One day I was sitting with my group of friends. We were randomly gossiping about things, when the topic of investment came up. People were eager to know about it, but they only wanted quick answers for queries like ‘where to invest money for high returns‘. Frankly speaking, there are no quick answers when one…
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…
Defaulting on a personal loan in India leads to banks negotiating or pursuing recovery through legal notices under the SARFAESI Act, but it’s a civil dispute, so no jail time is involved. Genuine defaulters can seek EMI restructuring or temporary relief, while wilful defaulters may face stricter actions. (use this loan problem calculator to get answers to specific queries).
Is there a way one can generate alternative source of income without killing self? Yes, there is a way. Start thinking about passive income.
This home loan prepayment calculator gave me the inspiration to become debt-free. Now, after years of painstaking focus and persistence, I am finally debt-free. It is a different life. How I’ve reached this stage? My home loan prepayment calculator made it possible. How? It all started in the year 2012-13. While we were developing this…
Did you know that only a fraction of the world’s population truly understands the art of building assets? Picture this: more than 75% of people around us suffer due to the complexities of financial struggles. It’s all because they do not realize the importance of asset creation. In a world where financial independence remains an…
What are the biggest problems in investing money that people face in real life? We give a lot of attention to what we must do as a good investment practice. But it is also advisable to look into the Don’ts of investing money. If we only know the Don’ts, we stand a great chance of…
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….
One day I was discussing with my friend about term insurance plans in India. Our thoughts were so different about the term plan that we nearly had a tiny fight. But the end was meaningful. Both of us agreed on a point with a conclusive evidence. No financial plan can be complete without inclusion of…
Generally people apply for personal loan when they need spare cash. But personal loans dose not come cheap. So it is better that one takes wise moves while availing personal loans. So, what should be the step 1? People opt for personal loans rather casually. But this is one debt that people must undertake after…
There are few basic traits of rich people that is lacking among common men. What are they? Rich people does things which we common people do not preach. But not all rich people are same. It is very interesting to learn about these basic traits. If we can implement these basic traits of rich people…
In term of money management, what financial gurus recommend for we common men? In most cases, people do not know what it means by money management? In this article, we will see basic rules which one must follow for effective handling of money. How differently you should manage your personal finance? The way we handle…
