As the year draws to a close, looking back at the overall financial report of the year gone plays an important role in effective financial management. The end of the year gives us a perfect time and opportunity to check the financial books to asses tax strategies for the current financial year. Exploring tax saving… Read More »
Personal Finance is more or less like the game of Candy Crush. Those who have been too much engrossed in their Facebook profiles or have been anywhere near their Android or iOS machines, probably have been playing or have seen someone playing this crazily addictive game. Now, most people would be wondering the connection between… Read More »
In today’s world, education is perhaps the most expensive thing, especially if one wishes to enroll for a higher degree in a premium institute abroad. According to the Google’s AdWords Keyword tool, nearly 1.5 lakh people from India, on an average, searched information for keywords like Education Loan, Student Loan Abroad and similar other phrases.… Read More »
Buying a plot in any part of India can be challenging unless you have sound financial backing for initial investment. Banks do offer a loan for the purchase of a plot and even for construction such as SBI Realty, HDFC Plot Loans, Indian Bank Plot Loan etc. However, the associated tax benefits are subjective to… Read More »
With the credit card being one of the most popular financial products to be in use in modern times, it is very important for every user to be fully aware of its working and implications. Although people spend considerable amount of time researching on getting a good credit card, very few actually take the time… Read More »
The volatility in interest rates in India has affected borrowers of all types of loans. However, home loan borrowers are the most affected, as home loans are by far the biggest loans quantum-wise. Discrepancy in interest rates between existing borrowers and new borrowers, porting of home loan, stringent rules by lenders and clauses on fixed… Read More »
Home loans can be very beneficial for property buyers, as they not only help you buy your dream home, but also help you save on taxes. But you must remember to choose the right home loan if you do not want to face the hassles in the process. Here are a few quick tips that… Read More »
When you are in the urgent need of cash, the easiest option seems to be taking a personal loan. But with the raging interest rates these days, it’s not quite wise to get into the vicious cycle of debt. Banks also tend to look at your entire financial profile before accepting you for eligibility. What… Read More »
Becoming a victim of circumstances or willfully being a loan defaulter whether of large sums or for a small amount, is not good for your credit reputation. Often loan defaults occur when you take on too many debts simultaneously and then find it difficult to manage!
The convenience of using a credit card cannot be argued upon. It is much safer than carrying wads of notes each time you step out, of course with due caution. Credit cards prove useful when making high value transactions. And there is always a proof to rely on when you make payments on cards; they… Read More »