I am Wealthy at 23

You have the option to reopen a terminated Sukanya Samriddhi Yojana (SSY) account, provided it has been closed for less than three years. Beyond this three-year threshold, the account loses its eligibility for revival. from mint - money https://ift.tt/r5M71s6 https://ift.tt/XBWfn64

Investing in mutual funds for children can be an effective strategy to secure their financial future. It involves gathering necessary documents, completing the KYC process, filling out forms, selecting suitable mutual funds, and initiating the investment. from mint - money https://ift.tt/nfr0bGh https://ift.tt/aOvR6xS

Taxpayers should be aware of upcoming income tax deadlines in December 2023. This comprehensive tax calendar outlines important dates for individuals and businesses to be mindful of. from mint - money https://ift.tt/P2IUTci https://ift.tt/dbMJImo

During the post-Diwali period (November 13-18), domestic passenger traffic escalated by 7.37% compared to the pre-Diwali period (November 7-12), reaching a record 456,748. from mint - money https://ift.tt/rBE0GAw https://ift.tt/2lrU6e0

Equity mutual funds are considered high-risk investments with the goal of generating higher returns. We share details on the top performing equity mutual funds to invest in 2023. from mint - money https://ift.tt/71skUJD https://ift.tt/YZ4KUND

LIC’s latest plan provides assured lifelong income and lifelong risk coverage, addressing the long standing request for a more flexible and lower premium paying term. This whole life insurance product offers five optional riders. from mint - money https://ift.tt/N1xGBmc https://ift.tt/0OyBjeM

Central and state government pensioners must submit their life certificates by November 30 in order to continue receiving pensions. The process can be done online, at a bank branch, or through doorstep banking from mint - money https://ift.tt/jPJnk6l https://ift.tt/BDiMqgN

As per the tax laws individuals and HUF can claim exemption from tax on long-term capital gains on the sale of residential property if the indexed capital gains are invested for buying or constructing another residential house from mint - money https://ift.tt/Xh6fNUW https://ift.tt/ujEAaKm

SGBs serve as an alternative to physical gold and other investment instruments like gold ETFs, offering investors a way to diversify their portfolios and gain exposure to the value of gold while earning interest. from mint - money https://ift.tt/hNGXqaS https://ift.tt/UCHEVdo

Participating life insurance policies offer the advantage of participating in policy profits through bonuses or dividends. The bonus amount is calculated based on the sum assured and the bonus rate, providing higher payouts as profits increase. from mint - money https://ift.tt/41Smbu0 https://ift.tt/rdFBUfX

Executing the sale deed at the actual value of the transaction and paying the differential amount of stamp duty in cash may require explanation of the source of the cash. Accepting the money online would still require explanation of the nature of the transaction from mint - money https://ift.tt/ZRdDGm3 https://ift.tt/ZGlcELu

Non-withdrawable fixed deposits (FDs) from HDFC Bank cannot be closed before the expiry of the term. Premature withdrawal is only allowed in exceptional circumstances from mint - money https://ift.tt/Imdl95R https://ift.tt/2CdeqnT

Individuals have a more efficient taxation if they invest via GIFT City from mint - money https://ift.tt/9XbwY8V https://ift.tt/dyUHuBE

Guru Nanak Ji's teachings emphasize simplicity, hard work, honesty, sharing, financial planning, and detachment from material possessions, guiding us to achieve financial success and a balanced life. from mint - money https://ift.tt/qYas3hQ https://ift.tt/IVhLSQM

Francois Rochon’s investing principles underline his attitude more than his intelligence. He perfectly embodies the attributes of Warren Buffett’s much-touted “rational investors” unaffected by fads or crises. from mint - money https://ift.tt/8aGOhFl https://ift.tt/5lEmXTf

Understanding the various fees associated with a home loan application is crucial for a comprehensive view of the overall cost from mint - money https://ift.tt/8TnHws3 https://ift.tt/7olA5T9

