Tag: Goal-Based Investing
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Tips to Improve Your Financial Literacy
In this day and age, many Americans, especially younger adults, can be classified as ‘financially illiterate’. A study conducted in the recent past states that nearly two-thirds* of Americans can’t pass a basic financial literacy test. Most of these people don’t know how to manage their finances because they were never taught how to do ... -
Why Are Dividend-Paying Schemes Better Investment Options?
Investing in different instruments for growing one’s wealth or for the intent of building a passive income, has become an integral part of financial planning. However, efficient money management is as important as investing itself. Choosing the right investment option at the right time is the need of the hour, but so is using the ... -
Are You Taking Note of These Frugal and Smart Money Habits of The Rich?
Business magnate and philanthropist, Warren Buffett once said, “Someone is sitting in the shade today because someone planted a tree a long time ago.” Most people aspire to be millionaires living in big mansions and owning precious assets. But being wealthy is not just limited to living life king-size. The rich and famous personalities around ... -
How to make Health Insurance part of your Retirement Planning
It is a universally accepted fact that health is wealth. Naturally, health should be of prime importance when planning for retirement too. As one ages and nears retirement, the body is more prone to medical issues. If you are wondering why it is important to include health insurance in your retirement planning priority list, here ... -
Why Investing for goals is the right way of Investing?
There are a lot of questions one asks before investing. But the most important question remains- where to invest and why? A lot of people seek answers to this based on external factors such as the market value of the investment. However, that is secondary. You must first ask yourself – What goals do you ...