Oaktree Financial Planning

  Life insurance is a topic that, for a variety of reasons, does not receive enough discussion. As a result, we shall attempt to dispel several myths about life insurance throughout the course of time. Life insurance can be tricky to figure out with all its technicalities and rules. Misconceptions surrounding life insurance products discourage people from considering them as one of the most crucial instruments of financial planning. However, life insurance is one of the most essential financial contingency plans that protects your loved ones and secures their future even when you are not around. It helps as a source of savings and an add-on during shortages of funds. It may also serve as a source of income after retirement or in the event that illnesses or accidents impair your ability to work. However, there are so many common myths surrounding life insurance that people believe them without knowing the facts. So, let us break those myths and get a comprehensive understanding of...

  Women may find it an impossibly difficult task to take charge of finances after the death of their spouse, especially if they are unfamiliar with the complexities of money management. As per a statement given by 35-year-old Sumita Chakraborty to the Hindustan Times, "I lost my husband during the second wave of the pandemic in India. He was just 40. In just a matter of a few days, the lives of me and my children were thrown out of gear completely. Things have been incredibly hard; the emotional upheaval and the grief have colored all aspects of our lives, and healing is going to be a long journey. Matters have been complicated on the financial front too since his demise.". Life seems too difficult, even for Sumita Chakraborty, who is a software engineer based in Delhi. Even though she is a well-educated woman with a sound professional background, managing finances while taking care of the household and children was a difficult task for her. It's really difficult and st...