The most immediate benefit of a fixed income is its contribution to effective budgeting. With a predictable paycheck, Gen Z can allocate funds for essential expenses like rent, utilities, groceries, and transportation. This allows them to plan their spending more effectively, ensuring they can meet their basic needs without living paycheck to paycheck. Additionally, knowing …
Amidst a multitude of investment options, each with its unique advantages, National Savings Certificate (NSC) issued by the Indian government is a conventional yet widely embraced investment choice. For those unfamiliar or new to the investment landscape, the NSC is a fixed-income investment program that provides a secure and reliable option with assured returns. It …
Planning for retirement is a crucial aspect of one’s financial journey, and selecting the right investment instruments to build a solid retirement portfolio is no easy task. Amongst the various options available, Unit Linked Insurance Plans (ULIPs) have gained significant popularity in recent years. ULIPs offer the dual benefit of insurance coverage and investment opportunities, …
Independence Day 2023 is an ideal time to figure out various investment options to achieve financial freedom. The pursuit of financial independence has now taken on an entirely novel aspect. In an era full of possibilities as well as difficulties, being financially independent is now even more essential. “From digital currencies to crowdfunding along with …