Fixed deposits are one of the most darling instruments among investment avenues for every risk-averse investor where they park their substantial amount for a stipulated time period and get a fixed rate of interest which remains locked till the duration of their investment. But, at times, we may need some money in the wake of any […]
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Category: Personal Finance
Optimum Usage of Credit Cards!
Credit card is used by almost everyone now a days and utilizing a credit card features is an art but not a rocket science. It needs discipline, attitude and the right mindset to be used. In all probability you must be holding Credit Cards in your wallet and must be wondering how to use it […]
7 Saving Strategies that can backfire
Our human mind is pre-set to try buying anything which has a lower cost and always looking for many tips on saving money out there, but there are some that are just dangerous or potentially expensive. Many of these are possible in good ideas, but as we are indulging our inner tightwad, here are some […]
5 budgeting mistakes most people make
Making a budget can be boring or avoidable exercise for the majority of the people. Because, they think of budgeting as depriving themselves and they just avoid it all together. But many people draw up budgets and take budgeting very seriously. They budget their money down to the very last penny. Others have fairly obvious […]
Avoid insurance Cover bundled with Home Loan
Nowadays, Housing finance companies and banks are mostly tied up with select insurance providers and bundled home loan products with home loan insurance plans. While taking home loan, on the act of surety, banks may push you to take home loan insurance plan for only those companies with whom they are tied up with. Furthermore, […]
Is Your Bank really acted as a Financial Advisor?
We all trust our bankers blindly and always ride on bankers’ trust, apathy and ignorance. It is a common practice that banks access the financial information from their customer’s bank balances, fixed deposits etc. to target very specific customers who have large amounts of money at saving account or bank fixed deposits. They offer a […]
Getting prepared for Owning a House Property
Ajay Kumar, 29, and Neha Arora, 25, Chandigarh-based IT professionals had been looking for buy a new two bed-room ready-to-move- in house. They can either purchase from the primary market such as developers and housing development boards or from the resale or secondary market. After several rounds of search, they were able to locate a […]
Bank Charges that You may not Know
We all trust our bankers blindly and a lot of us are totally unaware of the charges that bank levy and have never checked whether their bank announces them transparently. They always ride on consumer trust, apathy and ignorance. Unfortunately, a large discerning group is aware about the many charges and they entrusted bank that […]