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Achieving Financial Freedom: Why Earning Your First ₹1 Lakh, ₹10 Lakh, and ₹1 Crore is the Hardest Part
Achieving Financial Freedom: Why Earning Your First ₹1 Lakh, ₹10 Lakh, and ₹1 Crore is the Hardest Part
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Best Countries for Low Income Tax.
Comparison for a $100,000 Salary: Top 10 Countries, India, and Dubai When it comes to building wealth and reaching financial independence, understanding how much income tax you’ll owe can make a huge difference in your planning. Let’s explore income tax rates for a $100,000 annual income across some key countries, including India, and highlight Dubai’s…
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Mutual Fund: Regular vs. Direct: Why You Should Consider Switching
When investing in mutual funds, you’re often presented with two options: Regular plans and Direct plans. Both offer the same portfolio and fund management, but the cost structures are different. Understanding these differences is essential if you want to maximize your savings and grow your wealth faster, especially if you’re on the path to financial…
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How Inflation Eats into Your Savings Over 3 Years: The Fixed Deposit Example
Imagine you have ₹10,00,000 in a Fixed Deposit (FD) earning an annual interest rate of 6%. At first glance, this seems like a reasonable return, but let’s see how inflation impacts the real value of your savings over three years. We’ll assume the annual inflation rate is 7%. Here’s what happens over the next three…