In this age that we are living, it has become very easy to attract people to live beyond their means. Be it a car or a house, the common term that people use is EMI, and nowadays even for goods like mobiles and cameras. We… Read More »How to say if you are living beyond your means?
In many cases, a person falling into a debt trap will have at least two personal loans and a few credit cards. In order to service one loan, the person borrows from other sources which will only aggravate the problem thus leading to a debt… Read More »How to get out of a debt trap?
When you face a financial crisis such as jobloss, business failure or a medical emergency, your response to each of them has to be the same. For those in a financial struggle, credit cards give a temporary sense of remorse but actually it is only… Read More »Things to do before you end up in a credit card debt
There are a lot of factors which are to be considered before while investing even in the right kind of investment. More than rules, these are principles by which you can secure your future and celebrating your present. These principles are not susceptible to time… Read More »Investment: Rules to secure your financial future
A credit card debt is a financial obstacle that can hold you back and put you in harm’s way if not acted upon. Such a debt can hold you from truly enjoying your life as the interest rates on an average are about 13-16 percent.… Read More »How to achieve independence from credit card debts?
We all know that online banking is here and it’s catching up fast. They seem to cover all your finances, be it interest rates, customer service, Know Your Customer (KYC), and the advantage of 24/7 access to your financial accounts. The fine line between the… Read More »Banking online or old fashioned way?
Some people would like to understand the basics of investing before getting in to the pool, while others dive directly and then learn to swim. However, the people who seek for advice and confused by two approaches to managing finance. One is the simplified approach… Read More »How to plan your finances at a household level?
Visualize your retirement and create a budget for your retirement Research reports say that only 15% of people are saving sufficiently for their retired life. This tells that a large number of individuals are not planning for their retirement which is a harsh reality. It… Read More »Visualize your retired life
The basic trait of good investor is start investing early. By investing early one gets two benefits, namely the time value of money and power of compounding. The earlier you start saving for your retirement lesser the burden. Let’s consider two people who starts saving… Read More »Benefits of planning retirement early.
Retirement planning is quickly gaining speed and is certainly becoming a priority for many people. Based on a survey, nearly 25 percent of the urban customers are getting ready to act on their retirement planning. There has been a huge leap this year as nearly… Read More »Is Retirement Planning a Must?