Life insurance can be an important asset to have, no matter where you are in life. If you have a family of your own, life insurance can help your family survive financially, if they didn’t have your income to support them any longer. And for retirees, life insurance can benefit surviving family members, can be […]
Financial Freedom
Financial planing for new parents – a quick guide
Fatherhood is a beautiful feeling for every father of a newborn baby. But then a baby changes the whole thing, including your bank balance. While many expenses are inevitable – like medical and vaccination costs – as a new parent, you can still slice major costs with some thought, planning and creativity. Both parents have […]
Life Insurance Myths: Get the Facts and Protect What Matters Most – 1
AssuredGain – Chennai’s leading financial planner brings a series of article decoding myths of life insurance. We’ll do anything to protect our loved ones, right? But, far too often, most people don’t have life insurance, or if they do, they do not have enough. Their reason for not having life insurance varies: confusion about the […]
Rajiv Gandhi Equity Savings scheme – Update
After a long delay, government has clarified on this new tax saving scheme. Rajiv Gandhi Equity Savings Scheme (RGESS) is introduced to encourage small investors to channelize their savings into domestic capital markets. The scheme has been framed consequent to the introduction of Section 80-CCG in the Finance Act 2012. Under this scheme, a […]
Financial Independence versus Financial Freedom
Financial Independence versus Financial Freedom have slight difference. Let us try to understand these two terms and their significance. Financial Independence = Zero-debt + Adequate Emergency Funds + Adequate Health Insurance Cover + Income excluding Salary and Investments >= Average Monthly Expenses So, when you’re financially independent, you don’t owe a penny to anyone and you’ve […]
Tax planning, a puzzle for you? Not anymore.
Planning for taxes is a priority for all of us. But instead of planning for taxes, it’s ideal to have a financial plan which can be aligned with the tax planning. Remember, our life cover and investments should not be determined only by tax planning. AssuredGain expert will guide you for the right tax planning […]