How to decide among investment options?

For secure investments, Public Provident Fund andFixed Deposit are great options. You should choose one based on what you need.  Out of these two investment options, fixed deposits are often a preferred choice for busy salaried professionals who do not fall in the higher taxation brackets. Continue reading “How to decide among investment options?”

4 ways that property can help you to make money

If you are wondering where to invest your money, property could hold all of the answers. Investing in property is a fantastic way to ensure that you get a return on your money. It is important to carefully consider what kind of real estate you would like to invest in. If you make the right decision, you could make a lot of money at a minimal risk to your personal finances. Continue reading “4 ways that property can help you to make money”

Can you survive Cancer financially

Cancer is the second leading cause of death globally and accounted for 8.80 million deaths in 2015. According to WHO (World Health Organization) nearly 10 Lakh new cases are reported every year in India. Unfortunately, nearly 5 Lakh people annually die due to cancer and this number will go up and projected to rise five folds by 2025, according to WHO. Continue reading “Can you survive Cancer financially”

Fickle Finances: Credit Cards vs Personal Loans

For those times in life where some financial bolstering is required, there are a number of concerns that wrestle for our attention. Taking out a loan or moving further into debt can fill us with apprehension.  We want a solution where we can access adequate funds, yet not become swamped with oppressive repayments.   Continue reading “Fickle Finances: Credit Cards vs Personal Loans”

Does Better Health Insurance get you Better Service?

This is the age-old question. Does a better service necessarily give you better results? With health insurance figuring as such an important part of your life, it’s important that you make sure you’re getting the best service possible. Whether you’re looking into medical insurance or dental insurance, this guide is going to answer that question once and for all. Continue reading “Does Better Health Insurance get you Better Service?”

How to Buy Gold Online Without Getting Duped

Gold is the best hedge for cash assets against future financial uncertainty. Gold offers an attractive way to own an asset that will always have value, even if the market comes crashing down. You can also trade with gold. To enjoy the benefits of gold, you must own the physical metal in bars, coins, or bullion. You can now buy gold online. However, scam artists are rife in the online gold dealing sphere, so you should proceed with extreme caution. Here are several tips for protecting yourself when buying gold online: Continue reading “How to Buy Gold Online Without Getting Duped”

Tips for Buying a Car with Bad Credit

By the time you’re done reading this short post, you’ll see that getting a car loan is not difficult even if you have bad credit. While it’s true that the following can help anyone (no matter what their credit) secure a deal with an interest rate that won’t unduly tax their monthly budget, this is specially-designed for people with low credit scores. There are lenders who specialize in bad credit car loans, and here is what you should do before you approach them. Continue reading “Tips for Buying a Car with Bad Credit”

Use of Calculators to estimate loan amount and tenure

Till few years back, you had to visit branches and offices of financial institutions like banks, NBFCs to get all your loan related questions answered. How much loan will you get, what is the interest rate, what are tenure options, can you reduce your EMIs, etc.? Continue reading “Use of Calculators to estimate loan amount and tenure”

How Credit Card Companies Thrive on People not Redeeming their Rewards

For those who do not understand the basics of how a credit card works, it’s simple – imagine the next time you are out making a purchase at a grocery store or out shopping for new clothes, and you can pay the bill without having to pay using cash or your savings! Sounds like a compelling proposition, right? Continue reading “How Credit Card Companies Thrive on People not Redeeming their Rewards”

India’s First Digital Only Bank digibank offers more than Kotak 811

With the whole idea of going cashless, the banking sector has completely revamped the way transactions are made. Several banks have come up with digital wallets, efficient banking apps and services. However, DBS has taken it to a next level with a revolutionary way to bank with digibank, India’s first downloadable bank account. It is an app that allows you to open a savings account without physically visiting the bank and helps you do transactions on the go. The digibank app provides a trusted, hassle free way to update the KYC information post which an executive visits you for the biometric information. The app lets you shop, pay utility bills, do mobile recharges and make online payments and also enjoy cash back offers at the same time. Continue reading “India’s First Digital Only Bank digibank offers more than Kotak 811”

PPF, FD, RD: What Should you Choose?

