by admin | Jan 25, 2020 | Credit Cards, debt, Droplet, Droplet wealth advisors, finance charge, Financial Planning, late payment, Minimum due, Personal Finanace, Personal loan
Why minimum balance payment on credit card is the worst thing? Of late credit card penetration in India has increased multi-fold. A decade back 1 in 10 would have a credit card. Today 9 in 10 have 3 credit cards each. A ratio of 1:27. All these are mostly owned by...
by admin | Aug 19, 2019 | 80C, Droplet wealth advisors, Financial Planning, investments, Personal Finanace, Risk, Tax Planning, Tax saving, term insurance, Wealth advisors in chennai, Wealth Creation
Most of us fail to understand the fundamental purpose of life insurance. We are made to believe that insurance is saving or worse in most cases an investment. However, the whole...
by admin | Aug 17, 2019 | Chennai Advisors, chennai investors, Droplet wealth advisors, Equities, financial advisor, Financial Planning, Investing, long-term, Personal Finanace, Wealth advisors in chennai
So we promised we will suggest a different (better) way of Direct equity investing in our previous blog. Here we are with our simple thoughts. Read on Build your Capital 1. Give yourself an 8 year time period. Well, the obvious...
by admin | Jul 21, 2019 | Droplet, Droplet wealth advisors, Equities, equityfund, Financial Planning, home loan, income, Interest, long-term, longterm, money, mutual funds, MutualFunds, Personal Finanace, wealth advisor, Wealth Creation
A lot of us might be thinking about making part payments against our home loans. We suggest you look at the below table of savings before you take any such decisions – For those not adept with numbers/tables, lets us clarify in simple sentences. 1....
by admin | Jun 24, 2019 | Chennai Advisors, chennai investors, Droplet wealth advisors, ELSS, Equities, Equity Linked Savings Scheme, equityfunds, Personal Finanace, PPF, savings, Tax Planning, Tax Savings, term policy
Click here to read the article in Tamil Start early. Be it be health or wealth start early. It does not matter whether you run a full marathon or talk a small walk around the park. Starting early only matters. Likewise, start saving right away, Even Rs 500...
by admin | May 28, 2019 | Chennai Advisors, compounding, Droplet wealth advisors, Equities, financial advisor, Financial Planning, Inflation, LIC, Personal Finanace, Reliance Growth Fund, Wealth advisors in chennai, Wealth Creation
There are a set of genuine standard questions shot at us from people whoever we have met so far – Will my capital be safe? Will I seriously make money? How do you say I will make money if I stay invested for a long period? My money in a fixed deposit or...