Tag Archives: emergency funds
Common Personal Loan myths busted!
A personal loan is a saviour when you need short term liquidity, don’t you agree? The hassle free application process and quicker disbursement has made personal loans the choice and millions. Despite its popularity, certain myths about personal loans make it look like a debt trap as people don’t bother to confirm these misconceptions. Let’s clarify them for you so you know the facts and you know exactly what you’re getting into when you apply for a personal loan.
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Money Management Tips for the Single Mother
Being a single mother can be really hard. Everything needs to be taken care of so that your children can lead a comfortable life. It all gets just that much easier if your finances are sorted out. Here’s the example of Priya Raman who faced a similar situation. Priya Raman lost her husband unexpectedly in… Read More »
Liquid Fund Options beyond a Savings Account
Radha and Sheela met with an accident on the way to work. Although there was no hospitalization required, the friends spent close to Rs 30,000 each, on various expenses. While Radha dipped into her savings account to pay for these expenses, Sheela sold some of her liquid funds for this amount. Both the women had… Read More »
6 Golden Goals to Kick-Off Your Financial Planning
Savings and Investments; Two Sides of a Coin
Masters of illusions can make you see one thing as another until you figure out the trick. Savings and investments could look like the same thing, but that’s the illusion. Here’s the example of a couple who didn’t know the difference. Raman is a Government employee, drawing a modest salary. He leads a financially disciplined… Read More »