You would have created assets over a period of time. Your family is financially dependent on you. It is vital to ascertain how the family is financially protected and how the assets are distributed once you are no more. If you do not have an estate plan in place, the court will make decisions which may or may not be in your or your family’s best interests.

Summary – The Richest Man in Babylon.

The story is set in Babylon, which was once a city of wealth and splendour due to the hard work and wisdom of the people there. In the book, a wise, rich man from Babylon offers valuable advice on how to create and preserve wealth. Here is a summary of the lessons in the book –

To begin with, the seven rules of money to be practiced are listed. These comprise of steps without which one cannot generate wealth –

Save money. He says for every ten coins, you put in your purse, spend nine. This way you will accumulate money over a period of time.


Equity Linked Saving Scheme (ELSS) is a type of mutual fund that is eligible for tax deduction benefits under the section of 80C of the Income Tax Act, 1961. Due to higher returns and lowest lock-in period of 3 years in the tax saving category, ELSS is quite popular. ELSS funds generate returns by primarily investing in equity and equity-related instruments. This also makes it a suitable investment option for a person with long term goals.

What is Real Estate Investment Trust (REIT)?

In India, SEBI requires REITs to be listed on exchanges and to make an initial public offer to raise money. Just like MFs, REITs are subject to a three-tier structure, the sponsor who is responsible for setting up the REIT, the fund management company which is responsible for selecting and operating the properties, and the trustee who ensures that the money is managed in the interest of unit-holders.

Why take a Joint Home Loan

Joint Home Loan Eligibility

The relationship between the co-applicants governs the joint home loan eligibility.
Any two or more persons can jointly apply to buy the home.
Spouse, siblings or parents are considered as valid co-applicants or co-borrowers.
Friends, sisters or unmarried couples, business partners can be a co-owner of a property but they cannot be a co-borrower in a joint housing loan.

A Rich Life

Financial Stability

Financial stability and success is essential to have a good life. It gives you peace of mind. If you are financially stable, you can think of non-monetary aspects of life that will allow you to live a complete life.

How do you bring financial stability?


The values of this grouped stocks are used to calculate the value of the index (typically a weighted average). Any change in the price of the stocks leads to a change in the index value. An index is thus indicative of the changes in the market and used by investors and financial managers to describe the market and to compare the return on specific investments.

An Investors look at Government Subsidies Sectors and Products

Government Subsidy for Small Business – Organic Farming The Government of India under National Project on Organic Farming gives capital free credit to business generation units producing organic fertilizers / bio-fertilizers. NABARD/NCDC will discharge the qualified subsidy amount by DAC ahead of time according to the necessity. You will get half advance subsidy to the taking interest banks for keeping the same in subsidy save subsidize proof of the concerned borrower.