5 money saving habits that can actually prove costly

Saving money is difficult. It requires a certain degree of self control and ability to delay gratification. There are lot of money saving hacks you can find from all around. A casual google search can reveal  hundreds of such hacks.  Lot of them can actually help you save a decent amount of money. Yet, there […]

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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.

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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

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5 tips to avoid lifestyle inflation

Lifestyle inflation is the rise in your expenses when your earnings go up. So when you get a pay hike, or switch to a better paying job or get an unexpected (or expected) bonus, your lifestyle has a tendency to upgrade. If your lifestyle in inflationary, your new expenses are likely to eat up any […]

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Real cost of buying a home for investment

Real estate has been one of the most popular investment options among people. People buy it either for living or as an investment. Among other things such as rental income & price appreciation, the pride and satisfaction of owning a home is one of the reasons why people invest in real estate. However, what is […]

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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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Financial Independence versus Financial Freedom

Are financial independence and financial freedom the same thing? While they are often used interchangeably, and there might be lot of overlap, they are not essentially the same thing. If you do a basic Google search, you may find varying accounts of both of these – financial independence as well as financial freedom. The assumptions […]

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Prerequisites before aiming for financial independence

Want to become financially independent (or partially financially independent? ). There is no magic wand but to earn decently, save & invest well and keep expenses low. Doing this, you may reach closer (at your own pace, depending upon your pace!). However, before beginning the journey towards financial independence, there are certain prerequisites, that you […]

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