Are you over-spending on shopping? Here are tips on how to avoid it

THE ECONOMIC TIMES Tue, Oct 11, 2016 | 05:31 AM IST ET Wealth Newsletter

WHAT'S HOT #the how to of investing,#the how to of taxation,#how to file income tax return,#acche din for home buyers

Are you over-spending on shopping? Here are tips on how to avoid it An over-shopping epidemic is raging across India. Find out if you are also overspending and how to avoid it. Learn to spend wisely: Distinguish between wants and needs Admittedly, investing before spending may not come automatically to a generation brought up on consumerism. But it is a discipline we ought to develop. Shopping addiction: Why you tend to over-spend Have you ever thought why you tend to over-spend on shopping? We looked what goes on inside the head of a shopaholic when he's in a mall. From our Partners How is a sports fan similar to an investor? Sports and investments tend to have several similarities - the values, the strategies etc. But did you know that investors and sports fans too, have a lot in common? From our Partners Is SIP only meant for small investments? Systematic Investment Plan or SIP as it is commonly known, is the one of the most proficient and powerful tools to build wealth through mutual funds. Are you a shopaholic? Take this quiz to find out Take this test to find out if you are one of them and how you can get over the addiction to splurge. Spending behaviour: Why women enjoy shopping but most men don't The answer may lie in the way human beings have hunted and foraged for food for thousands of years, say anthropologists. RBI Credit Policy: What rate cut means for you RBI cut benchmark rates by 25 bps on 4 October, bringing down the repo rate from 6.5% to 6.25%. What does this mean for you the investor or borrower? Here's how to decide whether to buy or not to buy If you're caught in a dilemma each time you make an expensive purchase, find out whether to buy or not by going down this decision tree. From our Partners 4 lies you're being told about ULIPs ULIP is an unique investment vehicle that allows you to get dual benefits of capital appreciation and insurance. From our Partners Tackling Market Volatility - A Lesson from Archery He felt the wind lightly caress his left cheek and sighed. This would mean making a few adjustments, he thought, as he squinted again at the target in front.

Financial Calculators Tax Impact Calculator This tax calculator will let you know how your tax liability changes post-Budget 2016. Just input your personal income details and know how much tax would now be payable. Home Loan Refinance Should you refinance your home loan? 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. More Calculators

ETWealth-PlanCover.com ratings: Best health plans for older couples ET Wealth-PlanCover.com rankings help identify the top contenders for young couples in the 41-60 year age group with children. Investing in small-cap or mid-cap funds? Check their liquidity Data from Crisil suggests that some mid- and small-cap funds have seen their liquidity profile deteriorate over the past year. Why arbitrage funds are no longer a great investment Due to rising assets under management, the returns from arbitrage funds are likely to fall further. Should you invest in Sovereign gold bonds or gold ETFs? Even though the gold bonds are backed by the Government of India, the returns are linked to price movements in gold and are therefore not guaranteed. Why you should avoid very long term debt funds now Playing the duration game might not be the right strategy at this juncture as the long end of the curve may react with less enthusiasm. How to say 'No' and when to say 'Yes' in office Saying no at the workplace is a tough call. Sometimes you have to say no, but it need not be to your detriment, says Devashish Chakravarty. How much did Flipkart, Amazon and Snapdeal sell this festive season? Spread over five days, the online festive sales by the three e-retailers—Flipkart, Amazon andSnapdeal—claim to have registered a manifold growth in sales compared with last year. Why you should sell stocks of firms supplying equipment to thermal power plants It's time to sell capital goods companies supplying equipment to thermal power producers as they have been under pressure due to sectoral issues. 30% companies hire employees based on gut feel: Study A study reveals that not many organizations measure the impact of assessment tools used to filter candidates for recruitment through data. Expected spike in profit, rise in rural demand make M&M stock analysts' top pick With a 565 basis point increase in EBITDA margin on a quarter-on-quarter basis, Mahindra and Mahindra's farm equipment division did extremely well in the first quarter of 2016-17. Why diversity is good for investments Just as we need variety in our diet to ensure good health, in our investments too we need diversity to mitigate risks and even out the ups and downs over time, says Uma Shashikant. ​Small investors need more help in decision making: Abhishake Mathur, ICICI Securities "Long-term investors would continue to invest, even in a weak environment," Abhishake Mathur Head-Investment Advisory, ICICI Securities Family Finances: Streamlining investments can help Pune-based Yadav reach goals on time "I want to know how to plan my future investments so that I can reach all my financial goals," Dayanand Yadav, with his wife, Ashwini, and son, Vedant ICICI Prudential Multicap Fund: A sound flexi-cap offering ET Wealth collaborates with Value Research to analyse top MFs. We examine the key fundamentals, its portfolio and performance to help you make an informed investment decision. How to get unclaimed insurance amounts If no claim is made on the death of the policyholder, the funds remain with the insurance company. Here's how to claim it. 5 smart things to know about functions of a fund manager Fund managers conduct in-depth analysis of the market environment, make the asset allocation decisions and ensure that funds operate as per regulations. Car rental startup Revv helps you drive it like you own it Co-founded by Anupam Agarwaland Karan Jain, former McKinsey & Co. consultants, Revv focuses on providing an experience that's as good as driving one's own car. Alternative investment returns monitor: For week ending October 5, 2016 The scope and attractiveness of alternative investments is increasing. Here's a weekly tracker of returns from such investments.

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