What is Debt Management? Definition, Strategies, Plans with Examples

Leave a Comment / Asset Management, Finance, Financial Management, Financial Terms, Saving and Budgeting, Trading Terms, Wealth Management /
Wikipedia of Finance - e-learning course on Financial Planning Wikipedia Chapter - What is Debt Management Definition, Strategies, Plans with Examples

Debt Management Definition: A debt management is a contractual agreement between two parties (debtor and creditor) to safeguard their own interest. In simple words, terms and conditions defined by lender to the debtor to repay outstanding debts with pre-defined interest rate and duration of repayment. Probably, this is the most important lesson one has to […]

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What is Direct Plan in Mutual Fund? Regular Fund vs. Direct Fund

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What is Direct Plan in Mutual Fund-Meaning-What is Direct Mutual Fund Definition-Examples-WikiFinancepedia

Purchasing a direct plan in mutual fund requires knowledge and interaction with asset under managment (AMC) company. A Regular plan must be purchased from a financial counsellor, broker, or distributor (intermediary). Typically, the mutual fund company pays a commission to the middleman. Continue reading to learn more about the differences between regular and direct mutual

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Types of Insurance offered by Insurance Companies

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Wikipedia of Finance - e-learning course on Financial Planning Wikipedia Chapter - Types of Insurance Offered by Insurance Companies

When it comes to personal finance, the topic just cannot be complete without discussion on insurance. We all know that no buddy knows the future. No one can just tell if someone will be living tomorrow (next day) or not. This is such a high uncertainty. In India, there is either one person earning bread

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Wealth Management and Private Wealth Management – Definition, Types, Examples

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Wikipedia of Finance - Wealth Management and Private Wealth Management Definition, Types, Examples

Investment management, tax planning, estate planning, retirement planning, and risk management are all included in the intricate process of wealth managing. In order to deliver individualized solutions based on each client’s unique goals, risk tolerance, and time horizons, it integrates several financial disciplines. Through proactive management and intelligent asset allocation, wealth managers seek to enhance

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