Tag: surplus

Family finance: Early planning, high surplus to help Gawades meet goals easily

Loknath Das

He should invest the surplus for two months before starting investment for other goals. Nitin Gawade is a software engineer, who lives with his homemaker wife, Deepali, in his own house, in Pune. Gawade brings in a monthly salary of Rs 99,000, and manages a surplus of Rs 44,690 after household expenses, home loan EMI (for a Rs 13 lakh loan), insurance premium and investments. Though his portfolio is a meagre Rs 22.2 lakh at present, an early start to financial planningmeans he will be able to meet his primary goals with ease.…

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Tuition fees give England universities surplus worth £1.8bn

subhadip

First full cohort paying £9,000 fee bolsters balances while Open University has £7m deficit due to fewer part-time students The University of Oxford had a larger surplus than Scotland’s entire university sector. Photograph: Alamy Universities in England accrued record operating surpluses worth nearly £1.8bn last year, as their bank balances were filled by the first full cohort of students paying the £9,000 tuition fee. The rise in university income in England outstripped those of their counterparts in other parts of the UK, with the University of Oxford boasting a larger…

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