The Bajaj Finserv Balanced Advantage Fund is an all-seasons product, which suits a large population of investors, Chandan tells Mint from mint - money https://ift.tt/sutH7Ob https://ift.tt/RFI0Yxt

Travel insurance is essential for all trips, including short trips or domestic travel, as unforeseen incidents can happen anywhere. from mint - money https://ift.tt/phR4DUj https://ift.tt/5Z2qwWB

Beyond its historical and cultural importance, Constitution Day also offers valuable financial planning lessons. Let's examine from mint - money https://ift.tt/6oMfUjB https://ift.tt/2diqHh3

Despite concerns about cyber threats and slight price differences, digital gold provides stability and value in a dynamic financial landscape, appealing to Gen Z investors. from mint - money https://ift.tt/TgsNB3U https://ift.tt/Oa9cWud

Non-resident Indians and persons of Indian Origin (POI) can buy residential properties in India without specific permissions from the Reserve Bank of India from mint - money https://ift.tt/TencyAH https://ift.tt/X7S3BZ6

Money experts suggest making a budget, maintaining a log of daily expenditures, and setting specific short-term and long-term financial goals to overcome the feeling of cash crunch from mint - money https://ift.tt/nVi8xTK https://ift.tt/4ivwDIC

RBI increases risk weights on unsecured consumer loans to address systemic risk, consumers should be cautious and exercise financial prudence. from mint - money https://ift.tt/H3cNBmx https://ift.tt/ys4a9qb

The sum insured range also plays a role in claim rejections, with the highest number of rejected claims found in the sum insured category of ₹5 lakh, as per analysis from mint - money https://ift.tt/Nkp8U3Q https://ift.tt/zrSQNYc

The significance of whether the wealthy save more is inconsequential. The pivotal question persists: Do you opt to save and invest, or do you prefer to dissipate your hard-earned money akin to your economically uninformed counterparts? from mint - money https://ift.tt/C6tEAog https://ift.tt/HV2uRzD

We have hand-picked 20 mutual funds for your portfolio from mint - money https://ift.tt/rfuxSz6 https://ift.tt/hofmGUT

Lessons from the American Thanksgiving festival include gratitude for all forms of help, taking time to enjoy with family and friends, and looking past the hard sell of Black Friday sales. It is also a season of giving back and investing in peace of mind. from mint - money https://ift.tt/azg6l2i https://ift.tt/KFI3iAz

Every investor has their own approach and strategies, varied risk tolerance levels, capital preferences and time frames. from mint - money https://ift.tt/RcK8WXU https://ift.tt/af3BXtd

As the new year begins, adopt the belief that you are a magnet for money. By doing so, you'll draw in more opportunities to earn and save money. Next, establish key money mantras that contribute to both your investments and your wallet. from mint - money https://ift.tt/OWEUzxS https://ift.tt/wTpgMJD

For credit card receivables, banks will see a 150% risk weight (from 125%). from mint - money https://ift.tt/0SDFGrH https://ift.tt/CLeqXur

Tax sops, periodic withdrawals are beneficial for National Pension Scheme subscribers. from mint - money https://ift.tt/J9VWLP5 https://ift.tt/hi2bJsZ

The recent changes in small savings schemes by the Central Government have allowed more people to benefit from them in the long run. from mint - money https://ift.tt/J7oMIWi https://ift.tt/x9YZPNQ

Had your son been a resident similarly, you would have been allowed to purchase an immovable property in India. from mint - money https://ift.tt/YOo1HEP https://ift.tt/EicYbDI

Banks push customers to convert their shopping purchases to EMIs but this carries interest and other charges. from mint - money https://ift.tt/yplbchq https://ift.tt/7GZC43U

Yngve Slyngstad is a renowned investor who transformed the Government Pension Fund Global into the largest sovereign wealth fund globally. He advocates for long-term investing, diversification, active ownership, and transparency. from mint - money https://ift.tt/MwQI1Vn https://ift.tt/0Pqn8pX

