Kaustubh Kale

AI Generated Image Every September, we remember our teachers - the ones who shaped our thinking, disciplined our efforts, and instilled in us habits that stayed far beyond the classroom. Teacher’s Day, celebrated on 5th September, is not just about gratitude for academics; it is also a chance to revisit the timeless life lessons that apply to every sphere - including our financial journey. Let us look at four lessons our teachers gave us: 1. Level up as you grow Remember how each year in...

One of the most common questions in financial planning is: how much term life insurance should a person actually have? You may hear rules such as 10 times or 15 times annual income. While these thumb rules are a good starting point, a simple Excel sheet can help you understand the actual requirement better. The basic purpose of term insurance is income replacement. If the earning member of a family dies, the family loses not just today’s salary, but the income that person could potentially...

Buying a home is one of the biggest financial decisions most people make. A home loan can be one of the smartest ways to achieve that goal, but how you structure and manage the loan matters equally. Here are five points to keep in mind if you already have a home loan or plan to take one. 1. Keep the down payment minimal Consider keeping the down payment to the minimum level required by the lender. Home loan interest rates are relatively low and currently generally range between 7% and 9%....