alexa
Indianmoney.com Missed Call Number

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
 
Home Education Job

For more knowledge from around the globe get Indianmoney App Now

Google Play
 
Education Image

Plan for surviving a job loss: #3 Do not stop your Equity Mutual Fund

Saturday, May 20, 2017, 6:09 PM

You may be tempted to stop your Equity Mutual Fund SIP's in a layoff. Stopping SIP's of equity mutual funds in a layoff can affect your financial-goals. If you have enough money to manage household expenses for the next 3-6 months, you must keep your SIP's running. Take a look at your financial-situation. If your spouse is earning, you can easily continue your SIP's.
Education Image

Plan for surviving a job loss: #2 Make a household budget

Saturday, May 20, 2017, 6:01 PM

A budget will help you limit your expenses. Divide your expenses into discretionary and non-discretionary expenses to manage them better. A well planned budget not only helps you enjoy a reasonable standard of living, it also helps you achieve progress on getting to long term goals. Make sure your budget allows for a little spending in tough times like layoff.

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
CIBIL Meter
Get It now!