Ignorance is bliss, but not for loan buyers. Many home buyers are unaware of the several options available when it comes to a home loan. Call it “research fatigue” or the lets-get-this-out-of-the-way syndrome, majority of home loan borrowers look only for interest rates. Here are six options you are likely to ignore when finalizing a… 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 »
Currency notes have vanished. Coins are to be found only in museums. Nobody talks about “returning the change” anymore. Devices have taken over day-to-day financial transactions. Setting of a futuristic world in some sci-fi novel? If you’re nodding your head, you have been living under a rock. Because that setting is the present day.… Read More »
Oh, that blissful yet nerve-wracking word – Retirement! A picture of serene, idle days with as much time on your hands as you have always dreamt of; but also that scary thought of having as little regular income as we do not even wish to imagine! Are you constantly baffled figuring out whether retirement is… Read More »