BUSINESS
Step-Up SIPs: The game-changer for building Rs 10 crore corpus
Step-Up SIPs offer a powerful way to build wealth by increasing investments annually, leveraging compounding, and beating inflation. Ideal for rising earners, it creates a larger corpus than traditional SIPs.
BUSINESS
Rs 80 lakh in FDs: Is it enough to retire in five years?
Retiring at 55 with Rs 80 lakh in FDs is challenging because of a Rs 1.03 crore deficit. Diversify investments, adopt a 3-4% withdrawal rate and build contingency funds for a secure retirement, say experts
BUSINESS
RBI cuts repo rate, here is what it means for your fixed deposits
Lower repo rate can lead to lower fixed deposit rates. Depositors can adopt strategies like laddering and consider alternatives to FDs for better returns on their investments.
BUSINESS
RBI MPC meeting: Repo rate cut by 25 bps, home loan EMIs, interest rates set to fall
Today's repo rate cut lowers home loan interest rates, reducing EMIs by Rs 3,000 to Rs 4,000 for a Rs 50-lakh loan.
BUSINESS
Top travel credit cards with zero or low forex markup for your winter holidays
Unlock savings on international travel with top credit cards offering zero or low forex markup, rewards, and travel perks
BUSINESS
Rupee hurtling towards 90, here's how to guard your portfolio against currency turmoil
The rupee sank to a new low of 89.92 against the dollar on December 2. Experts recommend diversifying portfolios with global equities, gold and export-oriented sectors to hedge against further depreciation
BUSINESS
Rupee slips to record low near 90: How will it impact study abroad plans and holiday budgets
The rupee has hit an all-time low of 89.76 against the US dollar on December 1, impacting students planning to study abroad and people looking forward to international holidays
BUSINESS
Rs 10,000 SIP or Rs 1.2 lakh lump sum yearly: Which strategy is better for wealth creation?
Lumpsum investments yield higher returns with steady market climbs, while SIPs excel in volatile markets, reducing timing risks and fostering discipline.
BUSINESS
Managing too many EMIs? Here’s how debt consolidation schemes can simplify your repayment
South Indian Bank's SIB Power CONSOL simplifies debt repayment with consolidated loans, lower interest rates, and unified EMI, benefiting salaried and self-employed individuals
BUSINESS
From savings to investments: Securing your child's tomorrow
Guide your children towards financial freedom with bank savings accounts, mutual fund investments, and schemes like Sukanya Samriddhi Yojana and NPS Vatsalya, fostering responsible money habits and wealth creation.
BUSINESS
Holiday hacks: Save big on holidays this December
Plan ahead to save on holiday travel! Book early, be flexible with dates, use loyalty programs, and consider alternative accommodations. Leverage credit and EMI options wisely to fund your trips.
BUSINESS
Secure your legacy: Why Supreme Court wants women to write their own wills
The Supreme Court urged women, especially Hindu women, to draft wills to prevent disputes over self-acquired properties
BUSINESS
Club ITC's Days of Joy: Up to 50% off on stays, should you apply for ITC Hotels loyalty program?
Club ITC is a loyalty program by ITC Hotels offering 2-8% Green Points on stays and dining, with benefits like room upgrades, and redeemable points for stays, dining, and more.
BUSINESS
Get 5% cashback on weekends, 0.5% on weekdays with MagniFi Fi-Federal Credit Card: Should you apply?
MagniFi Fi-Federal Credit Card offers 5% cashback on weekend spends, 0.5% on weekdays, and discounts on Amazon, Zomato, Zepto, and BookMyShow, with no joining or annual fees.
BUSINESS
60% of India's borrowers struggle to pay back: How to escape the debt trap and protect yourself from aggressive lenders
India's debt crisis worsens, with 60% of borrowers struggling to pay, facing harassment, and trapped in high-interest cycles. Legal support and financial literacy are key to escaping this debt trap.
BUSINESS
Children’s Day: A guide to financial literacy for different age groups
Teach kids about money management in stages: make it fun for preschoolers, build budgeting intuition in school age, guide pre-teens to save, expose teens to real-world tools, and mentor young adults in advanced topics.
BUSINESS
Retirement planning in your 30s: Start now, retire rich
Start retirement planning in your 30s for financial freedom. Calculate your corpus, harness compounding, invest wisely, and strike a balance between debt repayment and investments.
BUSINESS
Estate Planning: How Single Women Can Tackle Asset Protection Challenges
Single women in India, whether unmarried, divorced, or widowed, face unique estate planning challenges due to cultural norms and laws, risking asset loss and family disputes if no will is made.
BUSINESS
Payment Problems? Here's what to do when UPI and credit card transactions fail
Digital payment failures: Check account, wait for reversal, file complaint if needed. Verify details, monitor limits, keep records to prevent and resolve issues.
BUSINESS
Job Switch or Move Abroad? Your NPS account rides with you
The National Pension System (NPS) is a portable and flexible retirement tool that remains intact despite job switches or overseas relocation, allowing you to continue contributions and grow your retirement fund.
BUSINESS
Don't let stagnation erode your earnings, invest in upskilling
Upskill to stay relevant. Allocate 5-10 percent of income for continuous learning, leveraging government incentives and tracking ROI to transform expense into equity and future-proof your career
BUSINESS
Fractional real estate investing: A guide to benefits, taxation and risk management
Fractional real estate investing allows multiple people to co-own premium properties, offering diversification and potential 12-18% returns but comes with risks such as illiquidity and market volatility
BUSINESS
As visa curbs reshape student flow, NBFCs pivot to service newer destinations
NBFCs are adapting to tightening visa policies at popular study destinations by diversifying loan products, focusing on RoI, and offering flexible repayment structures to help students avail and repay education loans.
BUSINESS
Borrowing vs investing: When debt destroys your compounding power
Compounding can build wealth or destroy it; understand its power to harness it for long-term prosperity and avoid debt traps, especially high-interest ones, to achieve financial independence.
