Altman Z-Score Model – Interpret and Find Potential Bankrupt Companies

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We as stock investors would like to invest in a financially stable company. What is the measure of an unstable company? A company that is on the verge of going bankrupt can be called unstable. Altman Z-Score is a financial model based on which bankruptcy can be predicted. The Altman Z-Score model can point toward […]

Advantages & Disadvantages of Debt for Companies

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Why do the big companies have debt? Are there disadvantages to being a debt-free company? Debt is Good or Bad for Companies? We often see companies carry debt on their balance sheet. For example, here is data for companies in the BSE-500 index. Out of all stocks in this index, only 19% are debt-free. About […]

Invest or Prepay The Home Loan? Which is the wiser alternative for people?

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If you are in a dilemma about whether to invest or prepay the home loan using your spare cash, then you are not alone. This dilemma happens to a majority of people. When people climb-up the income ladder, they begin to generate more free cash. If the focus is on improving one’s financial health, wise […]

Become Debt Free: A Plan To Get Out of Debt Quickly [NOW]

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When you’ll Google the term “become debt free“, the search result will also display a query: “is it good to be debt free?“ This dichotomy related to debt has remained since ages. Why? For Banks, NBFC’s, government, and employers – loan (debt) strapped, EMI paying people are an asset. Hence they publicise debt as a […]

Financial Independence: A Definitive Guide To Achieve It In Stages

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What is financial independence? It is a state where one’s assets generate enough passive income to pay for the required expenses of life. People also mention this state of independence as financial freedom. In this state of independence, people need not work (do a job) to earn income. What they rely on is effortless automatic […]

How to improve credit score without debt?

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Let me give you the answer straight away. There is no way one can build or improve credit score without debt. Though there is a small compromise possible. But I will disclose it at the end of this article. But before that allow me to share my concept about “credit score” first. I know, you started to […]

Why not to use credit card?

Do you use credit card? Yes? Do you know why not to use credit card? Read further to know more. This article is written for whom? It targets those people who think using credit card is wise. Why they think so? They think that using credit card is great because of the following 3 reasons: Reward points– […]

Home Loan Transfer to SBI – How to do it?


SBI provides home loan at most attractive interest rates. Yuvraj wanted his home long transfer to SBI. He did some study and here are his findings. Yuvraj carries home loan of Axis Bank. He was paying interest at rate of 10.75% on his home Loan. He saw that State Bank of India (SBI) is offering […]

Which is better: home loan prepayment to reduce EMI or tenure?

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Paying home loan EMI’s month-after-month is a burden. How to reduce home loan EMI? By making loan ‘prepayment‘. What is prepayment? It is an extra payment made to ones home loan account in addition to the EMI. How prepayment helps? It reduces the loan outstanding faster. But while one is making the prepayment, bank will […]

How much money do I need to retire from job: How to Calculate?

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When I was 25, I was already dreaming about financial independence. On one side, my father was enjoying his job even when close to retirement, while I was considering it (retirement) at the outset itself. Read more about how to be financially independent. [Check at the bottom of this post to know, where to invest […]

What happens if personal loan is not paid in India?

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What happens if a personal loan is not paid? Is there a punishment for nonpayment of a personal loan? Will the defaulter go to jail straight away? There will be hooliganism displayed at the defaulter’s front door by the Banks? What are the bank loan recovery rules? Suggested Reading: What is a Bad Bank? A person […]