Whatever the situation, it makes sense to have an alternate policy with full coverage for the student going abroad.

Going over-budget on expenses can hurt, but when this happens in foreign currency it can really cause pain. Here are some easy ways for you to control spending too much on incidental expenses and manage your budget better.

In India too, the consumer price inflation or the general price rise in the economy is estimated at around 3.5%-4% annually, however, the cost of education rises at a much higher pace.

What are the total costs of studying abroad?While the prospect of gaining life experience along with quality education abroad are good reasons to plan for your child, be warned that tuition is not going to be the only spend you have to plan for.

There are other factors which make ULIPs inflexible and demanding. Here is what you need to watch out for.

While one should not be too conservative, aggressive return expectations can backfire too. Here is why you must have measured expectations.

The question remains, just because you can afford it should you give your child the best money can buy?

KYC or Know Your Client is a process that various financial services companies need to adhere to for getting details of their clients.

The two factors below can help you decide a reasonable holding period for different types of debt funds.

Financial security is about being able to save and invest enough so you do not constantly rely on your salary to maintain your lifestyle. Usually, the idea is to reach this level of financial security by the time you have to retire.

Having conversations and communicating effectively about money is a difficult task for adults, let alone trying to make sense of it for children. Nevertheless, setting a sound money foundation should begin at an early age, that’s how the inhibition around money discussions will reduce.

If you are already doing a good job while being a regular investor and building a portfolio that serves you in the long run, you’re on the right track. But what happens if you have an emergency that can potentially become a monetary set back, do you withdraw from your neat long-term investment portfolio?