blogs

Most of us have certainly wished to have won a lottery…an easy ticket to fulfil many dreams….isn’t it? But rarely do we think how we should use this prize money! Planning and prioritizing is important to ensure that the prize money is put to the best use. Listed below are...

If you look around, you will find strong, independent, successful women featuring in various lists of “Most powerful women” in the country. And it’s true, you see more women climbing the corporate ladder, more women entrepreneurs. If you look around further, you will also find numerous articles and research talking...

In today’s age and time everyone holds a credit card; well almost everyone! Whilst it is a convenient option for many of us….strangely it is also a “cool” option for few! Flaunting a wallet with different credit cards in a party or at a shopping mall is definitely looked upon as “cool”.  But how many credit cards should you hold? How...

Do you feel that you have too many credit cards? Are some of them lying idle with you? The correct step is to close these credit cards, but closing credit cards impact your credit score. It impacts the “credit utilization” ratio i.e. credit used against the available limit. Credit utilization...

The “Balance Transfer” game!  Let’s talk about “transfers” today. What has been a regular happening in European football and other international team events has now come home in a big way - courtesy the IPL. Players are transferred between teams and they get some serious money as teams bid for...

We dream, we plan, we set limits. This is also true when it comes to planning our financial dreams too. We have some limitation on how much to spend, save or earn. And like we say, life is not one straight road, and this is true for our financial life...

My secretary the other day requested for advice – she was getting calls from recovery agents saying and threatening that if she did not pay her outstanding dues on her 5 credit cards, her name would be reported to CIBIL and she would never again get a loan or a...

Ok so have you'll gone through the laws of thermodynamics or have you'll gone through all the mathematical formulas?.... ohh you haven't? Well, I’m just kidding, neither did i. So i was just pulling your leg since we learn a lot of these things in school but there are hardly...

When you take your vows and promise to be true in good times and in bad, do you end up saying “I do” to your spouse’s bad credit history as well?   Marriage is a union of two souls and from a financial standpoint, it means saving for the future,...

When you want to avail a loan you apply to various lending institutions. Don’t you? Also it is a common practice to apply to more than one lending institution for getting the best terms on the loan.  So do you think making multiple applications is always helpful?   An instant answer to this...

Way back in the late 1960’s, Neil Amstrong immortalised a phrase which effectively said “One small step for man is one large step for mankind”, as he became the first man to walk on the moon surface.  We have come a long way since then and the day is not...

Laziness is a universal syndrome – even the most active person, at some time succumbs to it! Strangely, it hits us in the most unlikely manner and in the most unlikely aspect of our life. The other unique aspect of this syndrome is we often allow it to creep up...

Your credit score – this 3 digits number can make or break your financial dreams. This number is a reflection of your past payment behaviour.   A credit score has gained importance in the recent years. The lending institutions evaluate your credit worthiness based on your credit score, which helps the lending institution to estimate the likelihood of repayment of a...

The pandemic has brought instability and uncertainties in the economy and therefore it has become important for us to manage our finances more systematically to face any upcoming uncertainties.  Follow these simple 6 steps and you will always have no debt stress or find yourself in a debt trap.  ...

The power of plastic money – ‘Buy now, pay later’ has become a modern day convenience, but the history of the earliest credit cards dates back to the early 1900s. You've read and seen this in books or movies depicting the society where the local general store would extend credit...

The third eye is said to be the eye of insight - an eye that provides a vision beyond the ordinary. So is Credit Counselling a Third Eye to your Financial Planning? Well we will find out! The concept of Financial Planning is surely better known than Credit Counselling. But...

Pre planning is better than planning…just like pre-paying is better than paying!Owning a house of your own is a life time dream for many of us. Undoubtedly the most common way of fulfilling and accelerating this quest is by availing a Home loan. It would be only correct to state...