Do you hold a Demat account or planning to get one? Then you should know what is a Basic Service Demat Account, because it can be helpful for you if you are planning to trade very less and want to save on yearly maintenance charges. Basic Services Demat account as its name suggests is a basic version of a full-fledged Demat account which provides basic level services. It’s ideal for…
Buying Term Insurance Plan? Here are 20 Critical things to keep in mind
If you are planning to buy a term plan in coming weeks, then you are at the right place, because today I will share dozens of points which any term plan buyer should know before they buy the cover. So, if you have no idea of how does term insurance work, and if you have asked yourself – “Which term plan should I buy?”, then you are at the right…
7 alarming signals that you will not retire RICH in future
Will you become RICH in future? I know it’s your aim and you want to become rich, but there might be many things you are doing which is increasing your chances of remaining poor or middle class going forward. These are clear indications or signals that you might not become RICH and it’s time to do something about it. I want you to read each point I am going to…
How much HRA can you claim? (with calculator and video explanation)
Do you get HRA as part your salary? If yes, then it’s critical for you to understand how the HRA exemption amount is calculated? In this article, we will talk about things like what is HRA? How to calculate HRA? And various other things related to house rent allowance. You can check out the video below to quickly understand everything about HRA What is HRA? HRA i.e. House Rent Allowance…
Do you want to Retire Early in India? A detailed guide with Excel calculator
Today you will read one of the fascinating stories of one of our readers (Naren from SavingHabit.com) who has shared his personal journey on early retirement and also gave a step by step path on how to change your mindset about it. This is a long article, but quite deep on the topic of early retirement. I suggest you read till end.. Over to Naren – A few weeks back, I had…
5 benefits of investing in auto mode at the start of each month
There are two types of investors. Category 1 – Those who invest their money manually at end of each month Category 2 – Those who auto invest at the start of each month. Today we will discuss which option is better than other and what are the benefits of choosing the auto investment mode in start of the month While investing at the end of the month manually is very…
Hey Married Men – Do you know about buying Life Insurance under MWP Act?
Do you have any life insurance? And are you really very sure that it will protect your family? Majority of people who buy life insurance in India, buy it for the sole reason of protecting their family’s future. But is taking the life insurance a sure shot way to protect your family (I mean your immediate family here, which is spouse + kids)?. If the primary breadwinner dies because of…
3G Theory- A must read for all investors
We would like to share one of the recent interactions we had with one of our past clients. There is something important to learn from the interaction we had and so we thought of sharing the same with all of you. Client: Hi Nandish, This is Sam (Name changed), Do you remember me, I joined your financial planning service 2 years ago. Nandish: Yes, Sam I remember you, tell me how can…
Is it right to submit fake rent receipts at my office to claim HRA?
If you are living in a rented house and using any fake documents for HRA claim then be careful. Because from now on there will be a big trouble for those who are using fake rent receipts to claim HRA, as Income tax department have started asking for more document. Many times it is seen that people claim for HRA by submitting fake rent receipts. This also helps to get them…
The myth of “Early Retirement” – A real life case study !
This article is a guest post by one of our readers Vikram Agarwal, who wanted to share his experience on the concept of “Early Retirement”. Vikram was generous enough to share his story and some of the real life things which will make you think hard about this concept. Like Vikram, if you feel you can write on jagoinvestor, please click here Over to Vikram .. — Most of my friends…
