How to Plan Gifts that can be Financially Beneficial to Your Loved Ones

Giving gifts to your loved ones is one of the greatest joys of life. But, when it comes to gifting, don’t you think the satisfaction would double itself if your gift could draw financial benefits to your dear ones over a certain period of time?

According to finance investment companies in Delhi, India deciding on gifting good financial plan brings a feeling of satisfaction and generosity. You need to understand that a good investment plan as gift would serve as a tool to ward off financial struggles and issues in the life of your near ones. It will also generate a sense of generosity to anyone whom you give this gift because it will make things highly easier for them.

Take your time to consider what kind of investment plan you want as gift for your friends or relatives. Nowadays, high ROI fetching plans offered by Non-Banking Financial Companies is the most preferential ones. This type of plan not only helps the bearer to meet the challenge of paying their monthly bills smoothly, but also creates an extra source of savings. Finance investment companies in Delhi, India thinks that another advantage of gifting a financial plan to someone you love is that it helps reduce the size of your taxable estate and with it your other tax liabilities.

So, what are you waiting for? Diwali is just round the corner convert this into the best opportunity to express your love and care to your family and friends in the form of a unique gift – an investment plan. Diwali is a period for relinquishing all the negative things in life and grasping every single positive thing.  An Inter-Corporate Deposit Plan from a Non-Banking Financial Company is one such thing. So, check into your nearest Non-Banking Financial Company tomorrow and set the first step ahead in spreading satisfaction, love and success in the lives of individuals surrounding you. So proceed, bless somebody with a really uncommon blessing and spread the merry cheer around you!

What is it about Gold That Appeals to You

Different people have different reasons for investing in gold. According to finance investment companies in Delhi, India some people choose to invest in gold to reap good ROI if any form of financial crisis strikes and some people invest simply because of their love for the yellow metal.

Have you ever asked yourself “Why Gold?” Well, people from different walks of life have different answers to this question as mentioned above. When an investor talk of investing in gold rather than any other investment plan, there are definitely some more lucrative points that you need to catch on according to the finance investment companies in Delhi, India.  

The main thing that inspires investors to invest in gold is buy low and sell high. If you are up to earning more at one shot than this one is definitely the best option for you. There’s always a market for gold in India no matter what happens, and the only thing you need to do to seal the deal in the most lucrative way is to wait for the right time.

Thus, the finance investment companies in Delhi, India are of the view that investing in gold is based more on speculation. The value of gold rises and falls with inflation. And, the general trend is that the price of gold rises when it rises and falls when it falls.

Some people give more importance to gold than investment plans, bonds & equities. This is so because purchasing gold and saving it to sell it later gives them a great sense of security than anything else. 

If you too are in this camp then you should know that the general rule of thumb is 10% to 30%. How high you go between 10% and 30% depends upon how concerned you are about the current political, economic and financial situation. Try to keep your portfolio as diverse as you can. Apart from gold you can take high ROI providing investment plans from NBFCs and finance investment companies in Delhi, India.

Hence, gold’s essential quality as a commodity of investment lies in its role as the only primary asset that is not dependent on the performance of the market or the management. The value of gold does not depend on another’s ability to pay like bonds, bank savings or any other delimiting factor like market risk and more.

In a nutshell, no matter how the finance market or the finance investment companies in Delhi fares in this country, no matter what happens with the dollar, and the stock market, the owner of gold will always find confidence and return on investment over the yellow metal – it’s truly something to rely upon when the chips are down. In gold, investors will find a breath of relief for rescuing them in the face of bad times. 

Personal Loan for Supporting You in All Your Needs

Applying for personal loan by both professionals as well as entrepreneurs is a very common thing nowadays. Personal loan is a form of loan where a fixed amount of money is borrowed from financial institutions like Banks, Non-Banking Financial Companies, Financers and finance investment companies in Delhi, India. The best thing about a personal loan is that you can get funds against minimal documentation and speedy loan approval. And, the benefits have widespread application – whether it’s about a wedding you need to finance, or buy jewelry for your family or pay an emergency bill.

