This is a guide to Education Planning in India

Across India, parents are waking up to a startling reality.Raising a child is no longer an emotional journey alone, it is a major financial one. Recent data shows that the cost of educating one child from preschool to graduation in urban India now ranges between ₹38 to 45 lakh , and this number is rising faster than most families expect. Why are costs rising so quickly? Education inflation is growing at 10 to 12 percent annually. This means the cost of schooling doubles rough

What you do with surprise money reveals more about your financial future than your monthly salary ever will. Introduction: Bonuses, tax refunds, incentives - these small financial windfalls often feel like a reward for hard work. And what do most of us do with rewards? We spend  them.  A weekend trip, a new phone, a fancy dinner - it feels justified, even necessary. But here's the trap: we plan our salaries but not our bonuses.  The money that could push us forward often ends

“I’m 27, just got my first job, and my family wants me to buy life insurance now. What should I do?” A question I see very often - especially from young professionals starting their careers. Let’s break it down clearly and practically. 𝗦𝗵𝗼𝘂𝗹𝗱 𝘆𝗼𝘂 𝗯𝘂𝘆 𝗟𝗶𝗳𝗲 𝗜𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲 𝗮𝘁 𝟮𝟳? 𝗧𝗵𝗲 𝗧𝗿𝘂𝘁𝗵 𝗡𝗼 𝗼𝗻𝗲 𝘁𝗲𝗹𝗹𝘀 𝘆𝗼𝘂 You should ideally buy life insurance the moment you start earning — but only if you meet certain eligibility criteria. Insurance

This is a common question I hear from investors who are planning early retirement. And the answer is not a simple yes or no. It depends on your goal, your risk appetite and your comfort with market fluctuations. Let’s break it down. You have one goal: retirement at 50, and you have a clear timeline of 17 years. With one long-term goal, it is possible to use one fund, but only in specific situations. When one fund might be enough If your risk appetite is moderate or low, and y

If you’ve ever planned an international trip, you’ve probably wondered:  “Should I buy travel insurance right before I leave, or now?” It’s a simple question, but an important one. The Short Answer: You can buy your travel insurance anytime before your trip begins.  Your premium is calculated based on: The start and end dates  of your travel Your destination Your age The coverage amount  you choose Even if you purchase your policy a month in advance, the cost won’t increase 

A gentleman once came to us with a worried face. He said, “I have diabetes and blood pressure. Everyone tells me no insurance company will touch my case. Is that true?” This is one of the most common fears people have when it comes to health insurance.  The truth is: yes, you can still get covered even if you have pre-existing conditions. But here’s how it really works: If your condition is mild to moderate (like controlled diabetes, hypertension, thyroid), most insurers will

A study by Max Life Insurance revealed that while India’s Retirement Preparedness Index improved by 3 ranks from the previous year, nearly half of Indians haven’t started saving for retirement.   61% fear they’ll run out of savings within 10 years of retiring, and 90% of Indians aged 50+ regret not starting earlier. Financial expert Shiv Bidani highlights that urban Indians are too occupied with daily routines to think about retirement.   Traditional investments like gold and

India leads in vulnerable employment: 74% of our workforce holds insecure jobs (own-account or contributing family work), the highest share among G20 nations. ( https://www.forbesindia.com/article/news/graphic-of-the-day-indias-job-market-insecurity-and-vulnerability/2987204/1 ) That tells us something important, many people today don’t have guaranteed job security. In times of disruption - whether due to layoffs, business decline, pandemics, or technological shifts.. what do

This is a article on zero depreciation on vehicles