Whether it’s a one-time conversation with a prospective customer, or a delivery person, the need to save the phone number to send a WhatsApp message is a hassle. It wastes time and leads to a cluttered contacts list. That’s why I made …

Money market funds used to be my preferred choice to park idle cash, but recent changes in tax policy have made these funds less appealing. In this post, we explore a more tax-efficient alternative: arbitrage funds. What are Arbitrage Funds? …

Retirement planning is an essential aspect of managing one’s finances. Yet it is often ignored. This is not surprising though. Neglecting retirement planning is like chain smoking. It is harmful but you don’t notice the negative effects right away. …

Most folks intuitively understand the risks that accompany a concentrated portfolio. If asked to bet 60-70% of their net worth on a single company, most would refuse, citing it as too risky. Yet many inadvertently do the same by letting their vested …

Putting all investments in a mutual fund in a single folio can negatively affect post-tax returns. I learnt this the hard way. All mutual fund redemptions in India follow the First-In-First-Out (FIFO) principle i.e., at the time of withdrawal, the …

If have foreign income or capital gains, it is essential that you report them while filing your annual taxes. However, calculating foreign income or capital gains can be challenging since you need the foreign exchange rates at the time of the buy and …

One of the lesser-known tactics to increase equity returns is regular tax harvesting. You can use both gains as well as losses on your investments to reduce the tax outgo, increasing post-tax returns. While tax harvesting does result in guaranteed …

My wife and I do not have a single rupee parked in Fixed Deposits (FDs). This may seem radical but we do not think it is the right product for our needs. I will argue that whatever be your investment needs too, several issues make FDs a poor …

For most households, groceries are one of the biggest expenses. And because of inflation, the cost of stocking up your fridge and kitchen is increasing by the day. Thankfully, the internet has enabled several means to lessen this burden. Here are …

Despite “mutual funds” being a common term these days, most people do not understand what they are. Given the critical role they can play in building your wealth, let’s try to understand them. Consider a group of three friends, A, B …