Category Archives: Financial Independent

How To Claim HRA Exemption While Filing Income Tax Returns – MoneyMindz

By | 21/07/2018

   It is tax time! July 31st is the deadline to pay taxes. While you are filing income tax returns as a salaried person, House Rent Allowance (HRA) is one of the frequently acknowledged allowances you receive. Hence, if you are living on rent, you are eligible to claim exemption on it. You have to… Read More »

Losing Money Foolishly Is Way Easier Than You Think- MoneyMindz

By | 20/07/2018

Once you have started handling money, it is the easiest task to squander away all that money. This is especially true when you have begun earning. You think you are self-sufficient but in reality, you would be committing serious financial mistakes that you will pay the price for in the future. Want to know how… Read More »

Ten Mutual Funds Investments Adding Value To Your Wealth- MoneyMindz

By | 19/07/2018

If you are an investor looking at wealth creation over the long term, equity mutual funds are a great investment. We have a dozen and four mutual funds to raise your wealth. Many investors looking for high returns opt for stock markets. But investing in stock markets requires a thorough understanding of the market and… Read More »

Retirement Planning Stages One Should Know- MoneyMindz

By | 18/07/2018

We know what Retirement planning is. Retirement planning means determining retirement goals and taking necessary actions for the same. You allocate revenue for your retirement days. This is done to remain financially independent during retirement years and not depend on anyone during the golden years. One of our financial advisers, Venkat (NAME CHANGED TO PROTECT… Read More »

What Factors Will Affect Your Credit Score?- MoneyMindz

By | 17/07/2018

Credit cards have become common nowadays. So much so that many of us depend on credit cards for daily transactions. However, did you know that a few things can affect your credit score? What is a credit score? A credit score is a numerical expression based on a level analysis of an individual’s credit files,… Read More »

Why Your Life Insurance Claim Could Be Denied?- MoneyMindz

By | 17/07/2018

You have understood the importance of life insurance and are looking for where to purchase life insurance. Or you have done all that you could for your beloved family and became a star up above the sky. However, certain situations will ensure rejection of life insurance claim! Shocked?! Here are a few reasons your life… Read More »

What Should You Avoid While Making Investment?- MoneyMindz

By | 14/07/2018

Many investors like to invest less and earn more returns. They do so many things to increase their returns that many times they end up committing mistakes. What are those mistakes? Following the herd mentality If X number of people recommend t6his product, it doesn’t mean the same product will work for you. Don’t fall… Read More »

Avert These Errors While Buying Life Insurance- MoneyMindz

By | 14/07/2018

You know the importance of purchasing a term insurance plan. However, some people are bound to commit certain mistakes related to life insurance. Here are some mistakes that you should not commit. Not many people in India are aware of things like insurance and investment while some of those who are aware of those are… Read More »

Tax Saving Infrastructure Bonds Are A Good Option- MoneyMindz

By | 13/07/2018

Tax saving infrastructure bonds are a good option in the fixed income category. These are issued by infrastructure companies approved by the government and also they offer a decent rate of interest plus tax benefits. What is infrastructure? Infrastructure is nothing but the fundamental benefits for the economy to function effectively. It is the basic… Read More »

Mistakes To Be Avoided While Buying Health Insurance- MoneyMindz

By | 13/07/2018

Emergencies often come without prior announcement, more so in the case of medical emergencies. With inflation, costs are rising day by day. Sometimes we purchase the wrong insurance due to someone’s advice without doing our own research. Let’s take a look at some mistakes to avoid when you buy health insurance. Trying to save tax… Read More »