Does easy access to loans make things affordable to you?

Getting loans has never been easier. More and more banks, NBFCs and fintech startups are making it easier to access loans. Some promising loans with just click of few buttons. You can fulfill most of your needs via a loan, even if you are short on cash.

Read More
Advertisements
Advertisements

Good debt versus bad debt

Good debt versus bad debt – How do you differentiate? Typically good debt creates assets and bad debts create liabilities. But there is more to it. Sometimes your need at that point of time can classify debt as good or bad. Few other times, you can know only with benefit of hindsight!

Read More

7 habits of well paid yet broke people

Earning good money – be it salary or business, is the first step towards a good lifestyle and being financially well off. Yet, it is not common for people to be well paid, have good lifestyle but financially struggling – almost broke. And for most, this is entirely avoidable.  But then, it requires a change in habits and changing the lifestyle that led to this. What are some habits of well paid but broke people?

Read More

Common credit card mistakes you should avoid

Credit cards often receives lot of flak – partly because of humans using it. Yet it can be a very good tool to manage your finances. And it can also be a starting point for financial quicksand – which can manifest itself in form of unending and snowballing payments – thanks to the high interest rates they charge. However, you can avoid getting into this quicksand by avoiding some common credit card mistakes. What are some common credit card mistakes you should avoid?

Read More

10 signs that you are living beyond your means

Living beyond your means is usually one of the first signs indicating the worrisome nature of your long term finances. It can eventually lead to a downward spiral of debt and debt repayment. Yet it is not common. One of the many reasons for this is not even realizing that you are actually living beyond your means.What are some signs that you are living beyond your means?

Read More

10 reasons why you should get out of debt

It doesn’t take rocket science to understand that being in debt is not good for your financial health. Yet, lot of us fail to act and fall into the cycle of loans & EMIs. While we often treat debt as a financial problem (which it rightly is), it can impact other aspects of life too.Here are  some reasons for why you should try to  get out of debt as soon as possible, in case you are stuck in a debt trap.

Read More

Read More

How compound interest works – for you and against you?

Compound interest is a powerful thing. If done well, the compounding machine can work wonders for your life. If not, compounding can work against you. Read more on how compound interest works – for you and against you

Read More

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.

Read More

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.

Read More

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!

Read More