Financial Planning | Enrichwise

December 1, 2024 Financial Planning Enrichwise Digital

How Much to Save for Retirement: A Complete Guide

Retirement should be a time to relax and enjoy the life you've worked hard to build. But when it comes to figuring out retirement, it’s not always straightforward. One of the first questions to ask yourself is: how much should you save for retirement? Guidelines like the 80% rule can be a helpful starting point, [...]

July 13, 2024 Financial Planning, Investment Planning Enrichwise Digital

Are Fixed Deposits (FDs) Risk-Free?

This article evaluates the safety of fixed deposits. For generations, Fixed Deposits (FDs) have been the cornerstone of Indian investments, prized for their guaranteed returns and perceived safety. However, in today's economic landscape, is this traditional approach still serving us well? Let’s analyze the numbers and uncover the reality behind FDs and their alternatives. Evaluating [...]

April 27, 2024 Finance, Financial Planning, Financial Services, Investment Planning, money, Stocks, Mutual Funds, Etf's etc Enrichwise Digital

Top 5 Mutual Fund Mistakes and How to Fix Them!

While mutual funds offer a user-friendly and broadly accessible gateway to stock market participation, even experienced investors can fall prey to missteps that erode their returns. Here are five common mutual fund mistakes to watch out for and tips to avoid them: Not Understanding Your Risk Tolerance: Many investors fall into the trap of chasing [...]

November 21, 2023 Financial Planning, Stocks, Mutual Funds, Etf's etc, Tutorials Kapil Jain

Explore the World of Mutual Fund Categories: A Deep Dive into Large, Mid, and Small-Cap Funds

Explore the World of Mutual Fund Categories: A Deep Dive into Large, Mid, and Small-Cap Funds This comprehensive guide will demystify the essential categories of mutual funds—large, mid, and small-cap funds—so that you can make informed investment choices tailored to the Indian market. Introduction on Mutual Funds Before we dive into the specifics of these […]

October 28, 2023 Financial Planning, Investment Planning Kapil Jain

What is Familiarity Bias?: The Hidden Factor Affecting Your Investment Decisions

Unveiling the Secrets of Familiarity Bias: The Hidden Factor Affecting Your Investment Decisions Are you confident in your investment decisions? Do you ever wonder why you have a tendency to invest in familiar companies or industries? If so, you may be falling victim to familiarity bias, a hidden factor that can significantly impact your investment […]

September 28, 2023 Behavorial Finance, Financial Planning, Investment Planning Kapil Jain

Mind over Money: Mastering the Mental Game for Financial Triumph

Mind over Money: Mastering the Mental Game for Financial Triumph Introduction We all strive for financial success and stability in our lives, but the path to achieving it can often be challenging. While it is essential to develop a solid understanding of financial strategies and investments, we often overlook the importance of our mindset when […]

August 22, 2023 Financial Planning, Investment Planning, Retirement Planning, Stocks, Mutual Funds, Etf's etc Kapil Jain

SIP versus SIP TOPUP ! The Ultimate Guide- Why Every Investor Should Consider this Smart Strategy

The Ultimate Guide to Top-up SIPs: Why Every Investor Should Consider this Smart Strategy Introduction Investing in mutual funds through a Systematic Investment Plan (SIP) has gained tremendous popularity among young investors. It offers a disciplined approach to wealth creation, allowing individuals to build a financially secure future. While SIPs are a fantastic investment strategy, […]

July 27, 2023 Financial Planning, Retirement Planning Kapil Jain

Importance of Time and Power of Compounding

Power of Compounding Introduction Investing is a crucial aspect of financial planning, and understanding the power of compounding can significantly impact one’s long-term financial well-being. As an individual starts earning their first salary, it is essential to recognize the benefits of putting money into investments early on. This article delves into the significance of starting […]

June 24, 2023 Financial Planning Kapil Jain

5 Easy Steps that Women Can Act to Focus on Financial Wellness

5 Easy Steps that Women Can Act to Focus on Financial Wellness In this day and age, we see a lot of women in the workforce and making significant strides in their professional careers. Most of these women also take home a hefty amount of salary. Seeing this, we might like to believe that […]

June 11, 2023 Financial Planning Kapil Jain

What is HUF or Hindu Undivided Family

What is HUF or Hindu Undivided Family? According to suitability, there are various ways of doing business in India, but the government has recognized that family businesses should also be regulated and incorporated. Hindu Undivided Family (HUF) is a way of doing family business in a very structured and legal manner, making it possible to […]

Category: Financial Planning