What is Salary Slip? A salary slip or payslip is a document issued monthly by an employer to its employees. A salary slip contains a detailed breakdown of employee salary and deductions for a given period. This document can be either...

What is a REIT? Real Estate Investment Trusts are similar to mutual funds. They pool money from multiple investors and use that to buy income-generating real estate properties. REITs manage these assets so that they can earn from capital appreciation...

An emergency can knock on your door anytime. It can be a job loss, or a medical emergency, or even a natural disaster leading to loss of shelter and livelihood. In an emergency, only money can be a saviour. Hence,...

Futures and options are derivatives that are traded on the stock exchange and derive their price from the underlying asset. Hedgers, speculators, and arbitrageurs use these contracts to make profits or hedge the risk with the underlying asset. A futures...

What is Investment Fund? Investment funds pool money from various investors with similar interests and purchase securities. Fund managers manage these funds. Each investor retains the ownership of the securities that the fund invests in. Investment funds provide a broad...

Myths are ancient stories passed down through time. Personal finance existed from the time money came into existence in the world. Hence there are myths about it. However, they only change from time to time, with investment vehicle available in...

6 Smart Money Moves for Women Women are self-made. From being a loving daughter, a supporting partner, to a caring mother, a perfect homemaker, a responsible employee to successful management roles – all roles are perfectly handled by women. Women...

It is that time of the year when people are all geared up to receive their annual bonus for all the hard work they have put in throughout the year. People generally use lumpsum bonus amount for various purposes such...