Sentences with phrase «personal finance purpose»

Is it possible through mutual fund investment to redeem Rs 25000 in lumpsum for use of another personal finance purpose?

Not exact matches

In a nutshell, while most whole life insurance is fixated on maximizing the death benefit of a policy and just allowing cash values to grow over time, strategic self banking focuses on maximizing life insurance cash values, so the whole life insurance plan can be used strategically as a savings and personal financing vehicle for the purpose of recapturing your cost of capital incurred when having to deal with third party lenders or using your own cash.

While car loans and mortgages are used to finance specific purchases, personal loans can be used for a variety of purposes, including debt consolidation, building credit, or funding everyday expenses.

While Discover loans can be used for other purposes, such as paying for a vacation or financing a big purchase, the company provides free tools to manage debt and estimate monthly payments on its personal loans website.

There are lots of matters here which are more legal questions than personal finance questions: e.g. if the OP is a US tax resident, then the family presumably will not be able to claim Hindu Undivided Family status since the OP has been divided from the family for tax purposes (or so I think).

These accounts have basically two purposes, they provide finance through pre-agreed personal Loans and they also help improve credit score.

Their approach as a personal finance software is to give your money a purpose, avoid debt, simplify budgeting, and then plan for tomorrow.

However, in managing your personal finances, they serve different purposes.

The basic idea behind this infinite banking concept ® is that a policy holder can design a whole life policy to accrue cash value more quickly for the purpose of setting up a unique vehicle for personal family financing.

So basically, for our purposes of personal finance a budget is the plan you give yourself on how you're going to allocate your money.

Another personal finance issue similar to the misuse of credit cards is how consumers misunderstand the purpose of life insurance.

We only write about the investment and personal finance tips for information and educational purpose here.

At the time, I was contemplating «my life's purpose» as part of a personal finance plan, and when I inputted «sustainability» as the personal and professional goal, everything else fell into place.

While we do our best to keep these update, the personal finance blog posts published here are for informational and educational purpose only.

The basic idea behind this infinite banking concept ® is that a policy holder can design a whole life policy to accrue cash value more quickly for the purpose of setting up a unique vehicle for personal family financing.

Loans for these types of residential properties can be financed by a hard money lender under certain circumstances; however, regulatory agencies specify that hard money and private capital lenders can not underwrite or finance loans against a residential property if the majority of the funds will be used for «personal, family, or household purposes» rather than business purposes.

In particular, any interpretation in the Website of legislation and regulations including, without limitation: REBBA 2002; Personal Information Protection and Electronic Documents Act; Competition Act; Proceeds of Crime (Money Laundering) and Terrorist Financing Act is for informational purposes only.