An additional source of income is the much-needed backup for families, with rampant unemployment and business losses caused due to the ongoing pandemic. With no guarantees being given on continuity of employment, breadwinners have to move away from relying on one source of income for their livelihood. Above this, what about preparedness for sudden unforeseen expenses in the…

While you plan for your child’s future need you could be confronted with various issues- how to start, what exactly to save for, how much needs to be set aside etc. Education costs have been sky-rocketing for the past few decades world-over such that parents are forced to begin planning for their child’s future a few years into their birth. Now will just the right…

“A substantial 83 percent of workers in India had a coherent plan in place for retirement as per a 2018 survey aimed at studying attitudes and preparedness for retirement in India. Out of these, 28 percent of the respondents stated that they had a written strategy towards their retirement savings. According to the global findings of the same survey, Indians were the most…

The rising cost of living is inevitable and once coupled with a stagnant inflow of money, the financial future of a family begins looking shaky. No matter the circumstance, essentials such as children's education, household expenses, groceries, etc. are bills one needs to attend to. Add to it several unrealized dreams and insufficient funds- an unsettled feeling sets in. Amid these worries is perhaps the biggest one of them all is what will happen to your family in your absence? How or can…