It is festival time and that time of the year when employers give out bonuses to their employees, popularly termed as festival bonus. While the name of the bonus indicates that it is given out during festival season and therefore can be used to fund expensive purchases, one must remember that spending on luxuries unnecessarily… Read More »
A credit card is preferred not only because of the ease and convenience associated with it, but also because one can earn reward points on its use. These reward points can be redeemed to get attractive products for free or at a lower price. Till a few years back, encashing credit card points was only… Read More »
Online shopping has become extremely popular in recent times. More and more people are resorting to this mode of shopping owing to the convenience and speed it offers. Retailers have understood this trend and many offline stores have also started online portals, offering their products through the web. In this scenario, it is not surprising… Read More »
Making mistakes with our money is something we all are wary of but can never really be sure of avoiding. Even those of our friends who seem to have the smarts for handling their money, sometimes falter at problems that credit and financial planning bring along. Never was money as simple as saving in a… Read More »
Rachita wanted to introduce her father to the marvels of a Smartphone by buying him one. The most affordable price she could get one cost Rs. 7,500. She decided to purchase the phone by redeeming the credit card points she had redeemed over the last two years. Rachita was not a compulsive shopper but preferred… Read More »
Priority Banking or Privilege Banking is a relatively new term in the Indian banking context. Many banks in India, especially the private banks have followed international banks in providing specialised services to a certain set of customers known as priority customers. These customers are determined usually by the average balance they maintain with the bank… Read More »
Each time you spend your money on something, you should know when to control. It is the same with shopping. Most people are falling in the debt trap because they cannot resist themselves and cannot control their shopping expenses. People who are impulsive buyers tend to live in major denial about it. If you constantly… Read More »
Banks are the safe haven for parking one’s money and debit cards are a boon to avoid carrying bulky purses and wallets while also ensuring increased saving. However, banks have strict regulations which have been put in place to protect their own interest as well as those of the customer. If the customer breaks any… Read More »
When it comes to money management, a majority of people don’t live up to the level required for becoming rational and logical thinkers. Some decisions are taken with the flow and often leave people wondering about what they were thinking at that moment. Money is certainly capable of playing tricks with the human brain. Most… Read More »
It is difficult to understand child psychology so you need to take extra care when you are raising the topic of financial information with your kids. Kids need everything in today’s world, from the latest gadgets to toys, stationery and clothing. Today’s kids have become inquisitive and demanding so it is crucial that you start… Read More »