Yes, you read that right! A crore of rupees and that too by ‘saving.’ Everyone will tell you that you can’t save a crore – you must make it by doing some sort of business. Or, as several commenters, on our twitter stream and blog believe – by wrongful means. The disbelief is not unreasonable. After all, only a mere 0.3% or one third of one percent of Indians – can lay claim to having more than 60 lakhs in total assets (and not in financial assets but a mix of real estate, gold and financial assets).

Yes, you heard us right! It’s “unemployment insurance”, not life, health, or automobile insurance that we are familiar with. Unemployment insurance covers for your expenses if you are suddenly dismissed from your job, for no shortcoming of your own, but due to other factors. These factors could range from annual cost cutting to impact of recession in the industry.

For most young men and women starting out on your first job, the common goals most finance guys talk about – retirement, children’s education etc are only a vague thought too far away to worry about. To you, I propose a simpler challenge: Save Up One Lakh Rupees.

Wondering how you can realistically retire in your 40s with a monthly income that can afford you a decent life style? Read on to find out.

People often mistakenly believe that they have to collect a large sum to start investing. You don’t. And that’s where a SIP comes in.

Depending on how complex your investment needs are, you might want to consult a financial planner or rely on online investment platforms to automate your investments.

Being unaware of the finances can really add to the already existing set of problems your family might face under unforeseen circumstances. Here are steps to keep your financial records so that your family in not in the dark at the wrong time.