A loan for longer may mean EMIs, which makes the car seem more affordable, but overall, you pay more as interest from mint - money https://ift.tt/hGH0Esm https://ift.tt/SZUtvTl

While rebalancing your portfolio, it's crucial to address risk in line with your risk tolerance. Adjust sectors or stocks that exceed your comfort zone to align with your model portfolio's risk. from mint - money https://ift.tt/AWvQ73X https://ift.tt/aKYCUet

A credit score, ranging from 300 to 900, gauges creditworthiness for loans and purchases. It determines eligibility for loans, credit cards, and even influences employment checks. from mint - money https://ift.tt/N01DqAt https://ift.tt/1nEoBDt

They come with longer tenures, offer a single exit option and there is no cash benefit if the option is exhausted. from mint - money https://ift.tt/gSbOtZo https://ift.tt/gAY2UDx

Before India and Australia meet at the Narendra Modi stadium in Ahmedabad for the match to beat all matches – the World Cup 2023 final – on Sunday, November 19, think about the lessons this World Cup has taught you about investing. from mint - money https://ift.tt/FbKGezh https://ift.tt/xEX3hRS

It is advisable to avoid consolidating all your funds into a single fixed deposit. Instead, consider adopting a laddering strategy. In this approach, the investment amount earmarked for FDs should be divided, but across different FDs. from mint - money https://ift.tt/vxcYPjT https://ift.tt/kqLl3wA

Investors often grapple with choosing between debt mutual funds and fixed deposits due to their differing risk, returns, and liquidity. A comprehensive grasp of their intricacies is essential for informed investment choices. from mint - money https://ift.tt/Uj10JVM https://ift.tt/EleJNqh

Returns from muhurat trades may not consistently outshine average market performance. from mint - money https://ift.tt/hxBul27 https://ift.tt/gSsVcDd

Easing cross-border payments for MSMEs is crucial to drive them towards reaching 60% of the ambitious $2 trillion export target by 2030. from mint - money https://ift.tt/tjNIq5U https://ift.tt/ZvzrXG7

Third-party insurance is crucial due to the increasing road accidents in India. It not only covers costly hospital treatments for injuries caused by car accidents but also fulfills legal mandates, preventing penalties or license cancellations. from mint - money https://ift.tt/cHitugU https://ift.tt/vyxfIt8

Understanding the intricate relationship between risk and return is paramount; risk often accompanies the potential for higher returns, and finding the right balance that aligns with risk tolerance and financial objectives is key. from mint - money https://ift.tt/GkyhZ9B https://ift.tt/BSwL4zY

State Bank of India, the country’s largest lender, revised its marginal cost of funds-based lending rate (MCLR) with effect from November 15 from mint - money https://ift.tt/nerAyNl https://ift.tt/qnYLzjE

UCO Bank has taken the precautionary measure of making the IMPS channel offline after a technical issue caused credits to the bank's account holders without receipt of money from other banks. The bank is working to resolve the issue and restore IMPS services from mint - money https://ift.tt/FXkPHyS https://ift.tt/TWU5cqk

Before choosing an FD, you should compare the interest rates on offer from mint - money https://ift.tt/oq4djli https://ift.tt/hYmBjCd

A recent ICMR-INDAB study revealed that approximately 11% of India’s population is living with diabetes, with urban areas accounting for 16.4% and rural regions at 8.9% in terms of prevalence. from mint - money https://ift.tt/IyS17Bm https://ift.tt/UnEZ7o2

Investing for children is not easy. It takes considerable decision-making to decide which investment options will help secure their future depending on how much you are looking to secure for them from mint - money https://ift.tt/zKMJB4o https://ift.tt/amqDnVQ

Banks offer higher interest on FD to its former employees and the HUF cannot be treated on a par with that of an ex-employee of the bank. from mint - money https://ift.tt/F2ugbhe https://ift.tt/n30ATdp

The maximum claim allowed will be on the actual expenses borne by the parents. from mint - money https://ift.tt/HctCjrV https://ift.tt/86ucLlZ

