The Money Mart

According to research conducted by Charles Schwab in the USA in 2020, 72% of households do not have a written financial plan. Only 40% of them have undertaken some amount of planning but not at a formal level, while the rest have made no preparations at all. The figures are still lower in India! This shows an evident pressing need to make financial advisory accessible to the masses. In recent years, many stakeholders have put considerable effort into spreading financial literacy. Every individual must have a financial plan tailored to their risk profile, family history, cash flow, liabilities, and financial goals. Given the dynamic nature of one's income and aspirations, regular analysis and revisions to financial plans are inevitable. Being well-versed in the latest developments in economics, finance, technology, taxation, and other nuances of investing is imperative.  The seemingly complex and time-consuming nature of financial planning makes many people shy away from it or seek

  For years, men and money went hand in hand. Heads of households and primary breadwinners tended to be male. But it's the women that have been managing day to day expenses, sometimes on a shoestring budget. As a woman, you have financial needs that are unique to your family members. Even if you have a partner who manages household finances, it is important to be involved in the budgeting and investing decisions that have an effect on your overall financial picture. It's crucial to understand your financial situation, no matter what.

  Aditi Kothari Desai is inspiring women to take ownership of their finances amidst challenging times PUBLISHED BY LINKEDIN   APR 20, 2021 | 20:00:13 IST Whether it’s a stumbling business, a messy divorce or the loss of a job, Aditi and her network of women financial advisors are helping fellow women take back control of their lives When the pandemic took the world by storm exactly one year ago, economies were severely affected overnight. Markets crashed, people were left without jobs, incomes suddenly came down to zero, and thousands of working women were forced to juggle household responsibilities and an increased workload.  In fact, according to a study released by LinkedIn titled The Opportunity Index 2021, “9 in 10 women have stated they were negatively impacted by the COVID-19 pandemic.”  Source: LinkedIn Opportunity Index 2021 Across sections, women were faced with financial insecurities. Investors noticed how many of them changed career paths, dealt with job loss, and restrateg

Representative still: Veere Di Wedding By  Tweak Editors     SEX & RELATIONSHIPS           February 14, 2021  20 questions to ask your partner before you decide to get married Prepare yourself to hear an answer you may not like In the plot-altering, tear-jerking scene from  Yeh Jawani Hai Deewani,  after Bunny utters the famous three words, Naina asks the million-dollar question: “I love you  ke baad kya hota hai, Bunny?”. A stumped Bunny mumbles something unconvincingly, and an unimpressed Naina walks off, while Arijit Singh bursts into, “ Kabira .” Naina’s dilemma is a shared experience among young lovers, and most of us compulsively avoid that uncomfortable territory. When we couple up, we consider our relationships tamper-proof the moment our social media bios go from ‘single’ to ‘committed’. We’re certain that we know it all: how they love their coffee; how they cry like a baby while watching  Shawshank Redemption  and how many times they message their moms every day. Starker

WELL-BEING // September 16, 2020 What to Invest in Depends on Your Financial Goals Aligning investment to your fiscal dreams helps in fulfilling them. By  Binoli Dodhiwala ,  Social Entrepreneur  at  The Money Managers Photo by Tierra Mallorca/ Unsplash Imagine that you’re in college, studying to become a lawyer, and imagine your pleasure the day your degree arrives. It is the same with financial goals, where we plan for something tangible or intangible, and we feel a real sense of achievement the day it gets fulfilled. Ankit Jain (name changed) was staying in a 1BHK house along with his two sisters, grandparents and parents. Throughout his education, he faced difficulty in studying because there were too many people in the house and he had to study among all the noise. After completing his studies he started working in an investment company and with his first paycheque, he began investing in mutual funds with the sole goal of buying a bigger house. In between, there were many times th