In the emotional aspects of real estate investing, everyone would seek property investment in almost every portfolio. Residential property is the most favorite and common asset class that the people should own. Even while people are in high earning and accumulating phase tend to get carried away and keep buying multiple properties and land in […]
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Author: Suresh Kumar Narula
Suresh Kumar Narula is founder and Principal Financial Planner at Prudent Financial Planners. He has earned the professional CERITIFIED FINANCIAL PLANNER and got registered with SEBI as Investment Advisor. He writes on personal and financial planning articles and got published in Dainik Bhaskar, Business Bhaskar and The Financial Planner's Guild, India. He is also a member of Financial Planner's Guild India ( An association of practicing SEBI registered Investment advisers) to create awareness about Financial Planning in general public, promote professional excellence and ensure high quality practice standards. Suresh received his an M.com from Himachal Pardesh University and an MFC from Punjab University, Chandigarh. He can be reached at info@prudentfp.in
Are you committing 6 BIG Mistakes to hamper your wealth creation journey?
1. Underestimating inflation Almost everyone we interact with is keen on being financially free in 10 years or less but they are unable to estimate the effect of inflation on their expenses. A good rule of thumb to remember would be that at 7 percent inflation, your expenses will nearly double every 10 years, even when you […]
How to make a sound financial plan that can help you reach all your goals?
The impact of the COVID-19 pandemic on our cash flows due to job losses and demise of loved ones in the family, has been felt by many of us and has exposed those without a financial plan. Over the past decade, financial planning has gained importance. You can either seek an expert for your financial planning exercise or do […]
NPS scheme: 8 reasons to opt this pension plan for better return with minimum risk
The National Pension System (NPS) is a unique pension plan backed by the Government of India, which provides both equity and debt exposure in single investment. It provides an attractive long-term saving alternative with a secure and regulated market-based return for correctly planning your retirement. The Pension Fund Regulatory and Development Authority (PFRDA) regulates it, and […]
Here’s how different inflation measures impact your financial goals?
The Reserve Bank of India (RBI) Governor Shaktikanta Das said in his monetary policy statement on September 30 that India’s consumer price index (CPI) remains “elevated” due to large adverse supply shocks. The inflation rate in June as measured by the Consumer Price Index came in at 7.01 percent, the highest in around eight years. […]
Planning to buy a house? Harvest your capital gains & Save Taxes
Are you planning to buy a house in the next couple of years? There is a hidden rule in the tax book that allows you to reinvest your capital gains, without paying any long-term capital gains (LTCG) tax, provided you use the money to buy a house or capital gains bonds. But for now, let’s […]
5 Demystify your Investments Myths and How to Get rid of them.
The lack of adequate financial literacy creates fertile ground for the propagation and acceptance of financial myths. While the wide prevalence of these myths or misconceptions stop many consumers from making optimal financial decisions, falling for some of these can have long-term adverse consequences on their financial health. At PrudentFP, we here are observed some of the […]
Just Investment planning is not enough. Align your life goals, too
At PrudentFP, over the last 12+ years of running our financial planning practice, there’s been a significant increase in awareness around investing with a clear set of objectives. Whilst many investors are still content with investing with a well-defined time frame of a certain number of years, another set of more evolved investor families use […]