Category Archives: Finance Mistake

How To Attain Financial Freedom? | Financial Adviser | MoneyMindz

By | 24/05/2018

Majority of the people desire to be financially secure. However, many hardly realize that mere wishing is futile. How to attain financial freedom? Here are a few tips to follow. 1. Life Goals Determine each goal and how long it will take to accomplish it. Emergency savings, retirement planning, children’s higher education fees and so… Read More »

Education Loans to Study Abroad | Financial Advisory India | MoneyMindz

By | 23/05/2018

In many countries, 70% TO 80% foreign students aren’t being funded by universities. Neither can we self-fund. In order to do an MS in the US, 30 Lakhs to 1 crore required! 1. Rate of Interest What is the rate of interest? The extra amount paid by you to the bank on the principal amount at the event of taking… Read More »

Cash Flow Management: Are You Aware Of It? -MoneyMindz

By | 11/04/2018

A ‘Cash Flow’ can be described as a real or virtual movement of money. In a narrow sense it can be explained as a payment made from one central bank account to another, the payments that are expected to happen in future which are uncertain and as a result, need to be forecasted with cash flows.… Read More »

Tax Changes Will Come Into Effect From 2018 April 1 – MoneyMindz

By | 23/03/2018

The Finance Bill 2018 was passed on March 14 and it will become law by April 1 once President Ram Nath Kovind signs off on it. Once it becomes law it will directly have an impact on the taxes you pay. Some of the key changes include reintroduced standard deduction, tax relief for senior citizens,… Read More »