How you measure your rate of return can make a significant difference in terms of how you assess an investment.

If you are concerned by murmurs in the media or perhaps among your own office colleagues about a slowdown impacting the economy in the near future, then here is something better to do than to worry about it.

“Hey, I just got a hike this year. You guys say an emergency fund should have 4 months of salary or six months of expenses. Should I bump up my emergency fund?”

Considering that retirement is a non-negotiable and generally unavoidable event in every working professional’s life, the fact that only three in ten are actually doing anything to prepare for it, much less about retiring early, is eye opening.

Just like we learnt in school in our moral sciences class, chasing temptation usually has unwanted consequences. In investing, these consequences are potentially life altering and not in a good way.

Here are four ways many of you can save at least Rs 1000 more each month.

The common refrain is, “I would have gotten better returns from an FD!” Considering many of these investors have earlier invested in FDs, or their parents have, looking at what their fixed deposit has given them and questioning the value of equity is not wrong, if one considers their point of view.

By taking some small but important steps, you can at least make sure that the financial aspects of this responsibility are handled with care. Here is a short list, that would be helpful for all new parents to follow.