With the festive season nearing, banks are ready with offers to woo customers for loans. However, do not go overboard with your shopping as a loan needs to be repaid regardless of how inexpensive it is.
The biggest reason why many cardholders pay only the minimum due on their Credit Card is that it allows them to keep their account regular. But, in the long run, it is bad for their financial well-being. Read on to know how.
While choosing between the growth and dividend option in a Mutual Fund scheme, keep in mind the time span both will take in wealth creation and pick what suits your financial objective the best.