Telangana and has been ranked as one of the best cities for living in India for several years. If you are considering moving to Hyderabad, knowing how much money you will need to live comfortably is important. The cost of living depends on several factors,
Albert Einstein said, ‘Compound interest is the eighth wonder of the world. He who understands it, earns it, he who doesn't, pays it.’ So, the compounding effect on a regular investment of a small amount over the long term can help you to accumulate a large corpus. Often, many individuals
The government offers several ways to legally reduce your liability and save taxes. There are various tax-saving avenues where you may invest your money to reduce your tax liability. You have two options to save taxes; the first is tax deduction and the second is tax exemption. In this article,
Portfolio diversification across different financial products helps mitigate investment risks. You may invest in different asset classes, such as debt, equity, gold, real estate, and others. Furthermore, you may pick from different products within the various asset classes. If you invest in equities, choosing shares of different companies with varying
If you are looking for ways to grow your money, you may consider putting it in mutual funds. Wondering what are mutual funds? We have got you covered. This type of investment is made by Asset Management Companies (AMCs). They collect money from institutional and individual investors and put it
When you are young, retirement might not seem like something to worry about. The retirement age in India varies between 60 and 65 years. So, you will work all your life, and then one day, your employer will say, “Thank you so much. Your services are no longer required.” And
Investing is the best way to effectively grow a fortune over time. Many people struggle to determine where to put their money as all plans come with different rules and regulations. Presently, two popular financial instruments are unit-linked insurance plans (ULIPs) and mutual funds. This article explains the differences between
The Financial Capital of India—Mumbai—is a famously expensive city. It is among the costliest metropolises in the country. The living cost here is higher compared to other major cities like Bangalore, Pune, and Delhi. Well, after all, it is one of the best places to live in India.
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