Financial Planning | Enrichwise

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 […]

April 24, 2023 Financial Planning, Investment Planning, Life Planning Kapil Jain

Don’t Leave Your Family’s Future to Chance: The Importance of Having a Will

Don’t Leave Your Family’s Future to Chance: The Importance of Having a Will Imagine you have worked hard throughout your life for your family so that they can benefit from your hard work, but due to not clarifying which part of your estate will go to whom, there is a clash among your family members. […]

February 16, 2023 Financial Planning, Investment Planning, Stocks, Mutual Funds, Etf's etc Kapil Jain

Debt Mutual Funds vs Bank Fixed Deposits: Which is A Better Option for Low-Risk Investors?

Debt Mutual Funds vs Bank Fixed Deposits: A Better Option for Low-Risk Investors For many investors, fixed deposits (FDs) offered by banks have been a traditional low-risk investment option. However, with the growth of the mutual fund industry, debt mutual funds have become a popular alternative for those seeking stable and reliable returns. In this […]

February 12, 2023 Financial Planning, Investment Planning Kapil Jain

5 Things to Do in A Volatile Market

5 Things to Do in A Volatile Market Market volatility is not a new concept when investing in the stock market. Volatility technically means the standard deviation of the stock market returns using the mean. In simpler terms, the change in the prices of stocks during a particular period is known as volatility, which you […]

February 1, 2023 Financial Planning, Tax Planning Kapil Jain

Budget Highlights – 2023 ! Highlights and Old regime Versus New regime !!!

Budget Highlights – 2023 ! Highlights and Old regime Versus New regime !!! 7 key changes in Budget impacting ‘Investors’ – 1) New Life Insurance policies > 5 lacs aggregate premium – Proceeds are now taxable (For ULIPs this was already at 2.5 lacs ) Impact – Traditional Insurance becomes unfavourable from 1st April. Rush […]

Category: Financial Planning