Month: October 2017

Solutions For Personal Financial Planning In India

Financial blogger

Therefore the personal financial planning industry in India has come up with various firms who offer the services of private wealth management for their clients.

In todays changing market scenario, it is very essential to keep oneself updated and prepared to meet any kind of circumstances. But its not possible for individuals to keep abreast of all latest instruments, offers and plans available in the market. This is where a professional financial planner comes in!

These financial planners or wealth managers, as they are popularly known, have made asset tracking solution, India easier and smooth. They offer valuable services in the fields of;
*Financial Planning
*Wealth Protection
*Private Wealth Management
*Estate Planning
*Family Office

Individuals as well as organizations seek the help of such wealth management firms since they offer the best and timely advice possible to secure the future of the individual clients as well as their family and office. Most of these family office service providers are comprised of experienced individuals in the advisory board who have been respected members of private equity firms in India.

The working of a private equity firm is similar to a wealth management firm and is based on complete trust, responsibility and honesty. Many start-up ventures in India who have shortage of funds, seek the help of private equity firms for the expansion of their business. Since various members of wealth management firms have been associated with private equity firms in India, or have been private banker themselves they offer accurate solutions to;

*Personal tax planning,
*Insurance and investment options
*Retirement planning and
*Estate planning etc.
*Technical advice regarding the recent changes and developments in the financial planning field

Most members carry credentials of a Certified Financial Planner certification, though it is not mandatory. They strive to accumulate, protect and increase private wealth of clients through a methodical and well planned approach. The whole system of personal financial planning industry in India is based on trust, without which it is hard to succeed for the private management firms as well as for individuals seeking help.

Loans Against Car Title-Suitable financial alternative for car owners

Financial blogger

Do you find yourself in any unforeseen financial situation? Do you need to make any unexpected payment that can destabilize your monthly budget? Or, simply do you need urgent financial help? Do you own a car?

If you answers to these questions are yes, then you are just one step away from meeting your needs.

Title Auto Loans can now help you raise cash against the title of your car. These loans are called loans against car title. Yes, your car can help you raise money which you can use to meet your urgent financial needs and once you have money you repay the loan.

Loans against car title arranged by Title Auto Loans are the type of loans that you borrow after pledging the title of your vehicle. In other words, the title of your vehicle works as security against the loan borrowed. Loans against car title are short term loans which are to be repaid within four weeks. However, most of the borrowers choose to repay it on their payday.

Title Auto Loans can help you borrow loans against car title if you meet the basic requirements laid down by lenders. However, these are simple requirements. The first is that your age should be 18 years or above. The title of the car should be in your name. There should not be any financial or insurance dues against your vehicle.

However, the best advantage with Title Auto Loans is that it arranges loans against car title even if you have bad credit profile. Therefore, you poor credit score will not affect your chance of meeting your urgent financial needs. This is also true even if you have poor credit profile due to defaults, arrears, CCJs etc. It is because, we at Title Auto Loans, believe that anybody can face urgent financial conditions and he should be provided with all assistance to meet his or her needs. Nothing should stop him from meeting his needs and therefore Title Auto Loans arranges loans against your car title even if you have bad credit profile.

To grab the financial assistance to meet your unforeseen fiscal troubles, here are loans against car title for you. It is the effective source of finance that let you avail the desired money against the title of your car. No need to place any physical asset as it just demands your car papers as a sense of security.

Should I Consult Financial Services for Purchasing or Refinancing a Home

Financial blogger

A mortgage loan is a loan secured by a real property through the use of a mortgage note. Mortgage notes are proven through the granting of mortgages, which secure the loan. Normally, the word mortgage alone refers to a mortgage loan. A homeowner or builder can obtain financing to either buy or secure a property from a financial institution, such as a bank or credit union. Through mediators, this process can happen indirectly or directly. Characteristics of the loan such as method of paying off the loan, interest rate, maturity and size all can differ greatly. Home purchases can also be funded by a mortgage loan. Not very many individuals have the means to purchase a property out of pocket, and the mortgage loans allow them to buy the home that they want.

Recently, mortgage rates have been at market-leading lows in some cases. As an example, Florida mortgage rates are four basis points below the national average of 3.22%. For the most part, banks are showing low mortgage rates today. Because of these low mortgage rates, now is a great time to think about purchasing or refinancing a home.

