Although it’s sometimes difficult to save your hard earned money instead of splurging on things you want, having liquid cash during emergencies is nothing short of a blessing. Be it planning for retirement or preparing for an unexpected financial crunch, it doesn’t hurt to have money at hand. The best way to secure your future is by saving money.
When you have to deal with financial emergencies, there is no better friend than your savings. With the habit of saving money instilled in us since childhood, most of us opt for the most traditional way of building our savings by maintaining a Savings Account. A good Savings Bank Account should ideally offer high interest rates, flexibility in withdrawal and deposit as well as a reasonable minimum balance in the 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 »
The biggest problems foodies face is empty pockets and empty savings accounts. But there’s no need to worry anymore. Here’s 8 ways you can make the empty wallet syndrome go away. 1. One by two soup More soup, less money. Yay! Source: sheknows.com 2. Eat from everyone else’s plate Order nothing! Only you win. Source: YouTube… Read More »
We Indians love our credit cards, but we love saving even better. Every 5 rupees saved is a big deal. Here are 12 ways we’ve all used at some point to save on travel. 1. Carry Lots of Food There’s an entire bag of food for the entire family. Source: litizen.com 2. Sleep at the Train… Read More »
The journey of entrepreneurship is both challenging and rewarding. But not every entrepreneur is able to turn a perceived risk into an asset. You may have a unique idea, a perfect business plan and even a great team at your disposal. But if your money management is not up to the mark; the chances of… Read More »
Have you ever wondered what happens to your digital footprints and assets after your demise? Consider this! A will that makes sure your accounts get passed on too. Confused? Here’s how Mr. Khan made sure his not so tech savvy wife got the benefits of his digital investments. Mr.Khan, 63, was a tech enthusiast and… Read More »
So, you’re fresh out of college and you’ve got your first job! Congratulations! The heady euphoria that comes from financial independence cannot be paralleled by even the best vices, and the utter bewilderment as to where your money went at the end of the month can’t be quantified either. Here are a few tips… Read More »