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Financial Budget 2023’s: Sector-wise Highlights

International College of Financial Planning

The Union Budget is one of the year’s most anticipated events for both companies and individuals. The financial budget for this year (2023) is important as it sets the tone for the economy in the following year. Health and Education : The budget has allocated INR 3.06 Infrastructure : The budget has earmarked INR 5.54

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Financial Budget 2023’s: Sector-wise Highlights

International College of Financial Planning

The Union Budget is one of the year’s most anticipated events for both companies and individuals. The financial budget describes the government’s income and expenditure goals and acts as a roadmap for the country’s economic progress. Health and Education: The budget has allocated INR 3.06 lakh crore.

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Investing in the Future: Budget 2024’s Impact on Financial Markets

International College of Financial Planning

Following the announcement of the interim Budget, the Indian stock markets traded more or less flat as there were no shocks or surprises for the market– rather the focus was kept on inclusive growth and prosperity with fiscal prudence. in FY2023, in line with upward revision made by the Reserve Bank of India during December 2023.

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Retirement Planning Tips: How Much an Average Person 65 and Older Spends Every Month

WiserAdvisor

Interestingly, the BLS study highlighted a variance in expenses between younger and older retirees. Preparing for retirement is a significant life transition that demands a clear understanding of your financial situation. How much does the average retiree spend per month at the age of 65? household was $121,700.

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Can you use AI to help manage your money?

WiserAdvisor

Insights from a recent survey conducted in early July 2023 shed light on the pivotal role of AI in money management among US adults. Whether budgeting, saving, or investing, AI-driven solutions can offer tailored recommendations. Approximately 1,000 participants shared their perspectives on employing AI to handle their finances.

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31 Passive Income Ideas to Build Real Wealth (Updated for 2023)

Good Financial Cents

“Making money while you sleep” has a nice ring to it, doesn’t it? After all, one of the goals of financial independence is to build wealth that doesn’t eat up your time, so you can enjoy life and do the things you choose to do. The truth is that building a passive income stream usually isn’t passive at first. This is active income.

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How Working with a Financial Advisor Helps You Retire with More Wealth

WiserAdvisor

While these numbers may seem abstract at first glance, they highlight a critical point. Navigating the complex world of personal finance, especially with retirement looming on the horizon, can be daunting. With numerous investment options, fluctuating markets, and evolving financial goals, it is easy to feel overwhelmed.