Monthly Archive: August 2016

Aug 29

Be reasonable with financial goal target.

  I am 40, working in a PSU. My wife is a homemaker. My elder son is in class 6 and the younger one in class 1. I am expecting salary hikes from 2017. I wish to enrol my son into IIT, for which I wish to spend for coaching. Do suggest investment options to …

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Aug 17

If you are in transferable job buy land and construct latter.

August 17, 2014:   I am 31 and work for a public sector bank. My wife is a homemaker and my daughter is two. The job is transferable and my bank provides me with leased accommodation at the place of posting. I am eligible for a housing loan of ?20 lakh at simple interest rate …

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Aug 07

With Limited surplus prioritise the goals

  I am 40, working in an engineering company. My wife works in the private sector. My son is 11 and my daughter five. We are covered under group health insurance. Both of us have endowment cover for ?5 lakh. My EPF balance is ?3 lakh and that of my wife’s is ?2 lakh. Our …

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