Investments are generally linked to complete once financial requirements. But not many people actually realize that it is important to keep aside funds in a savings account or in an emergency fund where the funds can be easily withdrawn without many hassles if any emergency or unfortunate event strikes. If you had not foreseen this… Read More »
From a healthy financial investment point of view, it is important to get of rid debt as soon as possible, however, it is even more important to evaluate the cost and benefit involved in making such a decision. The first step is to know what kind of loan you have opted for. Is it a… Read More »
Credit card companies offer their clients an option known as the extended credit option. With the help of this facility, a user is able to repay a share of his credit, by the end of his payment cycle, i.e., the date by which he gets his card statement. Then, he is able to make the… Read More »
As credit cards have risen significantly in popularity, with people managing a number of credit cards for personal and professional use, so has an increase in threats and misuse of credit cards. Over the last couple of years, people have shown a high preference for plastic money and its features over the more liquid form… Read More »
With the awareness about the benefits that different types of credit cards offer, most Indians are surely quite enthusiastic about it. They seem to be least bothered about how these cards put a hole in their wallets and instead consider it to be a fashion statement. You will find cards ranging from credit cards, debit… Read More »
Most investors have the mind-set that investing in Mutual Funds and other equities related sources are quite risky and opt for the traditional approach of saving – investments in Fixed Deposits, Recurring Deposits etc. These funds, upon maturity do not provide adequate returns when compared to equities. Therefore, you might end up taking a debt… Read More »
Fixed deposits offered by public sector banks have always been the crowd favorite, with a large stratum of our population placing their faith and investments in them. Although there has been a slash in the interest rates offered by banks, investors continue to earn higher, assured and risk-free returns as compared to other modes of… Read More »
New investors are in the belief that they should diversify their investments first and then consider the funds’ performance. This approach is quite wrong. Not many times does an investor benefit from such a decision. Targeting tax saving funds is not a great idea. It is good to have one fund which provides you tax… Read More »
As investments in equities plummeted down due to the global economic meltdown, people were looking for other modes of investment that had performed relatively well despite the twists and turns of the market. Investors have been disappointed with the relatively poor performance of the economy in recent times, and their performance has solely been characterized… Read More »
Credit rating is an influential and effective system which helps credit card users get loans at times of need, or upgrade to a higher version of credit card. It is a reflection of our financial discipline, and is a viable proof which shows how diligent we have been in making all our payments on time.… Read More »