• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
financial planner in Chennai

Financial Planners in Chennai | Financial advisor in Chennai | Assuredgain | Chennai | India

Chennai's #1 Financial Advisor & Planner

  • Home
  • About Us
    • Why Us – Best financial advisor in chennai
    • Employee Financial Wellness Program
    • Free Consultation With chennai’s No.1 Financial Adviser
  • Our services
    • Insurance Planning-
    • Tax planning
    • Investment Planning
    • Child Future Planning
    • Retirement Planning.
    • Employee Financial Wellness Program
  • Blog
  • Contact Us
  • Terms & Condition
  • Privacy Policy

Eleven Financial Tips For Newlyweds

April 3, 2014 by assuredgain

Congratulations! on taking the first step towards a happy family life. Here are few financial tips that you should keep in mind once you get back from your honeymoon.

  1. First and foremost get a marriage certificate made if it was not a court registered marriage.
  2. Optional: Change the wife’s name on all legal documents including bank accounts, PAN card, passport etc.
  3. Make sure to visit your respective banks and include your respective spouses name as joint account holder on all the accounts. Either or survivor is the best suggested operative mode for your accounts. These jointly held accounts are helpful for making joint investments and applying for joint loans.
  4. Review all your insurance policies, PPF, PF, Bank accounts, Mutual funds etc. and get the nominations changed to your wife. All future investments should be on joint name.
  5. Open a bank locker to deposit jewels that normally comes as a perk of getting married:-) . If you already have a bank locker make sure you change the operation mode to ether or survivor.
  6. Plan to get a will made, lot of templates already on internet. A will may not be registered but is recommended.
  7. Plan for a home of your own if you do not own a home already.
  8. Make sure you take property on joint name and apply for home loans jointly.
  9. Many states offer concession on stamp duty if the property is in joint name with a women make use of it. This also takes care of inheritance issues later.
  10. A joint home loan also helps in getting income tax concessions if both the partners are working. That way both can split and claim tax break on home loan interest. Maximum of Rs. 1.5 lakh break can be taken by both of you individually. your Loan eligibility also increases when you club income.
  11. It is seen young unmarried male and female normally have a undisciplined financial lifestyle. You have taken up the responsibility of another individual for life now. plan your spends and budget for all expenses.

Request an appointment with your financial planner and have a through review of your financial requirements. All of insurance, loans and retirement plans need a revisit. if earning spouse’s income also needs to be considered to get a better financial plan.

Related posts:

  1. The Importance of Having a Financial Plan
  2. Are you a Ant or Grasshopper
  3. Eighth Wonder of the World to get Rich – The Power of Compounding
  4. Taking a comprehensive approach to your financial life
  5. Tax saving is not enough! Go ahead do Tax Planning!
  6. Life Insurance Myths: Get the Facts and Protect What Matters Most – 1
  7. 10 Financial resolutions for the new year 2013
  8. Did you buy HDFC Standard Life, Bajaj Allianz, Birla Sun Life, ICICI Prudential Life, or Reliance Life insurance policy?
  9. Why should you have a Financial Plan?
  10. Delays are costly in retirement planning

Primary Sidebar

Recent Posts

  • Life Insurance Tax Hike 2023- What You Need to Know to Protect Your Finances
  • SBI Life Retire Smart Pension Plan Reviews – Good or bad?
  • What is succession planning and why its important?
  • Bajaj Allianz Life Guaranteed Pension Goal Review- A Guaranteed Trap
  • 2021 Guide to Term life vs Whole life insurance

About Us

AssuredGain is a leading wealth management firm specialising in financial planning based in Chennai. We offer all the services traditional financial planners offer, except that at AssuredGain, we do things a little differently……and these differences mean we’re able to maximise your financial success and help you enjoy today – and retire life ready, certain you have enough.

More About Us

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

Archives

  • February 2023
  • March 2022
  • November 2021
  • July 2021
  • March 2021
  • October 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • August 2019
  • July 2019
  • May 2019
  • March 2019
  • September 2018
  • June 2018
  • December 2017
  • July 2017
  • March 2017
  • May 2015
  • November 2014
  • July 2014
  • May 2014
  • April 2014
  • February 2014
  • January 2014
  • December 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012

Connect with Us

Address: 5/318, Old Mahabalipuram Road, Oggiyampet, Chennai: 600097
Phone: +91-7200039282
Email: info@assuredgain.com

  • +91-7200039282
  • info@assuredgain.com

Tags

Advanced planning Bajaj Allianz- Best financial planner in Chennai best retirement planning india Certified financial planner Chennai Chennai Chennai Financial planning education planning Financial Advisor financial freedom financial planner chennai Financial Planning Financial planning chennai Financial planning for singles financial products for women health insurance investment Investment Advice Investor Education LIC policy life insurance Money Money & Finances NCFM ncfm exam ncfm registration ncfm study material Permanent Total Disability personal accident policy policyholder Rajiv Gandhi Equity Savings Scheme real estate Real estate investments retirement planning for seniors retirement plans india retirement plans india best Save Tax savings sensex stockmarket Tax planning Wealth Coach wealth management wealth manager Wealth Protection | Tagged insurance

Our Newsletter

Subscribe to our newsletter to get the latest updates from our blog. We respect your privacy.
+91 72000 39282

About Us

Footer

© 2022 ASSUREDGAIN FINANCIAL PLANNERS | All Rights Reserved.