Heads personal finance at Moneycontrol (@moneycontrolcom), previously @livemint, loves writing on tennis on the sidelines.
Jun 20, 2023 • 5 tweets • 2 min read
Nomination in a financial instrument is often touted to be an important tool in succession planning. But reality can be quite different.
Let's look at a case study.
Suresh is a Hindu male. Wife: Laxmi. Children: Mahesh and Stuti. Suresh has named his wife Laxmi as the nominee.
After the primary holder's death, the nominee can get the bank account money that belonged to the primary holder. But s/he is answerable to the legal heirs.
Oct 5, 2022 • 4 tweets • 3 min read
Planning for children's expenses.
From kiddo costs to higher education.
There are near-term expenses + long-term goals.
Where to begin?
Here's a must-read guide by @moneycontrolcom columnist @DubeyEela
To get a grasp of what hits your children's expense the most, take a look at this. In the beginning, it's mostly clothing, food and healthcare.
Worried about finding the right mutual fund from over 1,500 schemes? @moneycontrolcom brings MC30; a curated basket of 30 mutual fund schemes. We'll update this basket once every year. Don't invest in all 30. Pick 6-10 schemes.
Our MC30 list of schemes. 📜
We've got you covered. Equity, debt, international and gold funds. @dhuraivel@moneycontrolcom
Why do you need a Will? In #Covid_19, why is it so important?
✔️Death is sudden..Decide who gets what, NOW.
✔️Avoid disputes LATER.
A 4-part video series I did with @GMashruwala around 2 years ago on Wills and Estate planning...just 10 minutes each. WATCH. @moneycontrolcom
Why do you need a Will? #COVID19
✔️Absence of clarity can lead to disputes, later
✔️Eveyerone needs a Will; not just the rich
✔️Mention real-estate, jewellery too in your Will
✔️Isn't nomination enough?
with @GMashruwala@moneycontrolcom
You see them in their swanky cars, in business class seats, in high street malls. But how do crorepatis manage their money?
What can we LEARN from them? And which of their habits should we AVOID?
Presenting a 3-part personal finance series @moneycontrolcom.
INVESTING lessons from the rich. @moneycontrolcom
No matter how much money they have, they don't let money remain idle in their savings account.
For more such takeaways, read this 👇
The biggest lesson we have all learnt from #COVID19 is the need to have health insurance.
Here's a select list of health insurance stories that we @moneycontrolcom personal finance have done in recent past.
For a better understanding of where to start. @Preeti__Kul
Sure, your company provides you with a health insurance cover. But you must also have your own personal health insurance policy. This is very important. @Preeti__Kul@moneycontrolcom@MoneycontrolH
If you've missed @moneycontrolcom special week-long series on women financial advisors and distributors who've made a difference, then here goes the series once again. Read their inspiring stories right here.
CC: @TheGreatGruhini
Meet Chennai-based Renu Maheshwari (@renumaheshwari3). Aside from her financial planning profession, she conducted financial literacy courses at a women's college. Now, she also recruits her staff from there. @moneycontrolcom@TheGreatGruhini