The average rate on a 30-year loan is now 3.31%, which is the lowest the rate has been since 1971. On average, 15-year loans are at 2.63 percent, while the previous year a 15-year loan was at about 3.30 percent. New construction and home sales are rising because of these low mortgage rates. Lower mortgage rates have encouraged more people to refinance, which usually leads to lower monthly payments and more consumer spending. The general fee for 15- and 30-year loans is 0.7 points.

In recent times, the average rate for a five-year adjustable rate mortgage has been 2.74 percent with a 0.6 point fee, and the average rate for a one-year adjustable rate mortgage has been 2.56 percent with a 0.5 point fee. You must have a record of good credit and credentials in order to receive the lowest mortgage rates possible. Documents should be submitted for income and assets and employment, which will then be verified by the lender. Some lenders may request additional facts after the examination of the loan file.

In regards to finding a mortgage loan, it is best to consider consulting a professional to help you figure out your best options .

Filling up the FAFSA form included in Financial Aid Package

Financial blogger

After learning about the FAFSA financial aid program and realizing just how helpful it can be for your future, you need to go for it. At least there must be a way to take you to the actual process. You do this by filling up a FAFSA (Free Application for Federal Student Aid) form that requires you to fill in all important and detailed information supposed to determine your eligibility for financial aid.

This, therefore, is something to be taken seriously and needs accuracy and ample time. As a prospective student you need to have access to FAFSA every year to help fund your education. FAFSA information is available online and the forms are available in FAFSA website. In the website there are easy to understand links and guidelines to help fill in the FAFSA form completely and submit it.

Also be aware that there are other financial means that you may feel comfortable for you. It is a students choice but all the information you need about alternative financial aid is available online.

It is advisable to have a guardian, parent or any experienced person to advise you especially to stress on the reason for your dire need for financial aid. This will help you give crucial information that will determine the results. If you like it, and please note it is important, download a printable form, or get a FAFSA form from your high school, call and ask for the form on 1-800-4-FED-AID, or even get one from your local library. Fill in the details whether you choose to use the hard copy or online one as draft first to avoid errors while filling in the final copy. Most important, have all the important and required documents at hand.

The FAFSA form is readily available online, its by no means you will have difficulties in obtaining it. Filling FAFSA online form will allow you to reenter information if there are any errors, save already filled information since some pages contains the save button, and be most sure only correct information is filled before submitting. Again you will receive student aid report on time and faster. So fill the FAFSA electronically for it is a free, safe, reliable and a quick way to get financial aid.

Innovative Financial Advisors Pvt. Ltd. Electronic Gadgets – Boon Or Bane

Financial blogger

Nowadays, electronic gadgets have become a necessity in our lives since they have made communication faster and easier, reduced the manual labour and improved the overall quality and experience. Due to high market demand, the electronic industries have emerged as the fastest growing segment of Indian industries in terms of production, internal consumption, and export.

Also, schools have started introducing the use of tablets for taking down notes, writing tests and completing projects. Innovative Financial Advisors Pvt. Ltd. understands that adopting e-learning in schools is an eco-friendly initiative as it saves large number of trees from being deforested for paper, but at the same time it has significantly reduced the reading and writing habits among children.

Moreover, we have also neglected the adverse impacts of rapidly increasing quantities of electronic waste on environment. Most of the electronic waste generated in our country is being sold to the informal scrap dealers where it is dismantled and recycled in a very unhealthy manner which is not only harmful to the environment but also to the person involved in recycling. The main reason behind this being lack of awareness about the issue. In addition, disposal of ever-increasing volumes of e-waste is also a major issue since e-waste cannot be dumped in open landfills because of its serious impacts on the environment. Also, large volumes of e-waste is being imported in our country informally which further adds to the problem.

With the coming up of E-waste (Management and Handling) Rules in 2012, many producer companies like Nokia have adopted the principle of Extended Producer Responsibility by collecting discarded mobile phones through take back schemes and channelizing it to the recycler registered with the Central / State Pollution Control Board. The registered recyclers dismantle the phones and separate the metal and plastic parts in it which are crushed separately using latest recycling technologies. The crushed parts are then used to make new products. Most of the materials in a phone are recovered and reused. This practice is completely environment friendly.

In view of above, efficient management of electronic waste is one of the major issues which need to be addressed urgently. For this, the initial step should be creating awareness among the people about the harmful impacts of unsustainable / informal recycling of electronic waste on environment.

Innovative Financial Advisors Pvt. Ltd., being fully dedicated towards the protection of environment shall contribute towards resolving the issue by effectively disposing its e-waste through proper channel.