10 practical tips for youngsters to save money

It’s easy to say – save money. But it is not always as easy to actually save money as giving advice to save money is! Without much conscious efforts in budgeting and understanding your spends, you are unlikely to save much. Or worse, you may fall into a debt trap Here are 10 practical tips for youngsters to save money.

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10 tips to avoid getting into a debt trap

Love for debt (and EMI driven lifestyle) can be detrimental to your financial life.  It can make compounding work against you and may deter you from reaching your financial goals. Hence, it is important to avoid getting into debt trap if one is aiming for financial independence or partial financial independence. Here are 10 tips to avoid getting into debt trap.

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Tips to get out of debt

Debt, more often than not, is bad for your personal finance. The burden of servicing debt and paying your EMIs can make compounding work against you. Being in debt can make you pay a much higher price than you ought to be and have a long term implications on your financial journey.But if you have debt, and multiple types of debt, how do you get out of it? Here are some tips to get out of debt.

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25 financial tips for a 25 year-old

If you are 25 year old, there is a good likelihood that you would have started working or are likely to start soon. And hopefully start(ed) managing your own finances.So, what do you do next? Here are 25 financial tips for a 25-year-old!

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How compounding can work against you?

Compounding can work wonders for your financial life. But, there is a catch. This assumes that you are prudent and wise with your money. Unfortunately, most of us aren’t. And this is a perfect way to make compounding work against you.

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10 reasons why people take personal loans

Running short of cash and the need is immediate? Dan’t worry, there is always a personal loan in the offing. Personal loans are, of late, not too difficult to access if you have a relatively stable source of income. In fact lot of banks & NBFCs have made a good business out of selling personal […]

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10 lifestyle traps that you should be wary of

Chasing lifestyle may be good for your self esteem, but chasing it indiscriminately without worrying much about your finances can soon put you on the road to financial doom. Unfortunately, this can happen even if you have lot of money to begin with. It is not uncommon to hear of celebrities occasionally going bankrupt. Isn’t […]

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How to make best use of credit cards in India

Credit cards can be an amazing tool to manage your finances, get good deals and some excellent rewards. All you need to do is understand some credit card hacks and be on lookout for deals! However, before starting on how can you make the best use of credit cards, you need to be sure if […]

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Expenses that can set your financial plans back

It is good to have a financial plan. It enables you to have financial resources ready when you may need them. At the same time, it enables you adapt your lifestyle in alignment with the desired goals. But the ride is not always as straightforward as the excel sheets with projected expenses & rate of […]

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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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