Author: Dr. Sneha Kulkarni

Learn how to create a simple personal budget for everyday spending with this step-by-step guide. Master your finances and build lasting financial habits today.

Master how to manage monthly expenses and build better financial habits with proven strategies, practical budgeting frameworks, and expert guidance.

SK Written by Dr. Sneha Kulkarni Fact-Checked Certified Financial Planner (CFP) • Reviewed by Editorial Desk • 2026 RBI Standards Dr. Sneha Kulkarni holds a Ph.D. in Financial Economics and is a Certified Financial Planner (CFP) with over 11 years advising retail investors on sovereign savings, tax optimization under Section 80C, and retirement strategies. Her research covers Public Provident Fund (PPF), National Pension System (NPS), Sukanya Samriddhi Yojana (SSY), and Senior Citizen Savings Schemes. How to Calculate RD An RD is an investment tool provided by banks and other financial institutions that comprise fixed monthly installments for a specific period.…

SK Written by Dr. Sneha Kulkarni Fact-Checked Certified Financial Planner (CFP) • Reviewed by Editorial Desk • 2026 RBI Standards Dr. Sneha Kulkarni holds a Ph.D. in Financial Economics and is a Certified Financial Planner (CFP) with over 11 years advising retail investors on sovereign savings, tax optimization under Section 80C, and retirement strategies. Her research covers Public Provident Fund (PPF), National Pension System (NPS), Sukanya Samriddhi Yojana (SSY), and Senior Citizen Savings Schemes. PPF (Public Provident Fund) is one of the most secure means of investment schemes in India, inclusive of tax exemption on the invested amount and the…

SK Written by Dr. Sneha Kulkarni Fact-Checked Certified Financial Planner (CFP) • Reviewed by Editorial Desk • 2026 RBI Standards Dr. Sneha Kulkarni holds a Ph.D. in Financial Economics and is a Certified Financial Planner (CFP) with over 11 years advising retail investors on sovereign savings, tax optimization under Section 80C, and retirement strategies. Her research covers Public Provident Fund (PPF), National Pension System (NPS), Sukanya Samriddhi Yojana (SSY), and Senior Citizen Savings Schemes. How to Calculate FD Fixed deposit (term deposit) is an investment type where a person deposits a lump sum of money with a bank for a…

SK Written by Dr. Sneha Kulkarni Fact-Checked Certified Financial Planner (CFP) • Reviewed by Editorial Desk • 2026 RBI Standards Dr. Sneha Kulkarni holds a Ph.D. in Financial Economics and is a Certified Financial Planner (CFP) with over 11 years advising retail investors on sovereign savings, tax optimization under Section 80C, and retirement strategies. Her research covers Public Provident Fund (PPF), National Pension System (NPS), Sukanya Samriddhi Yojana (SSY), and Senior Citizen Savings Schemes. How to Calculate Mutual Fund Returns Mutual Fund Returns are the profit or loss created by a mutual fund over time. This represents the performance of…

SK Written by Dr. Sneha Kulkarni Fact-Checked Certified Financial Planner (CFP) • Reviewed by Editorial Desk • 2026 RBI Standards Dr. Sneha Kulkarni holds a Ph.D. in Financial Economics and is a Certified Financial Planner (CFP) with over 11 years advising retail investors on sovereign savings, tax optimization under Section 80C, and retirement strategies. Her research covers Public Provident Fund (PPF), National Pension System (NPS), Sukanya Samriddhi Yojana (SSY), and Senior Citizen Savings Schemes. How to Calculate Lumpsum Returns A lump sum investment is investing a large quantity of money all at once rather than breaking it down into smaller,…

SK Written by Dr. Sneha Kulkarni Fact-Checked Certified Financial Planner (CFP) • Reviewed by Editorial Desk • 2026 RBI Standards Dr. Sneha Kulkarni holds a Ph.D. in Financial Economics and is a Certified Financial Planner (CFP) with over 11 years advising retail investors on sovereign savings, tax optimization under Section 80C, and retirement strategies. Her research covers Public Provident Fund (PPF), National Pension System (NPS), Sukanya Samriddhi Yojana (SSY), and Senior Citizen Savings Schemes. SIP stands for Systematic Investment Plan, under which people invest a fixed amount of money periodically in mutual funds. It is a prudent method of investing…

SK Written by Dr. Sneha Kulkarni Fact-Checked Certified Financial Planner (CFP) • Reviewed by Editorial Desk • 2026 RBI Standards Dr. Sneha Kulkarni holds a Ph.D. in Financial Economics and is a Certified Financial Planner (CFP) with over 11 years advising retail investors on sovereign savings, tax optimization under Section 80C, and retirement strategies. Her research covers Public Provident Fund (PPF), National Pension System (NPS), Sukanya Samriddhi Yojana (SSY), and Senior Citizen Savings Schemes. Do you know 63% of Indians lack a comprehensive financial plan? This can make reaching financial goals such as a child’s education or retirement appear difficult.…

SK Written by Dr. Sneha Kulkarni Fact-Checked Certified Financial Planner (CFP) • Reviewed by Editorial Desk • 2026 RBI Standards Dr. Sneha Kulkarni holds a Ph.D. in Financial Economics and is a Certified Financial Planner (CFP) with over 11 years advising retail investors on sovereign savings, tax optimization under Section 80C, and retirement strategies. Her research covers Public Provident Fund (PPF), National Pension System (NPS), Sukanya Samriddhi Yojana (SSY), and Senior Citizen Savings Schemes. Mutual fund investments that are made through SIPs are now a common trend among Indian investors. It follows a strict investment style, which involves investing an…