This is so because personal loan taken from the Bank or any other financial institutions or finance investment companies in Delhi, India offers you the freedom to fulfill any unspecified agenda. That means you can travel to a dream destination or buy any luxury gift for your family without worrying about the consequences.

Possibilities with Personal Loan:

The possibility of things that you can do with a personal loan is endless. Go for a dream vacation; finance a wedding, fund your education – the choice is totally yours. Here is a list of few purchases mostly done in India through a personal loan.

Jewelry:

Using personal loan to purchase expensive jewelry in India is not uncommon in India. Whether it’s a diamond wedding set, an expensive solitaire or just day-to-day wear gold jewelry, a personal loan for the same is really easy to secure and repay from finance investment companies in Delhi, India no matter what you choose to buy!

Furniture:

Furniture and home décor is another thing that is purchased frequently in India by using personal loan borrowed from finance Investment companies in Delhi, India. With the help of personal loan you can improve your interiors, get modular kitchens done and more. Also, you can avail discounts and other amazing offers on purchases done on personal loan because of the tie-ups between financial institutions and retail partners.

Returning the Personal Loan:

With personal loan another known fact is that it demands repayment. Often repayment issues surface up as a major concern after taking a personal loan. Here are some pointers to bear in mind before you take any personal loan to buy jewelry or furniture.

Payment in Parts:

As soon as you’re done with the purchase you need to focus instantly on the payment process. It’s always recommendable that you pay more of your monthly loan amount to cut down on the interest rate. This is so because if you‘re paying the minimum monthly loan amount, you are definitely going to end up paying extra. Hence, the mantra is the more you repay the less you pay!

Use it differently:

Generally customers want the returns to go with the loan. Getting a loan for buying a luxury gift is better than encasing a loan amount. Nominal processing fees, transparent pricing, processing fees, low EMIs, and no blockages on credit card limits, are a few benefits for you to reap.

3 Financial Planning Tips Inspired By the Dusshera

Dusshera is not only the festival of victory over evil, but also a festival that brings a meaningful message to us – the importance of dominating our greed and destroying the evil intensions in order to achieve the ultimate ecstasy in life. So, keeping in mind the theme that’s applicable to all the aspects of life, there is a lot more that you can learn about your financial planning tactics from Dusshera. Here are 3 best financial lessons that you can absorb from the concept of Dusshera –

Start New Financial Plans:

You should take your financial matters very seriously. Rather than acting on impulse it is suggestible that you make your financial plans based on sound reasoning. Early financial planning can bring immense benefits in the form of small savings with incremental value of compounding each year according to the investment companies in Delhi, India. So, this Dusshera give a new beginning to your financial portfolio, sell all your unproductive financial plans and earn the highest ROI possible by investing with Non- Banking Financial Companies in Delhi, India.

Keep Self-Discipline

The nine day festival of Navratri is celebrated by fasting and giving up on the favorite meals. According to the finance investment companies in Delhi, India this process not only symbolizes salvation, but also enhances an individual’s ability to not give in to the temptations. In a practical way the nine days of Navratri teaches us discipline and the art of sacrificing happily. After the Dusshera’s why not apply this perseverance and sense of discipline to your financial planning? For effective financial planning making small sacrifices is a trade-off for your future’s security. Thus, planning and maintaining discipline is the only doctrine to achieve of achieving good financial well being.

Say Goodbye to Bad Habits:

By drawing analogy from the festival of Dusshera, you should try to burn out your bad financial habits. Review your portfolio; get rid of the unproductive investment plans and come up with some fresh and better financial plans than the one you have. Plans subjected to market risk can be replaced for effective Fixed Deposit plans or Inter-Corporate Deposit plans promising to offer the highest rate of interest. The essence of avoiding all types of bad financial plans lies in letting the bad to be burnt and allowing the good to prevail in the financial plan. So, the time to welcome a new change to your financial portfolio is now. What you think?

