Are You Married Or Not Check This

Is believed to be mature enough to understand that today 's youth . Most young couple enjoys their life and their life after marriage in order to keep several things to consider . But somewhere behind Financial Planning things are left out . Young couples think that they have enough time to do all these things . But it does not really matter . Expenditure management , personal finance , saving and investment decisions should take at an early stage of life . Here are some ways to tell that married life can do for you .

Conversation with spouses on their goals : Most people on their spouses do not interact with the personal goals and plans . The two are not necessarily the same lifestyle . If you have limited means of earning a better you - talk to other priorities .
To manage your expenses , create a budget for your expenses : Prepare a list of your expenses and set a budget on a monthly basis . Your costs a little - a reduction of 20 per cent each month can save .
However , in the future, who knows what he might see the day . You have to collect money for the coming time . Suppose no one leaves the work will impact the repayment of the debt . Before borrowing the cash sure to look into your future .
Keep saving to secure the future : new couple met for the first time since the beginning of the financial plan so much attention on savings . In economic language is called - small savings can save you from the greatest crisis .
- Try saving the time moving day at the cost of increasing your savings .
- To save for emergencies is essential . Insurance in a way that will work for you .
- Your medical and hospital bills to buy a health cover .
- Do not place the same money , her individually submit schemes . Additionally , in view of the risk in those schemes savings plan .
It is said that marriage is the most effective method is extremely accurate are your personal finance .

Significant Advice on Financial Planning

Bring your goals in a first direction . After that deadline, consider the cost to each target . To meet long- term goals and invest in equity , while the short -term goals should invest in debt funds . Also ensure family safety , given a family floater plans , which cover should be around Rs 8-9 lakh . To achieve all the goals you have to invest Rs 27,000 per month . Goals is the best option to invest in mutual funds , it is the only choice . Click to Protect Term Plan and ICICI Prudential HDFC Life Care Plan can take any of them .

 Existing investment in 20 years you can add up to Rs 1.65 lakh . Making it clear that it will be easy to achieve your retirement goals . But there are other goals other than retirement , they also start planning .

Goals to invest in equity funds . By closing the LIC policy, it would be better to put money into mutual funds . The term plan of Rs 25 million is not enough for you to review . Plan should take 10-12 times the amount of annual income .

Give proper Direction to Financial Planning

At only 30 years old you are planning to invest so it is quite commendable . You have enough time to accomplish your goals . If you have made the investment strategy, but it is in the right direction . The first 6 months of expenditure created the Emergency Fund . After that you have enough to cover only 50 million rupees , its review. Thereafter the interest of safety of the family take a family floater plan . The 30- year retirement to raise Rs 2 crore have to invest Rs 6,000 per month . 5 years at home for years to achieve Rs 6-7 lakh to Rs 6,000 per month to be invested . LIC's Jeevan policy can stop and enjoy the simple life , and put the money in a fund may be appropriate.

You only have 8 years to achieve the goal of retirement . So, you need to reshuffle their portfolios significantly . Starts at Rs 2,000 to RD icici

Balanced Fund . PPF investment is right Keep it up . Further review of mutual funds in the portfolio , the fund not right , leave him . With the right strategy continue to upgrade existing investment objective will be achieved .

 Set your goals before investing . After the deadline set goals and then make the same investment strategy . If you 're confused about investments can also take the help of a financial planner . Balancing risk and profitability of the asset allocation remains . The first 10 times the annual income of the Plan provides for an equivalent amount . Apollo Munich and Max Bupa Health Plan as the Plan may choose .

The Banking System ......Stable?

RBI has released its Financial Stability Report . RBI during the past 6 months increased risks to the banking system . Qi 3 in the U.S. Current Account Deficit Reduction to reduce delays to India got a chance .

RBI believes that the forthcoming elections could be uncertainty in the economy , a stable government in the economy chugging along . Signs of improvement in the economy , yet the pace of growth is sluggish . By September 2014 the Bank's NPA is estimated to be 4.6 per cent , 4.4 per cent to March 2015 the NPA of banks .

