Reduce Expenses and Save – Without compromising on the quality of services

  Overview What I meant here is, not to cut-down the items which you use and reduce the expenses. What I refer is getting what you want with lesser costs, thereby increasing savings and adding this kitty as extra income. How to reduce your expenses You are aware of the saying “80% of the problem … Continue reading Reduce Expenses and Save – Without compromising on the quality of services

Small business idea-Fashion designing-How an Illiterate is heading towards becoming Crorepathi in 5 Years

  Recently, I met one of my old friend, Rahul in one of the get-to-gether. He is illiterate, struggled for earning money for 10-12 years, but now he is earning an income of 3 times more compared to a person working for an IT / MNC company on an average. He is either doing any … Continue reading Small business idea-Fashion designing-How an Illiterate is heading towards becoming Crorepathi in 5 Years

Best Investment Options – Tax saving Schemes in India for 2012

Overview There are various tax saving schemes in India where a individual tax payer can invest and get benefit in income tax.  Currently for FY 2012-13, below are the income tax slabs. Taxable amount (INR) Tax 0 to 2,00,000 Zero tax 2,00,001 to 5,00,000 10% tax 5,00,001 to 10,00,000 20% tax 10,00,000 + 30% tax … Continue reading Best Investment Options – Tax saving Schemes in India for 2012

Best Investment Options – 5 Steps to pickup the right and best mutual funds

Quick overview about Mutual Funds Mutual Funds pool money from several investors and invest in Stocks, Bonds, Money market instruments and other Govt Securities.  There are various types of Mutual Funds and there are several Mutual Fund schemes in each category  Various Mutual Funds Equity – These mutual funds invest majority of the money (upto … Continue reading Best Investment Options – 5 Steps to pickup the right and best mutual funds

Best Investment Options – 3 Ways to invest in Gold

Overview about Investments in Gold An investment in gold has given very good return over years. Whether one is rich or middleclass or poor, everyone likes to invest in gold. Gold can be purchased either physical gold (Gold coins and Gold Bars) or purchasing ETF’s  / Mutual Funds. Gold investments gave return of 1300% in … Continue reading Best Investment Options – 3 Ways to invest in Gold

Best Investment Options – Small Saving Schemes in India

  Overview Small savings schemes in India are offered by the Indian Post Offices across the country which offer safe and it is an attractive investment option. Below are the major small saving schemes and their features.  Post Office Monthly Income Schemes Interest rate of 8.5% p.a payable monthly Maturity period is 5 years. No … Continue reading Best Investment Options – Small Saving Schemes in India

Best Investment Plans in India and Money Saving Ideas