Recurring deposits has potential to make us a millionaire. How? We all want to become rich, and recurring deposits can help us achieve this target. I have personally gone past a rough patch in my life because of scarcity of money. Since that day I continuously try to improve my finances. One investment vehicle that was…
What is the history of inflation in India since last 10-15 years? The rate of inflation in India is currently hovering around 4 years low levels. In June’2013 India saw its inflation rate at 4.7%. If we look at history of inflation in India since year 1969, inflation has averaged around 7.7%. May be not…
The rent vs buy a house decision is a dilemma that the majority face while buying their first home. It is one of the tough decisions of life. Why? Because when common men decide to buy a house, they are actually making a decision to lead a less-abundant lifestyle. Hence, along with money, buying a house…
In order to understand whether government subsidies are good or bad for India we have to see things in larger perspective. Instead of looking only at immediate effects, one shall see long term repercussions of subsidies. What is subsidy? And why government decides to have them in first place? When price of goods or services are controlled…
FD are favourite investment vehicle, right? But is it possible to earn higher interest on FD investment? Fixed deposits (FD) remain one of the most trusted investments in India. People of all ages and all backgrounds loves investing in fixed deposits. But there are ways to earn higher interest on FD? FD promises a guaranteed interest….
I have been budgeting and tracking my expenses since last 8 years. There has hardly been any expense that has went unaccounted in these years. I love to keep my accounts absolutely updated. The best way to do it by budgeting and tracking all expenses. In last few years I have used many expense tracking software….
Where to park money idling in savings account? Savings accounts offer to low interest. Better is to invest it elsewhere. Where do you keep your savings? Majority do it in savings account. What are the alternatives available? Recently I came across a friend who works as a priority manager for a Bank. He handles variety…
