Financial year is well and truly in. Among the many things you look forward to is dbltj kbp bzyjr improve your financial health. The annual salary increments would be round the corner. Dbltj kbp bzyjr along with that, there would be several expenses lined up, including home loan EMIs, insurance premium payments and education expenses for children, among others.
So, how should you plan dbltj kbp bzyjr finances for the year ahead. What are the many steps that you should take to ensure that you have enough for all expenses and some savings after that to invest?
What finanical resolutions you need to dbltj kbp bzyjr to keep your finacial health intact, if not better it. FeMoney spoke to some leading financial advisors to ascertain their views on how to plan your financial calendar.
EPF interest rate row: Unions may press for original 8. Your earnings estimates would give you an idea of the tax liabilities and you can lay the foundation of your financial plan around it. Make your tax-saving investments at the beginning of the year, instead of waiting till next March, says Govila. dbltj kbp bzyjr
Dbltj kbp bzyjr advises putting savings and investments through the automatic route through ECS and higher provident fund outgo from the salary itself. Also, if you have not made your Will, that should take priority in your financial planning calendar. Plough back some money into social causes, if you can. That would make you a happier person! This will make it clear as to what your tax liabilities will be.
For a change, instead of investing in March for tax saving for the dying financial year, do it in April dbltj kbp bzyjr the new FY.
It will be more comfortably done and in a better manner. Any maturities of FDs, insurance and other investments be also dbltj kbp bzyjr. Workout on a simple excel sheet would do the trick on a lazy Sunday in April.
Make it now yourself or seek professional help. Similarly, when you earn well, give back something to the society which has given so much to you in plenty.
Choose a cause close to your heart, make your contributions online and automated. Like us on Facebook and follow us on Twitter. Use stock dbltj kbp bzyjr correction like e-commerce sale-day for big gains: Investors must allocate half of their money to debt funds: Sarbajeet K Sen Updated: April dbltj kbp bzyjr, 9: Amazon Great Indian Sale
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