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Buying Your First Home In Your 40s: Here's How You Should Plan Your Finances

Buying Your First Home In Your 40s: Here's How You Should Plan Your Finances
outlookindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from outlookindia.com Daily Mail and Mail on Sunday newspapers.

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investment options: Move over FDs! Parents tutored by children looking at other investment options

Parents, who were happy with fixed deposits, are being tutored by children on other investment options. Investors, young and old, must be aware of the risks. Sridharan S, founder of investment adviser Wealth Ladder Direct, recalls a PSU banker, who watched his children make enormous profits from stocks during the Covid-time boom. When he decided to take the plunge, he ended up losing most of his retirement corpus.

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Should You Put Money In FDs At Current High Interest Rates?

Should You Put Money In FDs At Current High Interest Rates?
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World Financial Planning Day 2023: 5 Ways To Settle Your Money Matter

World Financial Planning Day 2023: 5 Ways To Settle Your Money Matter
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Here's How To Make A Holiday Fund To Fulfil Your Travel Goals This Festive Season

Here's How To Make A Holiday Fund To Fulfil Your Travel Goals This Festive Season
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3 Financial Discipline Lessons: Safeguarding Young Minds From Loan Culture Tragedies

3 Financial Discipline Lessons: Safeguarding Young Minds From Loan Culture Tragedies
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Gold Prices Continue To Be High. Should You Invest?

Gold Prices Continue To Be High. Should You Invest?
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Retirees On A Budget: Tips For Living On A Fixed Income

Retirees On A Budget: Tips For Living On A Fixed Income
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Think Twice Before Using A BNPL Option For A 'Revenge' Travel

While BNPL schemes and offers are highly enticing, especially when people are desperate to take a holiday after being restricted inside their home due to Covid, it makes sense to be careful and not take too much debt.

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How Interest Income From Fixed Deposits And Savings Accounts Is Taxed

While individual taxpayers who are not senior citizens get a tax benefit up to Rs 10,000 under Section 80TTA of the Income-tax Act on interest income from savings accounts, the entire interest income from FDs is added to their incomes

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