It is necessary to keep a record of all gifts to ensure proper trail, declare high-value gifts while filing tax returns. from mint - money https://ift.tt/1tIAoRM https://ift.tt/Ox43JaT

Spouses of government employees who have passed away are now qualified to participate in the Senior Citizen Saving Scheme. from mint - money https://ift.tt/lnHayNB https://ift.tt/QTDObNd

It's now simpler than ever to customise your insurance to align with your choices and preferences. You can do this through Add-On Covers, which provide protection for the cutting-edge features of your vehicle, ensuring that your high-tech additions are fully safeguarded. from mint - money https://ift.tt/C1fpcPz https://ift.tt/Bg9eKR2

In the midst of the joy and celebrations associated with Diwali, it’s important to stay committed to your financial goals. Take advantage of this festive season to identify any financial missteps and revise your plan to align better with your monetary objectives. from mint - money https://ift.tt/DbcSt7A https://ift.tt/dmzAwV1

As the festive season approaches, the joy of celebrations is accompanied by financial concerns. Thoughtful financial planning ensures the enjoyment of festivities without the burden of post-celebration financial constraints or loan repayments. from mint - money https://ift.tt/N7aXAU2 https://ift.tt/uNa48PT

Gold has delivered 18% since Diwali 2022 while silver has ascended to the tune of 21% in this time from mint - money https://ift.tt/THKucgs https://ift.tt/bRLMSQA

The auspicious occasion of Diwali, the festival of lights, is a golden time for investors to purchase gold, property investment, or invest in other things from mint - money https://ift.tt/uPwN1O4 https://ift.tt/nRXkvSu

Still confused about gifting options this Diwali 2023, and don't want to splurge more, Let's see some unique and affordable gift ideas that will surely leave a lasting impression on your loved ones from mint - money https://ift.tt/aSIhk1U https://ift.tt/ifz3FqH

National Education Day 2023: Success in the stock market hinges on continuous learning and comprehension. Many investors are self-taught, underscoring the genuine importance of education in achieving success in financial markets from mint - money https://ift.tt/ikCORsz https://ift.tt/jZrQGBp

Dhanteras, the beginning of Diwali, is a day dedicated to the goddess of wealth. Jewelry companies like Tanishq, Kalyan Jewellers, and Malabar Gold & Diamonds are offering discounts and deals to make the festival prosperous for customers. from mint - money https://ift.tt/r9248bS https://ift.tt/D1sMVvX

Dhanteras, the festival of lights, marks the beginning of Diwali. It is considered auspicious to buy gold on this day. Dhanteras falls on November 10 from mint - money https://ift.tt/ZS6ETIh https://ift.tt/9yIlc8E

Dhanteras, the festival of wealth and prosperity, will be celebrated on November 10. It is considered lucky to buy items made of brass, silver, and gold on this day from mint - money https://ift.tt/WPm8tI2 https://ift.tt/hmOHTwr

Dhantеras, the festival of lights and wealth, is an opportune time to invest in real estate. Purchasing a home or land during this auspicious period is seen as inviting the goddess of wealth into one's life from mint - money https://ift.tt/9BsQY4v https://ift.tt/p1mU60Z

The population aged 50 and above has significantly grown in recent decades, thanks to advancements in healthcare, enhanced living conditions, and improved access to medical treatment. Will this boost the insurance sector? from mint - money https://ift.tt/vWVkI1l https://ift.tt/RVIyLQ1

The 50/30/20 budgeting method allows you to allocate 30% income towards wanting to enjoy the present and 20% income towards savings and investments for securing your future. from mint - money https://ift.tt/xq06MJN https://ift.tt/j4RPo9h

Dhanteras, the beginning of Diwali, is a good time to buy gold. Options include traditional jewellery, digital gold, or gold ETFs depending on budget and requirements from mint - money https://ift.tt/nTObzre https://ift.tt/sHb1Jlp

