Whether it’s to indulge your retail therapy fix, or the weekly list of grocery essentials, shopping is something you just can’t get away from, and therefore all the more important to guard against, especially if you’re looking to save.
You might be enjoying your cup of tea at a tea stall or you might be having a sumptuous meal in the afternoon! Even here or especially here you will feel the pinch of inflation. This article explains inflation in detail. It also helps you with suggestions to get the better of it.
Passive income can help you build up wealth over a period of time. It is also a good idea to create sources of passive income that will generate regular income for you once you retire or are unable to work for a time period. For example, if you have purchased an apartment for investment purposes… Read More »
The place of residence is significant in HRA calculation as for a metro the tax exemption for HRA is 50% of the basic salary while for non-metros it is 40% of the basic salary. This holds true especially when you work at a metro and reside at a non-metro. In this case, your city of… Read More »
It is important to ask certain questions: Have you chosen the right card? Do you know the interest rate on your credit card? Did you stop to read the fine print? Do you depend on your card and spend the maximum credit limit? Do you buy impulsively and purchase things you don’t really need? Have… Read More »
There is always a direct relation between prices of certain commodities and inflation. Let’s take the price of oil. This and inflation are connected in a cause and effect relationship. As oil prices move up or down, inflation follows in the same direction. The reason why this happens is that oil is a major input… Read More »
At the end of it, this whole thing about keeping children out of money matters was probably a wrong idea. Children have to be introduced to money and how it works. Children should be allowed to take money decisions, make mistakes and learn from them when we can still hold their hands.
Every year the Government opens up new options for tax savings to encourage the tax payers utilize their monies better! However, most of the time, tax payers tend to put off saving plans to the last minute and miss out the right investment opportunities. Here is a list of tax saving options that will meet… Read More »
2010 is a watershed year for the investors’ community in many ways. India regained the high growth rate, monsoon was plenty to spread cheer, auto sector saw huge growth, and stock market touched the same all time high of 2008. Quantitative easing in US started in 2010 and its impact will be felt only in… Read More »
Come February and all eyes and ears are on the Finance Minister and his budget for the coming year. Almost every citizen of the country has his/her own set of expectations that they would like to see being fulfilled in the coming budget.