For secure investments, Public Provident Fund, Fixed Deposit, and Recurring Deposits are great options. You should choose based on what you need.

Have some funds on hand and want to find a good investment venture to make your money work for you? Traditionally, Fixed Deposits have been the go to scheme for short term investments. If you’re looking to lock in money for a longer period, then you can choose Public Provident Fund. Recurring Deposit is another option that’s a great idea to cultivate a systematic savings habit. Continue reading “PPF, FD, RD: What Should you Choose?”

Transferring the personal loan: Understanding 5 factors

You can easily transfer your personal one from one bank to another, but there are important factors to consider before doing so.

Taking a personal loan has many advantages, for both business and personal purposes. The loan is disbursed fairly quickly and the monies can be used for a variety of needs. Traditionally, people have been averse to taking loans for purchases, but lately, it has become somewhat of a trend to borrow personal loans, vehicle loans, house purchase loans, etc. In the face of mounting expenses and rising inflation, one may not have the financial wherewithal to buy expensive items on an outright purchase basis. Continue reading “Transferring the personal loan: Understanding 5 factors”

5 Ways a New Homeowner Can Save Money

Buying a home means something different to each person. But one thing is the same for just about everyone – it’s going to be expensive. In addition to saving up 5-20% for a down payment, on average homebuyers pay 2-5% of purchase price in closing costs as well.

If you want to realize the American dream of home ownership, you don’t have to be house poor. There are ways you can use your living situation to save money each month and offset the cost of buying. Continue reading “5 Ways a New Homeowner Can Save Money”

Top 10 Benefits of New Models of Mutual Funds

As more and more people realise that investment needs a lot of prudence, financial services companies are focusing more and more on bringing out new models of mutual funds which are attempting to provide higher returns to potential investors based on their risk exposure. Continue reading “Top 10 Benefits of New Models of Mutual Funds”

Putting Health Back in Health Insurance

For most of us, insurance is just a way of risk mitigation for those unwanted times when health problems occur. While it is true, that in life, problems seldom come alone, it is also true that preparation beforehand can help to mitigate many of the challenges which may be faced by us during those testing times. Continue reading “Putting Health Back in Health Insurance”

Term Insurance Calculator: Do the math before you buy a term plan

Deciding to buy a term plan is easy – doing the calculations for the right plan is even easier! We explain why using a term plan calculator is a wise option.

It is basic human nature to worry about the future. You must have experienced it yourself: even during the times that you are happy and content with life, you may feel a twinge of worry about your loved ones. No, you won’t constantly worry about what happens to your loved ones unless you are a paranoid person. But it is fairly normal to wonder what your family members would do if you were suddenly absent from their lives. Continue reading “Term Insurance Calculator: Do the math before you buy a term plan”

The 7 new homeowner tax breaks you may be missing out on

Few things can impact your tax bill like owning a home. And if you’ve been busy shopping, choosing, buying, and closing on a house, we’re going to bet that you forgot all about this pot of gold at the end of the rainbow. Continue reading “The 7 new homeowner tax breaks you may be missing out on”

Is the Time Right to Refinance Your Home?

Most people can’t afford to pay cash for their home. Properties are an expensive acquisition, so unless you are an A-Lister or Walter White, you probably don’t have hundreds of thousands of dollars lying around in your bank or closet. Sadly, this means you have no choice but to go cap in hand to a lender and persuade them to give you a mortgage. Continue reading “Is the Time Right to Refinance Your Home?”

Top 5 things to lookout for before getting a Motorcycle Loan

Owning your dream bike is now possible with a motorcycle loan. Leading banks and non-banking financial companies (NBFCs) offer such loans at competitive interest rates. There are several loan options available and making the right choice may seem confusing.

Here are five tips to choose the most suitable motorcycle loan. Continue reading “Top 5 things to lookout for before getting a Motorcycle Loan”

Do Debt Help Services Really Work?

