Your financial plan is one which chalks out your financial goals and how you plan to achieve them. As the situations in life change, your financial plan also requires regular reviewing and change. Just as how you undergo regular health checkups to review your health and regular service for your vehicle or electronic appliances, your… Read More »
Credit card is one of the most important financial inventions in modern times. However, this much-sought after boon can be a real bane to your finances if not used with care. Here are a few instances when you should restrict the use of credit cards in order to keep your finances in order. Using credit… Read More »
Every individual has a Savings Bank account, but pays little attention to the interest earned on the balance in this account. Some people may not even know that the balance they maintain in their savings bank accounts earn an interest. In the past, before RBI had deregulated the savings bank interest rate regime, all banks… Read More »
Sarita and her husband Shiva earn an income by working as a maid and a driver in the Vijayawada district of Andhra Pradesh. They invest a part of their income in the Dhanarashi Chit fund that is run by a local jeweller. When the first meeting was called for the auction of the fund, Sarita… Read More »
All of us take vacations at different frequencies to help us have a change from the usual routine and also to rejuvenate ourselves. While going on vacations is fun and desirable, it is very important that the vacation goes on without any hassles. Let’s look at a few tips which will help you to be… Read More »
Many a time, it is seen that people give importance to earning more money or on investing the money earned in various investment avenues. It is often misunderstood by many that earning and investing are alone sufficient to be wealthy. Equally important is to make the most of the money you already have. People generally… Read More »
On an average approximately 4 to 5 million new professionals below 25 years of age join the workforce in India every year. This workforce needs to draw up the right financial strategy right from the beginning in order to make the best of their earnings while not compromising on the lifestyle that they desire and… Read More »
Let’s say you can purchase one kilogram of rice with Rs. 50 today. Ten years ago, you could have purchased 2 kilograms of the same quality of rice with Rs. 50. And ten years hence, you will probably have to shell out Rs. 75 for one kilogram of the same quality of rice. This means… Read More »
EMI is a common household term today, as more and more people are availing different kinds of credits to meet their financial needs. The same is applicable to outstanding amounts in credit card dues which the customer may find difficult to pay in one go. Is the EMI facility on credit card payments a good… Read More »
Great Times for the Consumers with Companies Offering Unprecedented Discounts and Freebies The difficult economic times may have stalled the growth of the Indian economy, but the consumer segment is experiencing brilliant times with unprecedented offers flowing in from the companies The economic predicament prevalent in India has made it invariable difficult for almost all… Read More »