The story behind credit card debts and personal loans

Any one with even an iota of interest in personal finance & its workings would probably know that credit card debts and personal loans are usually the worst kinds of debt traps that you can fall into. Yet many people fall into that trap again and again. Many of them do come out of it […]

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What’s the purpose of investing?

“Investment” – This word is much used and often much abused one. One keeps on hearing this almost all the time be it in office or catching up with friends or attending a family functions – almost everywhere. More so when we are fed with lot of information about how one needs to make money […]

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Assured returns from stock markets?

Stocks (and hence mutual funds) are often sold as something that give “assured” long term returns over a period of time. While this has been true for most of the times, and all time if we consider a long enough time horizon in India’s recent history but is this always true?

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Should you take a car loan?

Taking a loan for buying a car, and paying around 10 percent interest on it is not uncommon. On one hand it gives ownership of a car while on other hand it makes you feel the pinch of EMIs. But is taking a car loan worth it?

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Should you invest in real estate in India?

How often have you heard that – Real estate prices never fall? Given the recent woes in the sector, this is no longer true for most of the markets in India. And the question of whether real estate sector is worth investing, especially for investing purpose, remains. Let’s look at some arguments made by pro-real […]

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Credit Cards – Boon or Bane?

There are people who love splurging, thanks to credit card. There are people who avoid credit card like plague, due to fear of overspending or online frauds? There are people who love credit cards due to rewards they offer. Which category do you belong to? _____ Credit cards can be an amazing tool to manage […]

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End of the car loan – A very short story

Rahul heaved a sigh of relief. Finally his loan tenure was over, and his car was paid for. The loan which took away some chunk of his not-too-high-but-not-too-low salary was all paid for and he was the owner of a not-so-new Honda City now. Not that he needed it in a city like Mumbai where […]

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Some Observations About Personal Finance

Of late, I have been observing people around and specifically trying to understand their attitude towards personal finance. And during several of several such observations, I have realized that there are a lot of things that people are probably not doing right. While everyone has his or her own priorities while planning for personal finance […]

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