Inflation- What it is? How it decreases purchasing power of money? (Telugu)
These days you may have heard about inflation in Media. In this article, I will explain how it decreases the purchasing power of money. What is Inflation? For example, you have vacant land in your city. There is a large number of people are willing to buy your land. Then the price of the land will increase significantly. The increase in the price of goods and services is called Inflation. Example your real estate price increase because of this only. What is Deflation? If is just reverse to Inflation. If there are no one or very few buyers are willing …
Life Insurance Planning- How much insurance you required under need-based method?
Life Insurance Planning is very important in Insurance Planning. There two methods that you can plan to take Life Insurance Policy. 1. Human Life Value or Income Replacement Method. 2. Need-based method. The life insurance coverage required you can calculate with any one of the methods. In the first place, you should know that life insurance and insurance should not be mixed(read this), and also term insurance is the only policy which is good to take in life insurance to protect dependants from financial loss. Soon I will write an article about the term life Insurance and its benefits. In addition, …
