The term life insurance plan makes sure that your family has enough money to provide for themselves if you were to meet an untimely death. Hence, it is an absolute necessity for every earning individual of a family.
The first stage is bachelorhood. At this stage of life, you are very happy as you have a job and you are financially independent. You can spend money as you wish.
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Once our investment journey starts in the late 20s or early 30s, it strikes us that we have lost a few precious years to let the power of compounding play the magic with our money. And that is when the thought of ? not starting early’ becomes a regret.
COVID 19 pandemic was a wake-up call in several ways. From the personal finance perspective, it reminded us of many things that we were all aware of but hardly cared about.
There are rules of thumb for everything. In terms of investing, there are certain thumb rules that help us ascertain how fast our money grows or how fast it loses its value. Then, there are rules to make our investment process easier
