Category Archives: Financial Knowledge

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 »

The Process of Financial Planning Made Clear – MoneyMindz

By | 12/07/2018

We all make so many resolutions to ourselves “This Year, I will begin saving”, “This festive season I will begin to keep a budget” and so on. But few of us actually succeed. Many others either ignore or give up in the middle itself. Then the process repeats for those who didn’t start. We have… Read More »

What Should A Student Know About Finance Before Going Abroad? – MoneyMindz

By | 12/07/2018

So you have finally secured admissions abroad and you are all aboard the ship/plane. However, before leaving, there are many things you have to know. Purchase travel insurance You might not go as a tourist. Nevertheless, it is still imperative to buy travel insurance. This depends on the length of your stay and the type… Read More »

Why Should I Construct An Emergency Fund? – MoneyMindz

By | 10/07/2018

We have all heard about investments. One such investment is building an emergency fund. Do we know the importance of this emergency fund? If not let us first, let’s know what an emergency fund is: What is an emergency fund? It is a corpus that would be utilized to pay for unanticipated events in life.… Read More »

Why Child Insurance Is Necessary?- MoneyMindz

By | 10/07/2018

It is said that children are Gods or manifestations of God. Children are equivalent to God. They are innocent, cute, kind and vulnerable beings. Children are precious and are 100% of our future. We have to safeguard them. How will you safeguard them? How will you ensure a bright future for them? First, let us… Read More »

Are You Aware Of The Term,’National Savings Certificate’? – MoneyMindz

By | 13/06/2018

Investments are varied in number. Your financial goal determines where you have to invest for better returns. One of the investment options available is National Savings Certificate also called NSC. What is National Savings Certificate? National Savings Certificate is a Government Savings Bond usually for small savings and income tax saving investments in India. It… Read More »

Should You Change Your Mutual Fund Investment Strategy After RBI Rate Hike? MoneyMindz

By | 08/06/2018

Rate hikes are never pleasant news for debt mutual fund investors and debt mutual fund traders, notably for those in long-term debt mutual fund schemes. RBI’s decision to raise key policy rates isn’t astounding or any such thing. Quite a number of mutual funds managers and advisers have been discussing rate raises for some time.… Read More »

Select Balanced Advantage Funds To Ride Out Volatile 2018: Experts

By | 07/06/2018

2018, as per wealth managers, might be a volatile year due to rising crude oil prices, state elections and the political uncertainty due to general elections to be held next year. Hence, they suggest investments be made in balanced advantage or dynamic funds, where fund managers can build up or cut down equity allocation to… Read More »

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 »