Are you one of those shopalcohlic people who buy goodies without having any money to pay for the product and subsequently use the EMI on credit card option to pay over a period of time without understanding how does EMI on credit card work ? If yes, then forthcoming months are going to render youRead More
Banking
7 steps to pay off your debt [infographic]
Here is another stunning infographics from mint.com on 7 steps to pay off your debt. All the 7 rules are time tested and hold so much gravity that you will end up nodding your heads while reading. It starts with the first golden rule of spending less than you bring home and includes others likeRead More
Should I take a personal loan to go on a vacation ?
Should I take a personal loan ? If that is a question that you keep revisiting often, then you are at the right place. Personal loans in India seem to be a favourite fall back option and fillers whenever money is required. I have many clients who made a down-payment of a house or aRead More
Have a home loan ? Take term insurance !
“Home loan Term Insurance” are four words that ought to go hand in hand. Practically that is but it seldom happens. You would take a home loan to realize your long cherished dream of owning a house. For a middle class investor in India, this is a very strong financial goal to achieve and heRead More
Currency depreciation and Its Impact
The government has slid into a black-hole of policy paralysis; the stock market continues its southward journey each day and now to add to the woes of investors, the rupee or currency depreciation has got people worried. Does Currency depreciation Impacts Investments – Yes. Let us check- How? The silver lining is that we shouldRead More
What are Sovereign Debt Credit Rating ?
Yesterday, India’s sovereign debt credit rating was downgraded by rating agency Standard & Poor. At the back of that, I wanted to do a basic article on what a it is, what it represents and should investors on the ground be a worried lot. Will this rating affect your financial planning and should you takeRead More