10 reasons why Financial literacy is essential for millennials in India: 1. To make informed Financial Decisions Understanding basic financial concepts such as budgeting, saving,
Loan write-off early in a millennial’s career can damage their financial health in several ways: 1. Impact on Credit Score Loan write-off is reported to
Your mindset is the most important piece in your equation for prosperity. 1. Identify and acknowledge your current mindset. Recognize that you have a scarcity
As a solo breadwinner, it is important for Srini to make financial resolutions in the new year to ensure that he is able to provide
The start of a new financial year is the perfect time to evaluate your current financial situation and set new financial goals. It’s a great
Claiming HRA (House Rent Allowance) exemption is one of the most common ways for company employees in India to save on taxes. If you are
In short: A poor CIBIL score does not just mean “yes” or “no”. It changes your application at every stage: some lenders filter you out
In short: Credit counselling for a low CIBIL score means someone who reads credit reports every day goes through yours with you, finds what is
In short: Below a CIBIL score of 600, the problem is rarely one thing. There are usually overdue accounts, settlements, several lenders calling and no
Everyone understands the importance of reading. Books provide us with an inexhaustible supply of knowledge, information, and drive. Reading books provides you with fresh information.
When considering your loan application, lenders evaluate a number of variables. Your income, income, age, remaining working age, LTV ratio, property attributes, and current loan
Financial wellness has been gaining importance among employees in India, and with the right strategies and tools, it is possible to improve one’s financial situation
In short: India’s main investment opportunities range from safe, fixed-return options (bank FDs, PPF, RBI Floating Rate Savings Bonds, the Senior Citizens’ Savings Scheme) through
In short: The online work that pays students best in India is skill-based: tutoring, writing, design, coding, video editing and digital marketing. Easy “earn from
When immediate cash is not accessible, people take out loans to cover various needs such as buying a home or automobile, pursuing education, or dealing
As individuals, we all have unique financial situations and goals. While there is a wealth of information available online and in books about personal finance,
India is seeing a surge in entrepreneurship. Make in India campaigns and startup incentives are helping to create a very favourable business climate. Without funding,
In short: A flat rate charges interest on the full loan amount for the whole tenure, even as you repay it. A reducing balance rate
In short: In an emergency, the cheapest money is usually the closest: your own savings, an employer salary advance, family, or a credit card you
Housewives now are not the same as they were a decade ago. They are typically intelligent, ambitious, and well-educated. They are eager to explore the
In short: No one can raise your CIBIL score instantly; scores only change when lenders send fresh data to the bureau, usually once a month.
What is Salary Advance? Salary advances are short-term loans given to employees that are deducted later from future salaries. Some companies allow such advances. The advance amount is deducted from
As more young people experiment with live-in relationships to see what the benefits and drawbacks of cohabitation are, they frequently ignore the financial side of
Money concerns are so unpleasant that respondents who believe their relationship is stressed identify economics as the number one cause, handily knocking out the second place contender: irritating behaviours. According to the Institute for Divorce Financial Analysis, money concerns account for 22 percent of all divorces, making them the third most common factor. This may appear to be a bleak forecast for married couples, but it isn’t. Experts believe there are a number of actions couples can take to prevent letting money problems ruin their marriage. 1. Examine your Financial Situation Many couples put off discussing money until after they marry, but this lack of information may be
Financial anxiety is defined as a distressing emotion about money. Those who display symptoms may find it difficult to quit worrying about money or lose
In short: A business loan in India can come from a public or private bank, an NBFC or digital lender, or through a government scheme
The Unified Payments Interface, or UPI, has grown in popularity due to its user-friendly features. It’s a single platform that combines a multitude of financial
What exactly is Cybercrime? Cybercrime is defined as illegal action involving a computer, a computer network, or a networked device. Most, but not all, cybercrime
QR codes are used by many companies (including the world’s leading technology giants) to direct people to their apps. The QR (Quick Response) code may