MICRO Blog

The latest revisions to India’s National Pension System (NPS) have allowed it to evolve into a flexible, low-cost, multi-choice, tax-efficient, long-term retirement product. For many investors, this could well be a game changer. Especially for those who: This behavioural gap is blatantly reflected in the difference between mutual fund scheme returns and actual investor returns. […]

There is no secret recipe to becoming wealthy. There are a lot of factors in life though which prevents one to tread that path and these are primarily tied to emotions. For instance, While these deep-seated emotions are often complex and hard to peel, here is an infographic above highlighting the traits which separate the […]

If you self-reflect on your annual expenses of the past 3 years, I am sure you would observe that your lifestyle has evolved. Your income has risen and so have your aspirations. It could be an upgrade to a better car, a better house, frequent shopping, frequent vacation incl. foreign travel, club memberships, lavish spending […]

While preparing financial plans for clients – I have come across many pain points which otherwise prevent individuals to navigate a healthy, secured and confident financial future. These include huge debt, flamboyant lifestyle, excessive risk taking, no clarity of financial goals, inadequate insurance, juggling major life transitions and many more. All the cases handled though […]

As a financial adviser, I always reiterate that how much income you earn does not matter. How well you manage that money and put it to work to grow for you is what is important in the long run. That is why your personal Net worth is an important indicator of your financial well-being. Simply […]

Most people equate financial freedom with retirement. People set milestones – ‘I want to accumulate an X amount by age 40 and then retire’. But financial freedom is not retirement from work. It is a mirage unless you have truly figured out what you really want to do in life till your time on earth […]

With the 2nd wave turning out to be more deadly and load on hospitals, many of them are not entertaining cashless claims. People despite having health covers have to go through the reimbursement route. Many are also not getting 100 per cent claim amount and have to cough out at least 20-30 per cent of […]

Financial freedom means different things to different people – for some it is to be debt free, for others, it could be having the liberty to want to work and not have to work, could be achievement of all financial goals. The narrative changes with the passage of time. Overall, someone genuinely and persistently aspiring […]