Before you ask how they work or if they truly work, it’s important to understand  howa debt help service company operates. In a nutshell, debt help or debt relief services offer you assistance to get out of debt through various means, which include, but are not limited to, credit counseling, debt consolidation, and debt negotiation. Continue reading “Do Debt Help Services Really Work?”

Looking for Ways to Finance that New Smart Phone You Want? Here’s Why You Should get it the EMI Way

You may choose from a large variety of high-end products for your home. These commodities help to improve your quality of living. However, such products may be expensive and you may not have the entire amount required to make the purchase. Continue reading “Looking for Ways to Finance that New Smart Phone You Want? Here’s Why You Should get it the EMI Way”

Here’s What You Must Know before Investing in Mutual Funds

You may know of several people who have lost their capital while investing in mutual funds. A common reason for this is that they tend to invest in the wrong funds. Furthermore, entering the fund and exiting at the right time to minimize losses is important.

Before you consider investing in such funds, you need to consider some factors. Assessing your age, risk profile, and investment goals will help you shortlist the appropriate mutual funds. Continue reading “Here’s What You Must Know before Investing in Mutual Funds”

Can your Health help you to Save Tax?

Interestingly, while people are independently concerned about saving taxes and for maintaining the best possible health conditions, the two often happen in isolation. It would be indeed prudent to have a perspective on how both the objectives may be connected for a more holistic picture. Apollo Munich provides a smart perspective in this infographic.

Continue reading “Can your Health help you to Save Tax?”

Thanking you all for #aBeautifulLife – Happy Women’s Day

For each of the big successes in our lives, there are at least a few women who makes it feasible for us to reach up to the stars. Most prominent among them is probably our mother who shapes our childhood and prepare us for our future. Then comes the lady of our lives who continue to support us in all the ways possible, throughout the rest of our lives. They continue to make small sacrifices, so that we can focus on what we like doing and reach our destiny. In our lives, they are the ones who never stop believing in us, our dreams, our passions, they do all that they can to inspire us in the roller coaster journey we happily call life. In return, while nothing is really expected, we would love to do small things for her, so that they can also follow their dreams and passions. The constant support which we give each other makes our life a beautiful one. Continue reading “Thanking you all for #aBeautifulLife – Happy Women’s Day”

Understanding Your Credit Score and How to Maintain a High Rating

What is a Credit Score?

A credit score is not something that most people will think about until they want to apply for a credit card or a loan that they really need. It is a basically numerical representation of an individual’s creditworthiness and, therefore, a primary consideration for lenders.  Lenders like credit card companies and banks, engage companies to compile credit reports and derive the credit score from those reports. Continue reading “Understanding Your Credit Score and How to Maintain a High Rating”

Why term plan is must for protecting financial future of your family

Many people ignore taking a life insurance policy in early stages of their career. Many young people buy their first life insurance policy only after they have children. Life insurance protects your dependents from financial distress in the event of your unfortunate death. You should understand that your dependents are not just your spouse and children. For example, if you provide financial support to your parents, then your parents are your dependents even if you are single. Continue reading “Why term plan is must for protecting financial future of your family”

Know your CIBIL score with PAN Card

The most important thing that financial institutions check for determining your eligibility for a loan or credit card is your CIBIL score. The CIBIL score is basically a three-digit number that summarizes your credit history. It is calculated using factors like your loan repayment history, your total available credit balance and how long you have used credit and the number of loans and their distribution between secured and unsecured components. Your repayment history accounts for over one third of the score. Continue reading “Know your CIBIL score with PAN Card”

What does Home insurance policy cost?

When one decides to buy home insurance cover, there are several questions that arise in his or her mind. The first question is, how much a home insurance cover is going to cost me or to put it in other words, what will be the premium amount I would be paying to the house insurance company for coverage. This is a very logical question since it plays a crucial role in determining the degree of protection and coverage needed for your home, taking into consideration the budget you have and other associated economic factors. Continue reading “What does Home insurance policy cost?”