Archive · 15 Nov 2025
Mint Money This Week: Kids' Money Habits, Smart Beta Funds, and Financial Planning
This week's financial news looks at how kids are learning about money.
Instead of just wanting to buy things, they're learning to save and make their money grow, which helps families become smarter with money.
Some special investment funds, called Smart Beta Funds, haven't been doing as well lately.
There's a new online way to move your mutual fund investments around and even change who owns them, making things easier.
It's also good to put all your investments together in one place, like a big summary report, so you know what you have.
For women, there's advice on how to get back on track financially after a divorce.
We also hear from an Indian couple who moved to Dubai because they don't have to pay income tax there.
Finally, there's a chat about what makes your credit score go up or down, like paying bills on time.
Children's financial literacy classes are shifting kids' mindsets from spenders to savers and investors.
Smart Beta Funds are seeing less interest due to recent underperformance.
A new online service allows seamless transfer of mutual fund units and ownership changes.
Consolidating investments into a single Consolidated Account Statement (CAS) simplifies financial tracking.
Guidance is provided for women on regaining financial control and independence after a divorce.
An NRI couple shares their experience of settling in Dubai due to tax advantages and quality of life.
Key factors influencing credit scores, such as missed payments and multiple inquiries, were discussed.
- Who
- Parents and children engaging in financial literacy discussions; investors in mutual funds; women navigating post-divorce finances; expats in Dubai; individuals concerned about credit scores.
- What
- Articles cover children's evolving money habits, the performance of Smart Beta Funds, new facilities for mutual fund transfers, consolidating investments, financial planning after divorce, an expat's experience in Dubai, and factors influencing credit scores.
- When
- Recent developments, including Children's Day discussions, current market performance of funds, and recently launched facilities.
- Where
- India (financial literacy discussions), Global/Market (Smart Beta Funds), Dubai (expat settlement), and general financial contexts.
- Why
- To promote financial literacy, understand investment performance, simplify financial management, provide guidance for life events, and inform about creditworthiness.
Focus on Earning
Focus on Saving and Growth
Childhood Financial Education
Focus on Earning
Children initially view money primarily as a tool for spending.
Focus on Saving and Growth
Children are being taught to see money as a means for growth, value, and responsibility, shifting from wishful spenders to thoughtful savers.
- Financial Literacy Focus
- Children's Day discussion on financial literacy classes shaping household financial savviness.
- Smart Beta Funds Performance
- Smart Beta Funds have seen reduced traction due to subdued performance.
- Mutual Fund Transfer Facility
- CAMS and KFin Technologies launched an online facility for mutual fund unit transfers and ownership modifications.
- Consolidated Account Statement (CAS)
- CAS provides a snapshot of all investment holdings (mutual funds, bonds, shares) in one document.
- Post-Divorce Financial Planning
- Guidance for women on reclaiming financial independence after divorce.
- Expat Settling in Dubai
- An NRI couple, including Sushmeet Singh, found advantages in Dubai due to no income tax and pursued permanent settlement.
- Credit Score Factors
- Discussion on factors affecting credit scores, including missed payments and multiple inquiries.