Personal finance is a term that covers managing your money as well as saving and investing. It encompasses budgeting, banking, insurance, mortgages, investments, retirement planning, and tax and estate planning.
Ever since their launched in India in 2002, Exchange Traded Funds or ETF have evolved as a majorly popular investment avenue. It is a basket of securities/equities that usually tracks an underlying index and follows the passive investment methodology.
“Don’t be a philosopher or a teacher without being a rich man. Money is noteworthy — earn it when you can.” There have been contrasting outlooks on how important is money, finances, and everything that comes with it. While one side of the planet says money can’t buy you happiness, the opposite side shuns this philosophy and acknowledges the need for cash upfront.
Your money must be exerting to form you extra money, and there are not any two ways about it. And when it involves that, mutual funds or fixed deposits have been a quandary like none other among Indians.
