Debt Trap and 12 Ways to Stay Out of It
A Debt Trap occurs when you start spending more than you make, which causes your debt to grow out of control. For instance, you borrowed
Menu
A Debt Trap occurs when you start spending more than you make, which causes your debt to grow out of control. For instance, you borrowed
Millions of individuals set resolutions for the new year each year in an effort to bring about improvement. Improved finances, a more active attitude to
Due to the incorrect way we approach them, financial resolutions seldom turn out well for us. Knowing that we must finish it before the year
With the variety of possibilities that have been provided in recent years, the notion of moving forward with a business loan has significantly simplified. With
A loan secured by real estate is a terrific way to pay for expensive needs and expenditures. These loans, also known as secured loans, are
People carry numerous credit cards in their pockets these days. Although experts advise having a range of cards, in practice it seems to be a
A Personal Loan differs from the majority of other loans in that it can be applied to any purpose. A personal loan can be used
Lenders frequently request that some loan applicants bring in loan guarantors. When the principal borrowers and co-borrowers’ ability to repay the loan cannot be determined,
Financial literacy is the ability to manage, save, and invest money for you and your family in an effective and efficient manner. This can range
Living frugally entails maintaining financial management, which can feel like a full-time job at times, especially when life gets hectic. A crowded and disorganised home
Starting a firm for the first time is likely to be the most significant step ahead in your professional career, and it comes with reasonable
Financially secure future is something which we all dream for. To achieve this we work hard for the entire life. Setting financial goals, budgeting, learning
In the past couple of years, many of us have watched colleagues, friends, and even family members grapple with the loss of their job or
Financial leverage is the use of borrowed money (debt) to finance the purchase of assets with the expectation that the income or capital gain from the new
Financial health describes the state of a person’s personal financial situation. Its dimensions include savings, retirement planning, and the income spent on fixed or non-discretionary expenses. Financial
Unexpected expenses are the bane of a young household. Young families face their unique challenges. Below are 8 tips for managing your family finances that
1. Adopting financial discipline The stock market, bond market and other financial markets have come down heavy under the hammer of coronavirus. Companies have begun
Here is a comprehensive guide on how women can manage their finances effectively in the year 2021. A women’s best protection is a little money
Indian women have started earning decent money and thus are becoming financially independent. However, financial decisions are still being taken mostly by their fathers or
There is one aspect where Indian women still need to catch-up it’s managing their finance independently. There is still a dependency, especially among Indian women,
Wellness is about the integration of all states of physical, mental and spiritual well-being. Each of the eight dimensions of wellness acts and interacts in
With the economy slowing down and many investment products failing to meet investors return expectations it is normal for the common people to feel unsure
Turning 18 is a big milestone not just for children, but also their parents. For parents, seeing their child turning 18 is the start of
With the economy slowing down and many investment products failing to meet investors return expectations it is normal for the common people to feel unsure
1. Use a Portfolio Tracker Do you know how your funds did in 2019? Or how much returns have you earned in the past three
With the economy slowing down and many investment products failing to meet investors return expectations it is normal for the common people to feel unsure
Financial goals are savings, investment or spending targets you hope to achieve over a set period of time. The stage of life you’re in usually
What happens for the rest of their lives, when they have to manage money on their own? That’s the more important legacy you can give