Author: Valueraj

At Valueraj Associates, we believe regular knowledge is essential to deal with your money needs of now and of future as well. This knowledge can be nurtured through fun also.

When it comes to managing your personal/family finances, it is not as easy as preached by pink papers, money magazines, business news channels and blogs. If you have a full-time job to do, you may have to sacrifice your week-ends and after-office hours to learn about personal finances. Only when you develop it as a serious hobby, you will be able to manage your finances well and good. If not, you better seek services of a professional advisor and make sure that he not only gives unbiased recommendation on financial products but also responds promptly to your service requests. He should be like a family friend in need! Find the above comic strip on this and we hope you enjoy it.

At Valueraj Associates, we believe regular knowledge is essential to deal with your money needs of now and of future as well. This knowledge can be nurtured through fun also.

When it comes to children’s education, cost of higher education is increasing faster than parents’ income in our education system. Regardless of whether the institutes/universities are public or private, better the reputation, higher the costs. Hence, it is your responsibility to plan and invest for this future need so as to avoid taking student loans then. If you avail student loans, it is in effect shifting your responsibility to your children and burdening them with loans early in their life! Find above a comic strip on this and we hope you enjoy it.

At Valueraj Associates, we believe regular knowledge is essential to deal with your money needs of now and of future as well. This knowledge can be nurtured through fun also.

Unlike in the past, it is mandatory now to declare all your bank accounts in Income Tax Return Forms. Also, as per Income Tax Laws, you have to maintain account statements of the past 7 years for any verification by the Income Tax Officers. To be able to comply with these rules easily, you should keep only as few a bank accounts as necessary. This will not only help you track your bank transactions better but also be aware of all service charges deducted by bank from time to time. After all, there are always some hidden charges and it is up to you to trace them! Find above a comic strip on this and we hope you enjoy it.

At Valueraj Associates, we believe regular knowledge is essential to deal with your money needs of now and of future as well. This knowledge can be nurtured through fun also.

As India is still a developing country, it is natural for our government to spend much more money than what it collects by means of taxes, duties etc. This excess spending results in annual budget deficit which is met by loans (called national debt) borrowed from bond market. As such, budget deficits are not bad if the excess spending is more towards investments for the growth of economy. On the contrary, if the excess spending is more towards consumption in the government, then budget deficits will backfire on us with higher inflation and more taxes in future. So, be aware of our government’s budget deficit and whether that deficit is invested or wasted! Find above a comic strip on this and we hope you enjoy it.

At Valueraj Associates, we believe regular knowledge is essential to deal with your money needs of now and of future as well. This knowledge can be nurtured through fun also.

As years pass by, you are growing old and inching year by year closer to retirement. When it comes to retired life, only government employees are provided with guaranteed pension to lead a decent life then. All others have no choice but to plan on their own and invest for a retirement corpus. This corpus should be large enough to derive enough income to meet all your living costs then. Only then, on the day of retirement, you will feel how great your future will be rather than how great your past was! Find above a comic strip on this and we hope you enjoy it.