The Latest Breaking News on Personal Finance

‘Buy the haystack’: how tracker funds beat searching for shares

Designed to mirror the stock market, they are an easy way to save. Here’s how to start investing in them

The Guardian - UK · Jun 29

7 steps parents can take to teach money management to their children

Be available for counsel and advice, but wait for the children to ask for it. Offering unsolicited advice, which comes from a position of love and concern, and telling the children that parents know better, comes in the way of their learning process. Set the boundaries, make the rules, agree…

The Economic Times · Jun 29

Super platforms warned, again, to protect client funds

A regulator is on the warpath after a review of superannuation platform trustees came up short for the second time, potentially leaving clients exposed.

AAP · Jun 28

An Expert Guide to Calculating How Much Money You Really Need in Retirement

Rather than fixating on a savings goal, pre-retirees should focus on building an income strategy that accounts for actual expenses and can adapt to changes.

Kiplinger · Jun 27

Didn’t report FD interest in your ITR? Here’s how you can still correct the mistake

Missed reporting your Fixed Deposit interest in your Income Tax Return? Don't worry, you can still fix it. The Income Tax Department receives FD interest details, so omissions can be flagged. Filing an Updated Return (ITR-U) within four years allows you to declare missed income and rectify errors, though additional…

The Economic Times · Jun 27

Husband has to pay income tax on wife’s earnings from FD, gold, shares under clubbing of income in these cases

ITR filing: Transferring investments to your spouse to save taxes is a common misconception. The Income Tax Department scrutinises fund sources and can club income back to the original provider. This applies to FDs, shares, and gold, where income or capital gains from gifted assets are often taxed in the…

The Economic Times · Jun 27

Guru's daily horoscope for June 27

The day of the week you were born on can reveal a lot... Read on.

Bangkok Post · Jun 27

Wealth Is More Than a Number: Why Financial Confidence Matters

According to Hines, many individuals postpone financial planning until a major life event forces them to confront it. By that stage, uncertainty may have already taken hold.

International Business Times · Jun 26

Back British Stocks or Lose Tax Breaks? Andy Burnham's Adviser Wants Pension Money To Stay in Britain

The potential impact of Andy Haldane's pension tax proposals. Learn how higher taxes on overseas investments could affect your retirement and why UK equities may be a better focus.

International Business Times UK · Jun 26

5 Assets You Should Sell First in Retirement (If You Need the Cash)

Don't raid your nest egg for unexpected bills. From brokerage accounts to underutilized lifestyle vehicles, here is how to unlock cash without jeopardizing your future.

Kiplinger · Jun 26