Eight habits of financially successful people you should imbibe

Eight habits of financially successful people you should imbibe Even as we dispelled ways to tackle each situation with advice and information, we came upon a simple truth: the mind our financial decisions. Why fear and greed are bad for investors Fear and greed are extremely powerful emotions that drive the markets. Anyone who has been an investor over the past 10 years has been there. ET Poll: How do you scale in your money habits? More than 50% of the respondents who usually miss credit card payments, EMIs and other bills are those who have not made a budget. Should you opt for home loan protection or a simple term insurance policy? Which is better? A home loan protection plan or a simple term insurance policy? Five basic rights for bank customers laid down by RBI The Charter of Customers' Rights released by RBI lays down 5 basic rights for a bank customer. You can file a complaint if these rights are violated. Quote of the week "I wish the RBI was running the American central bank. The people there at least understand the problem." Jim Rogers,Commodity Guru Family Finances High income and savings to take care of Talegaonkars' goals Despite a large number of goals, the Talegaonkars can easily achieve their financial targets with a systematic approach to investing. They also need to boost their insurance to cover risks. Financial Planning Why a concentrated investment portfolio may be better than a diversified one The more a portfolio holds, the more diversified it gets and, therefore, it gets closer to average performance. When it comes to investing, there is nothing right or wrong. Money-making venture Learning Outcomes analyses students' performance data and help them learn better Rishi Kar was helping out with his cousins' studies when the idea of building a tech product to monitor and assist children's learning occured to him. Entrepreneurs Avinash Shenoi's InstaClique merges ease of online shopping with real buying experience Shoppers get recommendations in real time and promotions based on their purchase intent, past history and social interactions. Financial Calculators Plan your car Car cart! Use this calculator to find out if it is worthwhile to shift your home loan to another bank? Just enter the data and click next. It's that easy. Home Loan Refinance Should you refinance your home loan? Find out how much you will have on retirement with different combinations of savings, percentage returns, time to go and tax rate. More Calculators Five smart things to know about 'Exit load' Exit load is a fee one has to pay if one redeems the investment in a mutual fund scheme before a specified period from the date of investment. Technology aids that make your travel easier Here are a few lesser known devices and accessories that can go a long way in improving your overall travel experience. Reforms will drive the Indian market in 2015: Sudip Bandyopadhyay, Destimoney Securities. India will continue to be an attractive destination for global money in 2015, says Sudip Bandyopadhyay MD & CEO, Destimoney Securities. All you need to know about shifting NPS from government to individual account Permanent retirement account number or the account is portable and can be moved even if a government servant moves to the private sector. Seven smart ways to reduce your loan burden without stressing your wallet If you also find it difficult to repay your loans, you may need to tweak your approach. Here are some strategies that can help you manage your debt situation better. Daily Newsletter Special stories that round up the major developments of the day Markets Watch Round up of stock, currency, bond, money and real estate market IPO Watch Gives you the latest IPO/FPO related news Live-Market News Portfolio Mobile Live TV Newsletter Commodities Speed Blogs Alerts Follow Us on ET: About us|Advertise with us|Terms of Use|Privacy Policy|Feedback|Sitemap|Code of Ethics © 2014 Times Internet Limited. To ensure delivery directly to your inbox, please add etnotifications@indiatimes.com to your address book today. If you are having trouble viewing this newsletter, please click here To unsubscribe or edit your subscriptions please click here