Have you ever wondered why people splurge with cards even after knowing that it’s only borrowed money that they have to return to the bank someday? Various researches on the profiles of credit cards owners and their spending patterns says that there are several factors leading people to spending more using plastic. Here are the… Read More »
Sapna, a Mumbai-based copywriter was on a shopping spree during the last festive season as she was excited about her brother’s wedding. It helped that plastic money had been invented – her shopping went by in a blur as her credit card maxed out. The after-tremors hit her only later when she realized that she… Read More »
With the nation-wide “Swachh Bharat” campaign driving plastic into the wilderness (or the nearest dustbin!), it’s time to take care of another kind of plastic – your credit card. While you can’t just fling it into a dustbin, here’s what you can do to spruce up your credit card usage and clean up your act.… Read More »
“One should never get old!!” said Mr. Khanna in a disappointed voice. The four colleagues, Mr. Khanna, Mr. Desai, Mr. Mehta and Mr. Ghosh were sitting in their office canteen having evening tea. All were about to retire in the next 3 months. Mr. Khanna continued: “I was just speaking to our accounts department and… Read More »
‘Luck by chance’. If this movie happens to define your investment story, chances are that it will bomb at the box office of financial success. The success of your financial planning hinges completely on the financial decisions made by you during your life. If you have left something to chance, be prepared to be handed… Read More »
In cricket, batsmen who have played long innings often go back to the pavilion ‘retired hurt’. Not very different from what most working professionals do when they reach the end of their career – they end up retired and hurt. Financially hurt, that is. So, why do many Indians face a retirement crisis? First, India,… Read More »
March with its feverish frets and yearly targets is over. April 1st was (no, not All Fools Day) the start of the New Financial Year. So, did you make those financial resolutions for the new year? Or did you end up like Teena and Prateek? Teena and her husband Prateek, a newly-wed couple, had a… Read More »
So you buy your daughter toys, take her out for her favourite dessert, give her a good education and treat her to the best things in life that you can afford because she is the apple of your eye. But, apples need protection! Have you ever thought about how you will secure her future? Your… Read More »
Have you found yourself in this situation? You apply for a personal loan and are rejected! You are stumped. How could this be? You’ve got everything in order and you know you have a credit history that the bank can check. It’s not all about getting to the finish line but also how you got… Read More »
Ever eyed your neighbourhood bank closely of late? They’ve stopped counting, processing and deducting, or whatever else that it is they do behind their cozy little counters and strong rooms. They’ve started posting, tweeting and pinning instead! Initially, social media was where banks hooted and scooted. Or, advertised and vaporized, if you will. No longer!… Read More »