Most salaried people don’t have a clear idea where their money disappears every month. That’s exactly where this 50 30 20 rule spreadsheet helps. No complicated apps. No confusing finance jargon. Just one simple sheet that splits your salary into three buckets — Needs, Wants, and Savings — and automatically shows where your money is … Read more

You’ve heard about SIP a hundred times. You know it’s one of the easiest ways to build wealth. But the moment someone asks, “How much will ₹5,000 per month actually become in 10 years?” — most people have no clear answer. That’s exactly where the hdfc dream sip calculator comes in. It removes the guesswork … Read more

Your salary just got credited, and within a few days, most of it is already gone. No big shopping, no luxury spending—just regular expenses, and somehow your balance still drops faster than expected. If this feels familiar, you’re not alone. I’ve seen this pattern again and again, especially with people earning between ₹10,000 to ₹30,000 … Read more

The moment your salary hits your account is the most important financial moment of your entire month — but most people don’t treat it that way. They check their balance, feel a quick sense of relief, and then let the next 24–48 hours quietly wipe out any chance of saving. If you’ve been trying to … Read more

Most people struggle with how to save money from salary every month not because their income is low but because they do not follow a fixed system. Salary comes in and gets spent on rent, bills, food, and small daily expenses, leaving nothing by the end of the month. The simplest way to fix this … Read more

If you have just started using Tally Prime and are wondering insurance premium under which head in Tally, the correct accounting treatment is simple. Insurance premium is recorded under the Indirect Expenses group in Tally.You need to create a ledger called “Insurance Premium” and place it under Indirect Expenses. Insurance premium is treated as an … Read more

If you are wondering life insurance under which head in Tally, you are not alone. Many beginners and small business accountants get confused while choosing the correct ledger group for insurance payments. In most business situations, life insurance premiums are recorded under Indirect Expenses in Tally, whether you are using Tally ERP 9 or Tally … Read more

Understanding which ledger belongs to which group in Tally is one of the first challenges most beginners face. The ledger name may look obvious — such as Salary, Rent, Cash, or GST — but selecting the correct group in Tally Prime often creates confusion. Students learning accounting and even new office accountants frequently stop at … Read more

Drawings Comes Under Which Head in Tally Prime? (With Journal Entry & Example) When recording an owner’s personal withdrawal in Tally Prime, many users stop at one simple question: drawings comes under which head in Tally? This confusion is very common, especially for beginners who are creating the ledger for the first time. The correct … Read more

Commission Under Which Group in Tally Prime – Ledger Creation, Journal Entries & Examples Many beginners get confused while creating a commission ledger in Tally Prime. The common question is commission under which group in Tally. The answer is simple, but it becomes clear only when you understand the basic accounting logic behind commission transactions. … Read more