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MEDICAL CONTINGENCY FUND
Home loan closed? 5 smart ways to use your surplus EMI money for insurance, retirement and emergenciesPeople often get emotional about closing their home loan early and start using a majority of their funds to aggressively pay off this oblig...
Hidden cost of travel: Visa fees, card markups, optional tours and tips that can add 25-40% to budget; here's how to plan for themMany travelers fail to account for hidden costs while planning international journeys, often only considering major expenses. These overloo...
Your house is worth Rs 2 crore, but are you really retirement ready?While an expensive home is nothing less than an achievement, you must remember that the house in which you live produces no rent at all. Ap...
Should I take education loan or break my investments to pay Rs 21 lakh for my son’s MBBS degree?ET Wealth Reader's Query: I am 48, planning to fund my son’s MBBS degree at a private medical college. The fee is about Rs 21 lakh a year f...
BRICS adopts New Delhi Declaration: Inside the 140-point document on Global South's ambitionsBRICS leaders adopted the New Delhi Declaration at the 18th summit, reaffirming their commitment to cooperation, multilateralism and a more...
Is senior living worth the cost? Financial trade-offs seniors and families need to consider before making the moveAs families shrink and longevity rises, senior living offers independence, companionship and security. But the comfort comes at a real cost.
Strikes in the Gulf changing rules behind India’s big-money betsIndia Private Equity Investment 2026: Geopolitical risks now shape private equity deal considerations in India. Investors increasingly focu...
The stairs to the podium: India's sporting rise under PM ModiIndia's sporting journey transformed significantly from 1934 to the present day. Government programs like TOPS and Khelo India now support ...
Sandwich generation: How to balance retirement, children’s education and care for elderly parentsLuckily, the squeeze phase doesn’t last forever. Kids grow up, loans get paid off and people enter peak earning years as they move towards ...
Health insurance isn’t enough in retirement: Why you need a medical contingency fund
Health insurance won’t cover everything - expert explains importance of medical contingency fundStart small by saving a fixed amount each month, separate from other financial goals, and in a few years, you’ll have a solid buffer. Say y...
What is a contingency fund and why do you need oneWhat is a contingency fund and why do you need one
All you should know about contingency fundA contingency fund is meant to cover unforeseen expenses like job loss and medical emergencies, and should be kept in a bank account or a l...
How to invest my retirement corpus to earn monthly income of around Rs 1-1.5 lakhYou can broadly divide your allocation across three baskets-- government schemes, other fixed income products and equity.
Karnataka approves enhancing contingency fund limit to Rs 500 crore due to COVID-19This will be an ordinance making one time enhancement in the limit as the government needs money to make payments immediately, Law and Parl...
In these uncertain and troubled times, here's where you should park your emergency corpusAfter a spate of bad news from financial markets, investors need to be cautious when it comes to protecting their emergency fund. Here are ...
Coronavirus: UP cabinet slashes salary of ministers, legislators by 30 per centThe money will go into the COVID Care Fund set up by Chief Minister Yogi Adityanath for strengthening medical facilities to deal with the s...
Liquid funds vs savings account: Where to park your emergency fund?Not very long ago, liquid schemes were the obvious choice for building a contingency fund. However, the situation has changed now.
Ask ET Mutual Funds: Should I stop SIP in SBI Pharma Fund?If you have any mutual fund queries, message ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
JP Nadda takes stock of medical preparedness for fighting EbolaThe officials briefed Nadda about the medical and non-medical aspects of the disease, financial aspects and how the country planned to meet...