Because a settled account will do more damage to your credit history than you can imagine.
Not being aware of your spending patterns or going overboard with your festive season spends on your credit card can land you in serious trouble later.
Now that you have clicked on this sensational headline do read what follows. It will not make you a millionaire in 15 days but lays a solid foundation for you becoming one.
Here are some great books on personal finance and wealth creation that tell you all about how to avoid a debt trap and transform the way in which you handle your finances.
After two surprising, successive rate cuts in January and February 2015, RBI governor Raghuram Rajan decided not to reduce them further in his first policy announcement in the new financial year. Is he playing spoilsport for consumers of homes and cars?
Don't hit the buy button as soon as you hear of the next BIG online sale this Diwali. Here are some very important lessons -- in the light of how some online shoppers felt cheated after Flipkart's 'Billion Day Sale' -- that could save you time, money and peace of mind, says Rajiv Raj!
With unlimited youthful energy, a capacity to earn more and wonderful years ahead of them, students definitely need to learn about handling money matters early in life. Here's a good starting point
Making an informed choice will help you save money and some hassles too.
Applying for a home loan may seem scary if you go into the process unprepared, but if you have braced yourself well in advance and follow these steps you will find that getting your home loan application approved is a breeze.
'Nowhere amidst the efflorescence of 13 military bands, 16 marching contingents and 22 tableaux was there any hint that far from being a rich country of poor people, the closely guarded secret is that India is a poor country of extremely rich people,' notes Sunanda K Datta-Ray.
How should you, as a consumer, be prepared for a rate cut, if any? Read on to find out more.
Announcements will be made on airplanes, ships, metros and at railway stations when India achieves its target of 100 crore COVID-19 vaccine doses while private carrier Spicejet will wrap its planes with posters of this milestone carrying images of Prime Minister Narendra Modi and health workers, health minister Mansukh Mandaviya said on Thursday.
There are other charges too that you need to budget for
Spending money to make this day special is the easiest way out, but also very predictable and boring. Some creative thinking and you can indeed spend less money and have more fun!
A fall in home loan rates since last September as well as a few provisions in the Union Budget 2016-17 are working in favour of the home buyers, says Rajiv Raj
'It's unfortunate that the prime minister prioritises his own image over the humanitarian situation that is unfolding in Manipur, prioritising his ego over the atrocities that women and tribals have had to suffer in Manipur.'
Just in case you have surplus funds and are thinking about it, here are some pros and cons you must know...
The PNB fiasco falls into a family line that involves non-fund limits - read contingent liabilities which are off-books. Harshad Mehta did it with bankers' receipts in 1992. Ketan Parekh exploited the ignorance of bankers who did not know the difference between a cheque and a pay-order. And the RBI blinked when it failed to insist the SWIFT platform be linked to the core banking solution. Raghu Mohan & Abhijit Lele trace the banking mess that was just waiting to happen.
Here's what the 44th President of the United States can teach you about making money.
Before taking the plunge and being a co-applicant, make sure that you are aware of the rights and responsibilities that come with it!
Seven years after Modi took office, merchandise exports were lower in 2020-2021 than when he had taken over from Manmohan Singh, points out Aakar Patel.
Lenders have lined up a number of home loan products that can fit every aspirant's annual income.
A woman can do many wonderful things if she wishes to, and one of them is to grow her money.
Chinese President Xi Jinping, who kicked off his India visit on Wednesday from Gujarat, visited the Sabarmati Ashram of Mahatma Gandhi in Ahmedabad where Prime Minister Narendra Modi gifted him a copy of the Gita written in Chinese language.
Here's a dummy's guide to the home loan fee maze
While we have our wish lists ready, it's only on February 28 that the verdict will be out. We do hope the FM plays Santa and brings some good cheer in this financial year. Meanwhile let's take a moment and list our expectations.
You are already a superwoman! Now add another feather to your cap by driving your own financial planning.
Take advantage of the reduced interest rates offered by banks and the tax benefits to make it a lucrative deal
Such classfication brings with a high cost, including closing of formal credit channels, and likely criminal proceedings.
Women are multitasking and management queens. The pointers here can easily be managed by all women along with juggling their current tasks at hand. Superheroes are fictional whereas superwomen are real. They are all around us!
A mortgage is a great responsibility that you must bear on able shoulders for a long period of time. If you already have a mortgage or are planning to avail of one soon, you are obviously confident of your finances, but a few tips to save money on your home loan couldn't hurt, right? Read on to find out more!
He said there should be no politics on the issue as it relates to the rights of Muslim women.
One might wonder what's wrong if one were to get the best of both worlds by buying one product. There are basically two problems... cautions Rajiv Raj
Worried about your financial future? Lord Ganesha has some tips for you.
So what if your bank has imposed/will impose a transaction fee of Rs 20 for using ATMs after your fifth visit in a month? You can still remain within your free transaction limits and avoid being charged at all. Wondering how it is to be done? Read on.
If banks won't lend, seek a loan from fintech lenders or P2P platforms to help you get out of a debt trap.
Security and intelligence agencies will soon be provided with a new platform which is technologically advanced, secure and helpful in dealing with new age criminals and anti-social elements, officials said on Wednesday.
Being careless with money is often associated with bad financial habits. If you are not aware of what these bad habits are, here is a list that could well serve as a caution.
If you have plans to buy a new home in 2015, there's good news for you
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