Every household should maintain a budget, like central and state budgets. When both partners are clear about where each rupee goes, it can reduce money-related stress and help them lead comfortable lives. Almost everything in life involves money. Anyone who says otherwise is not being truthful. Money is essential for maintaining relationships, funding children’s education, … Read more
Teaching children about money is crucial for their financial future. Instilling good money habits and financial literacy in kids helps them make informed decisions and achieve financial stability. Financial literacy is a superpower that sets them up for success, and you’re their guide. Discover essential financial lessons for kids to help them understand the value … Read more
Everyone is familiar with real estate investing, whether renting out a house, selling property for profit, or managing land. Digital real estate operates in much the same way. Every domain name, website, and blog you see online represents a form of internet property, collectively known as digital real estate assets. Just like physical properties, you … Read more
If you persist in your current spending habits, you’re teetering on the edge of a potential financial crisis. This is why the concept of saving is not just important but crucial. Do you know how to save money without spending on your salary? We work hard all month to earn a salary, but often, it … Read more
Sometimes, ATMs dispense torn, badly crumpled, or damaged currency notes, which can confuse customers. It’s essential to recognize that you cannot return a damaged note to a shopkeeper after receiving it from an ATM as if it were a new note. Generally, no one will accept torn or damaged notes in the market. Therefore, obtaining … Read more
Many people in India dream of moving to other countries, believing obtaining citizenship there will lead to a comfortable life. However, knowing that you can also earn dollars from the comfort of your home is essential. Some individuals work hard to achieve their dreams of going abroad, calculating that a job in a foreign country … Read more
The US dollar has strengthened significantly, while the Indian rupee has fallen to a lifetime low. Currency depreciation, like the rupee, can be viewed positively or negatively. When the rupee depreciates, imported goods become more expensive, creating more opportunities for exporters. The Reserve Bank of India (RBI) intervention is necessary to prevent excessive market fluctuations. … Read more
Many people work hard but need to earn more money to meet their needs. Instead, they often rely on additional sources of income to supplement their earnings. Some individuals consider quitting their jobs to start a business. However, leaving your job to earn extra money isn’t necessary. You can earn more than your salary by … Read more
A few years ago, the central government changed the tax rules regarding employee gratuity payments. According to this amendment, gratuity amounts received by employees are not taxable up to Rs. 20 lakhs. This tax-free gratuity limit was increased to Rs. 25 lakhs in May 2024 and will come into effect on January 1, 2024. According … Read more
In today’s society, middle-class families face significant financial stress due to minor mistakes. However, this burden can be avoided by following some basic principles. Let’s explore them now. Planning for the future: Many middle-class families live in the present without considering the future. It’s essential to anticipate significant future expenses such as marriage, children, and … Read more