On National Safety Day, here’s what you can do to up your finance game from the safety of your home.
When it comes to your personal finances, the good news is none of your plans need to be sidelined; pandemic or not. There’s a lot you can still do to spread your financial wings. The best part – it can be done from the safety of your home; yes, it’s true! Curious? Read on to find how you can enhance your finances even while you’re mostly staying safe at home.
Monitor Your Credit Score Vigilantly
You may or may not have checked your Experian Credit Score in the past. Either way, now’s a good time to catch up with your credit report and see how you’re faring. Not only is checking your Credit Score free of cost (no matter how many times you do it on BankBazaar.com), it is also super quick. What’s more? You can check it with the least physical effort. Depending on your convenience, you can either check your Credit Score on our desktop website, mobile site or our user-friendly Mobile App. Does it get any easier?
Checking your Credit Score every now and then helps you keep track of your progress. That’s not all; you’ll get your detailed analysis report along with your score and it only takes a few minutes to scan through your report to get useful insights that you can implement to further improve your score. In fact, this scenario is a great opportunity to introspect and polish your credit portfolio by making smart, well-informed moves.
Additional Reading: Low Credit Score? Here’s How It Can Affect You
Don’t Hesitate To Apply For Credit Cards & Loans
Does the worry of having to physically meet bank representatives keep you from applying for a Credit Card or Personal Loan? That’s totally understandable. In fact, some banks have understood this apprehension and worked with BankBazaar.com to offer you 100% contactless, safe, online KYC processes for Credit Card & Personal Loan applications. By 100% contactless, we mean you won’t have to meet any bank individual in person; your KYC will be done via video call.
As it appears, adversity has pushed financial minds to create this seamless, innovative and completely safe process, so leverage it without worry. With online shopping taking center-stage in the current scenario, you can enjoy the best discounts and cashbacks with a Credit Card on your side.
Psst… you may be pre-approved for a lifetime-free Credit Card. Click here to learn more.
Additional Reading: All-New Contactless Process Credit Card From IndusInd Bank
Use This Opportunity To Fortify Your Savings Game
While your love for exploring new pubs, restaurants and watching new movies on the big screen has not been justified in the recent past, we’re sure you’ll admit that there’s been a positive side to this situation. You have been presented with an opportunity to live a very frugal life for the next few months, so it’s surely been a great learning.
2020 has changed the way we spend. It has tilted the scale more towards savings, and that’s a good thing, because you may just end up walking out into the post-pandemic vaccinated world with a fluffy cushion of money.
Additional Reading: Your Ultimate Guide To COVID-19 Personal Loans
Build That Travel Fund That Never Worked Out
What’s life without a little adventure? Travelling is one of the most fulfilling experiences a human being can have. Not only does it help you learn about other cultures and ways of life, it also makes you a well-rounded person by enriching you with experiences that are, at times, even life changing. If you have a lot of unchecked travel goals that didn’t materalise in the past because you couldn’t financial plan for it, now’s your chance to build that travel fund. How? Well, for starters, given the current situation, travel is, though allowed with conditions, still restricted and far from how it was earlier. So now’s the best time to start investing in your travel dreams. Think of it this way; the pandemic has bought you time to build up a good travel fund, so when the time comes, you’ll be ready to go see the world.
You’ll also have more success this time around because your entertainment and local travel expenses are out of the way, thanks to the pandemic. So why not save enough for a fantastic vacation a few years from now?
Here’s another reason to build your travel corpus – just imagine how much your wanderlust will build up before life goes back to the way we knew it to be? You owe yourself a memorable holiday outdoors, at least within the next five years! 😉