Srinivas Balasubramanian, Head of Products, ICICI Prudential Life Insurance on the importance of retirement planning from mint - money https://ift.tt/UcgzqIW https://ift.tt/GargZAP

According to PPF rules, an individual can open one account for themselves and one account for each minor child. The maximum contribution allowed is ₹1.50 lakh in total for all accounts from mint - money https://ift.tt/Zm4vruK https://ift.tt/5yTG4zX

This year, investors should consider SGBs as a viable investment option due to their government backing, sovereign guarantee, tax-free interest, and capital appreciation potential. While physical gold and gold ETFs offer their own advantages. from mint - money https://ift.tt/3mXQTdO https://ift.tt/ex7AVKz

Thinking about insurance right now may look like a spoiler, but at the end of the day wouldn’t you want to enjoy the festive season with complete peace of mind? from mint - money https://ift.tt/1ubM0SQ https://ift.tt/wdf1uN4

Diwali celebrations often entail applying for loans, be it by salaried or self-employed people. Though there is not much difference, some small distinctions mark the difference between personal loan availability for both these income categories. from mint - money https://ift.tt/bG6Q7YI https://ift.tt/APSwlGn

The loan amount and interest rate depend on parameters such as your income, existing credit an repayment capacity from mint - money https://ift.tt/9RsQpli https://ift.tt/IROJS3b

Money is the engine that drives the world, but for newcomers, it can be a dizzying concept. While you enjoy the November festivities and celebrations, set aside some time to strategize how to maximize your income and savings through wiser investment choices. from mint - money https://ift.tt/dhsHrFT https://ift.tt/nF3regi

Usually, the UPI transactions are final but there are situations where you can dispute a transaction such as an accidental transfer. from mint - money https://ift.tt/uTAyqI6 https://ift.tt/SXt2PLy

Amid a dynamic financial landscape, investors seek wealth protection and diversification. Silver, a traditional safe haven, remains intriguing for investors in 2023, especially during economic uncertainties. from mint - money https://ift.tt/pYqT2hl https://ift.tt/Cht14I7

IndusInd Bank provides interest rates of up to 6.75% p.a on NRE/NRO savings accounts, up to 7.50% p.a on NRE/NRO deposits, and up to 5.95% p.a on USD FCNR deposits. from mint - money https://ift.tt/6jcHdwG https://ift.tt/qNPrJMD

Billionaire investor & hedge fund manager was the founder of Bridgewater Associates, the world's largest hedge fund based in New York since 1985. from mint - money https://ift.tt/yXkLnmK https://ift.tt/EoZ2lF7

Best FD rates: Small finance banks offer the highest interest on fixed deposits, with DCB Bank and Punjab & Sind Bank offering the best rates among private and public sector banks respectively from mint - money https://ift.tt/AzICdMt https://ift.tt/P7bHm2t

Here is a list of INR-to-USD forex rates offered by major banks and travel aggregators from mint - money https://ift.tt/j5Avox4 https://ift.tt/7abuliR

Investors seeking higher interest rates are turning to the Government of India Floating Rate Bond 2034, which offers an annual interest rate of 8.05% from October 2023 to April 2024. from mint - money https://ift.tt/zQxBcWX https://ift.tt/3YtuTsk

National Pension System: SLW is a method of withdrawing the lump sum NPS corpus after purchasing an annuity, providing retirees with periodic cash flows and enhancing their post-retirement income from mint - money https://ift.tt/9OxAJNm https://ift.tt/mfaqtQ2

RIAs are investment advisors who are certified by the capital markets regulator Sebi to share their advice with investors with regards to investing in the securities markets and mutual funds from mint - money https://ift.tt/NRu6glW https://ift.tt/2vsLhHC

Money often serves as a prevalent cause of stress and disputes within relationships, but it doesn’t have to be this way. Through collaboration, couples can attain their financial objectives while simultaneously fortifying their bond. from mint - money https://ift.tt/4kMB0XH https://ift.tt/akof2nZ