Now you have saved up money by being disciplined. But do you know your saved money is constantly loosing its value i.e. purchasing power. This is due to inflation, prices of things going up. Let us say in 2022 one kg of onions cost Rs 100 average price. The following year the average price of…

Most of us work nearly everyday to pay our day to day living expenses. We do not have capital(resources which earn income), we trade our labour for money. Money which we use to purchase other goods(tv, laptop, mobile etc.) and services(services of barber’s etc.) which we may require. Now if we rely solely on labour…

Public Provident Fund (PPF) is a small savings scheme backed by Government of India (GOI). It is essentially a debt instrument in which the investor is giving debt to GOI. As PPF is backed by the government the returns and principal are guaranteed hence it is a very low risk investment PPF salient features!  PPF…