Are you in a virtual debt trap?

Have you ever been in a situation where you have savings to buy something, but choose to buy it taking the loan/ EMI route? If the answer is NO, you are hopefully taking a right approach towards your financial life. If the answer is YES, then you are in a virtual debt. And you are […]

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Why do people lose money in stock market?

Ownership of good quality stocks has often been associated with wealth creation and financial independence. There have been several people who have made a good amount of wealth via stock markets – by investing, staying invested or trading. At the same time, there are many more who haveĀ  failed to emulate them, or lost money […]

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5 common mistakes while planning taxes

If you’re a salaried person, it’s that time of the year – time when you’ll probably scramble around to get proof of investments and tax saving. No? If not, then hopefully you are well sorted in terms of tax planning, and the below content may not be too relevant to you! There are several ways […]

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19 financial mistakes to avoid in 2019

As the new year begins, I wish everyone a very Happy New Year. I am hoping that this year, I’ll make better financial decisions and hopefully people reading this will also do so. One good first step can be to avoid making bad financial decisions and keep improvising. Here are some financial mistakes one can […]

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Worst loans and debts that you should avoid

Giving loans is a lucrative business. Business of banks and financial institutions rely on people taking loans and then repaying it, thus giving them profits. Many have built a fortune based upon giving loans. Loans also serve an important function for the economy by being a facilitator to businesses, housing, automobiles and other elements of […]

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Basic principles of handling personal finance

How you handle your personal finances can go a long way in determining you overall financial well-being. If you are good at handling it, you can be on path to financial independence even with a decent (not necessarily high) income. Conversely, if you don’t handle your personal finances well, you may end up never being financially independent even though you may be making tons of money. In this post, I’ll be sharing my take on basic principles of handling personal finance!

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You should stop using credit cards now if …

Credit cards are often too attractive to resist. Many of them come loaded with some good welcome gifts, some good offers, a good credit period and the promise of enabling you fulfill your dreams via credit limit. Yet, for many people, especially first timers, this euphoria vanishes before few months. The underlying reason for most […]

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Are you falling into a lifestyle trap?

Almost everyone wants to have an amazing lifestyle – with best possible food in best possible places, awesome travel destinations, a swanky car, few trending gadgets, elite memberships and many other symbols which can proudly announce – “I have arrived”.   Yet a lot of us get so obsessed with chasing this lifestyle that before […]

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5 mistakes to avoid while buying a house

Buying a house is a big decision for most of the people. And more so for a first time buyer. And for someone who can afford it (with home loan and associated EMIs, most of the times) it is not an uncommon investment. In fact, lot of buyers buy homes as a investment, rather than […]

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Why you should stay away from personal loans?

It is not uncommon to see people taking personal loans. It is also not uncommon to see banks & NBFCs pushing for personal loan. For the users, personal loans provide immediate cash to fulfill their requirements – e.g. funding a wedding, vacation, house construction or repairs, buying furniture, unforeseen medical emergency and so on. For […]

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