Chowdhury says


RBI in the 3rd quarter report of possible changes in the economy . Since the RBI to cut rates in the country is more than just inflation rates can maintain their rising trend . RBI traditional policy of the Bank of Japan could take something out of the decision .

RBI has made ​​it clear that the exemptions for certain sectors to be announced . RBI keeps an eye on liquidity and will work on measures to maintain growth .

Create balance for income and expenditure

Create balance in the income and expenditure. 4-6 months, the amount of expenditure as well as close as Keep emergency fund. The Term Plan provides adequate cover for himself and his wife, also invest in liquid funds and to increase the investment amount each year.

To achieve the goal you have time for 3-4 years. The investment of Rs 10,000 per month would not be possible to raise Rs 5-6 lakh. LIC Wealth Plus, the idea of ​​surrendering the moment is wrong. Stay in the policy, it is a plan Highest NAV guaranteed. Which will benefit you in the long run.


  It is exceedingly difficult to achieve with existing investments. The least amount of goals in the review and try to accomplish the goal. Such as investment amount or extend the duration of the target may also consider the option.

Financial Planing Analyze Your Financial goals First

We should be checking their economic plans that are effective or not these changing times. Over time, reducing your financial responsibilities - keep on growing.






Example - after the wedding comes the responsibility of the individual above his or her spouse. Planning must be for her, so in the future, children education, marriage, retirement, travel abroad are many stops which kept the investment policy is changing.

So you round here being advised that changing your investment strategy should be like.



The expenses should have all of the time. Loans, loan interest, moving expenses due to rising inflation, some of which can be calculated. Please observe all possible points on the budget and taxes. All targets together with your spouse, planning responsibilities to.

When it should take care of their net worth. You need to decide whether or not to take financial responsibility both of you. Mix it with your goals, individually and to create separate accounts for goals individually with the savings and investment planning.



Keep your financial documents updated from time to time. Among the new nickname, new address, please add the name of the beneficiary etc etc.. Women's marriage - marriage, divorce, etc. nickname in case there is a change in this information and all bank accounts, insurance policies, health insurance, etc. The men of their new address, contact numbers, e-mail etc. should be fully aware of.

Marriage - marriage certificate and power of attorney in case of marriage, etc., are one of the most important papers. The extension while you enjoy your beneficiary, etc. The names of nominees must lodge well with correct spelling.



With increasing responsibilities also increase your insurance cover. In its policy, the names of people dependent on you - wife, child, do not forget to include as a nominee.

You top insurance - car up so you can get the same insurance benefits that much.


Create different for long and short term financial plan and work according to plan. Joint investment policy will make both of you will be aware of all things and will have no trouble achieving investment goals. With it, you can achieve better returns and better earnings.

If investment plans once every 3 months after that check it, consider switching loan, the Fund buying - selling, you do not need to change or add new funds. If you are not able to do all this for yourself, you can take the advice of a financial planner.



If some of your family members depend on you, you should think about making a bigger emergency fund. At least 6 times your monthly expenses Keep your emergency fund. Job acquittal, in case of sickness and accident, you may need the funds.


You do not wasteful spending is essential to create a family budget. Not only will you avoid unnecessary costs through the budget rather long period can manage your money. You must write your expenses under budget, what your investment goals and what item you have to spend much money, should take care of that.

Financial software for managing your budget, you could also use the Perifoes, Em profit and Invest plus software such as portfolio management and budgeting you can help.



If you have two nominees will be equal on both the financial responsibilities that you should te.

If you are living beings with the sole earning your husband - wife at least pay the bills and other short - ask to play with big responsibilities.

This kind of house isolated from the freedom to play responsibilities.

Mutual exchange of ideas - provided you can take advantage of mental peace. Sit with your family and financial information, investment strategy, decide which everything could build a better future.