Sebanti Roy Chowdhury

1. Investment – your route to financial freedom Why investing is essential to gain financial stability? How adding defined-returns investment plans like fixed deposits help in creating the funds for future life goals. 2. 5 common investment questions simplified How do I know if I am financially ready to start investing? Where to start investing my money? How do I assess an investment plan? How long should I let my money stay invested? Should I invest in instalments, or at one go? https://hermoney.com/invest/retirement/10-investing-questions-explained-in-plain-english/ 3. You can start investing with only Rs. 500! Many women feel that investment needs a huge amount of surplus cash. Here’s debunking the myth, you can go the SIP way and start investing with only Rs 500 per month. 4. 7 Investment tips for women seeking financial freedom Read and research, learn to manage your own money. Define your goals and set a timeline. Create a budget. Pay yourself first. Get debt-free. Buy insurance. Take care of retirement funds. https://economictimes.indiatimes.com/industry/miscellaneous/how-women-can-ensure-long-term-financial-independence-through-a-series-of-small-steps/hire-a-fee-only-financial-planner/slideshow/-.cms https://www.moneycontrol.com/news/business/markets/5-ways-to-start-journey-towards-financial-independence-for-women-investors-.html https://hermoney.com/save/budgeting/how-to-cure-your-worst-spending-habits-once-and-for-all/ 5. Do you have an emergency saving fund? Setting aside at least six month’s income in a separate savings account is a must to stay prepared for uncertainties. Stowing the funds in a fixed deposit plan can also help you earn a decent interest and enjoy easy liquidity. https://hermoney.com/save/emergency-fund/i-depleted-my-emergency-fund-in-2020-now-what/ 6. How to lower investment risks? Financial experts recommend spreading investments across diverse investment avenues to mitigate risks of market fluctuations. Fixed-income investments like fixed deposits can provide assured, sizeable returns. 7. Why lock into current fixed deposit interest rates today? Repo rates have been consistently going down since February 2019. Locking into current rates can help avoid further erosion on returns with changing economic scenarios. Laddering FDs can help avoid loss on returns if interest rates increase in the interim. 8. 5 benefits of a personal savings account A safe place to preserve capital, Facility to rent lockers, Debit cards with attractive rewards on spending, Financial cover against accidents, Automating bill pays Kotak Silk Savings Account Online (bankbazaar.com) Silk Women's Savings Account Exclusive Features - Kotak Mahindra Bank 9. 6 ways women can use a personal loan Loan refinancing, funding the down-payment for a car, going on a vacation, pay medical bills, meet wedding costs, buying the latest gadget. Calculate the EMI you have to pay with an online EMI calculator, plan your repayment schedule as per your cash inflow, and apply today! https://www.experian.com/blogs/ask-experian/what-can-a-personal-loan-be-used-for/ https://www.investopedia.com/articles/personal-finance/111715/when-are-personal-loans-good-idea.asp 10. Understanding personal loans – Factors to look out for Do you match the eligibility criteria? Should you place multiple applications? How to make sure timely EMI payments? How to get an affordable interest rate for your loan? https://hermoney.com/borrow/applying-for-personal-loan-questions/ 11. Why you need to start retirement planning today Starting early helps increase returns with the power of compounding, and also allows an aggressive approach to investment as financial liabilities are low at a young age. But if you have not started yet, it is not too late. Here’s a few tips on how you can catch up with your retirement planning. https://hermoney.com/invest/retirement/how-to-get-back-on-track-with-your-retirement-planning-in-2021/ https://hermoney.com/invest/retirement/no-retirement-savings-heres-how-to-catch-up/ 12. How to stay solvent as a single working woman Whether you are living alone or raising a kid single-handedly, careful financial planning can help you secure your financial stability. Repay your outstanding debts, Focus on improving your credit score, Set a budget and stick to it, Maximize your tax savings, Set measurable financial targets and chart out roadmaps to achieve your goals https://hermoney.com/connect/family/how-to-stay-solvent-in-a-one-income-household/ 13. How to create a budget and stick to it The secret to staying faithful to a budget is to create the right plan for your specific financial needs. Three types of viable budgets to try out include: The 50/30/20 budget The Zero-Sum Budget  The Backwards Budget  https://hermoney.com/save/budgeting/could-2021-be-the-year-you-start-and-stick-to-a-budget/