You might have seen a lot of lending institutions throwing away lucrative advertisements marketing their zero interest loans. But have you ever wondered how does this mechanism actually work? It is the interest along with various other costs that the bank benefits from, so how can the banks slash off the interest rates? Moreover these… Read More »
Many a times, when we are under time constraints, we get quite irritated when the banking systems or ATMs ask our password twice. It does seem to consume a lot of our precious time but these extra few minutes of authentication is carried out so as to protect you from any kind of fraudulent practices.… Read More »
When you decide to build your portfolio, the first step is to find out what your financial goals and requirements are. The next step is to categorize them into short and long term goals. Requirements like buying a laptop, or going for a vacation abroad etc should also be included. Once you are done with… Read More »
Customers these days are smart and well-disciplined when it comes to financial matters. People are increasingly wary of the need for good and steady financial behavior. They are no longer highly susceptible to the fallouts of credit card houses by way of tricky credit card interest rates or other suspicious clauses of your terms and… Read More »
Short term goals are goals whose tenors are between 1- 3 years. With increased greed and haste, most investors assume that investing in high risk assets will help them accumulate the finances required in order to achieve that goal. But, in reality it does not work that way. Assets like Mutual Funds and various other… Read More »
These days with fraudulent transactions on the rise, there are quite a lot of chances for the information of your debit or credit card to get compromised. In the normal course, banks are familiar with the spending patterns of their customers. Thus, when they notice any abnormal purchasing behavior where many big value purchases have… Read More »
With the fall in the value of rupee against the dollar, many students are facing financial difficulties since it is affecting their financial stability. Those students who have just recently got their loan sanctioned and also for those whose loans are being processed, the banks have come forward to top up their loans in order… Read More »
If you intend to hang your boots and wish to put a pause to your busy life sometime soon, there are certain financial steps you require to undertake in order to ensure a secure financial life post your retirement. If you are an employee you will be entitled for a pension and if you are… Read More »
While small-funds may attract a large portion of the attention of investors, they aren’t the most profitable option in the market. Investors in small funds have to bear the brunt of dismal performances in the market, which is almost always caused by indifference on the part of fund managers. Also, it is not uncommon for… Read More »
If you are new to the avenues of investment and savings, it is best advised to approach a fund manager who can give you expertise knowledge about the market and guide you towards investing your funds into suitable investments which give promising returns. Fund managers are responsible to ensure that your investments have been made… Read More »