How to Make the Habit of Saving Money Easier

It’s a known fact that for making savings you need tremendous will power. Since the environment around you is always full of temptations to spend more than you earn. Here are few simple steps by following which you can make the habit of saving extremely simple and easy:

Step 1: Set Your Goals

Envision you investment plans or your goals as specifically as possible. When you know what you are saving for or why you are investing in finance investment companies in Delhi, Kalkaji, and things will automatically get easier for you. For example if you are thinking of owning a golf course as a big part of your retirement depriving yourself of some current luxury will only inspire you rather than spoiling your spirits.

Step 2: Attach numbers 

Calculate how much money you need for accomplishing your goal, determine a deadline and fix a plan around how much money you need to save each month to get there or get an investment plan that assures high ROI.

Step 3: Automate

According to finance investment companies in Kalkaji, Delhi if your employer offers a hike you should stick on to have the money funnelled directly out of your paycheck into the account. This step will help you not to miss the cash as much as you think.

Step 4: Escalate

As you get your salary transferred to your bank account, you should opt for the escalation of your savings amount. You need to instruct your plan provider to automatically increase your savings rate by an amount you choose (usually between 1% and 3%). Also, for outside account you can create your own semi-automatic-escalation feature like setting up a calendar reminder alert reminding you to bump up contributions by a percentage point or two every year on your birthday or every time you get a raise.

For outside accounts, create your own semi-automatic-escalation feature: Set a calendar alert reminding you to bump up contributions by a percentage point or two every year on your birthday or every time you get a raise.

Important Points You Need to Know about Money before 40

If you are about to turn 40, it’s likely that the area of concern for you is no longer about what you’ve saved. It’s is the pressure testing the plan you think most profitable in the face of changing life dynamics – your family, kids and spouse with ever increasing financial needs.

Finance investment firms in Delhi, Kalkaji are of the view that instead of focusing on the unknown, it’s more fruitful to focus on the doable like evaluation of your financial picture, frank conversation around finances with your loved ones and absorbing an educated approach for future challenges.

Here’s the some important points you need to nail down before 40:

·         At what rate are you saving currently

·         Will you have enough money with you on retirement

·         Are you indulging in a risky portfolio

·         How much is your partner earning

·         Are your parents able to support you financially

·         What does your future plan say

In a nutshell, following the answers to the questions of what you want and what makes you happy, will over time, come to solve many of your financial problems. This will not only provide you with security like most of the investors at finance investment firms in Delhi, Kalkaji, but would also help you reach the future as you want!

Do You Know the Difference between Visa & Master Card

Often clients at Finance Investment Companies Malviya Nagar, Delhi are seen to be contemplating about the power of Visa & Master cards. Both the cards are well-known and large payment networks that are each other’s competitors. But, many card holders are not aware of this fact and they consider both as somewhat identical and interchangeable.

According to Finance Investment Companies Malviya Nagar, Delhi the first thing that you need to understand here is that both these cards are issued by banks and act as networks that process payments between banks and merchants for purchases made with the cards. However the line of difference between Visa and Master card is really thin. Visa and Master card offer cardholders with certain added perks like rental car insurance, payment protection, fraud security and more. So, when it comes to deciding on Visa or Master card it is usually more important to know what the issuing bank is offering in a credit card and what the payment processor includes.

Main Differences between Visa & Master Card:

Visa:

Visa card offer two level of benefits i.e Base Level benefit and Visa Signature. Base level visa cards come with auto rental collision damage coverage, extended purchase warranties, unauthorized purchase coverage, emergency assistance and urgent card replacement. On the other hand Visa Signature cards provide the base-level offerings as well as a 24/7 concierge service and an online portal that gives card holders access to discounts, entertainment, sporting events, dining and travel.

Master Card:

Master card comes with three types of benefits – base, world and world elite. The base level facility offer perks similar to that of Visa. In addition to this Master card provides one notable service that Visa does not: price protection. This means if you buy an item using master card and the price reduces within 60 days, Master card will cover the differences, though there are exclusions.

World level facility of Master card includes additional perks like dedicated personal travel advisor, longer price protection (120 days) and added amenities at certain hotels. Master Card’s top level – world elite come with the above mentioned benefits along with discounted service at participating rental car companies, reduced prices on airfare and access to world elite cruise and vacation program guides, which provides price cuts on cruises and other travel trips.