If the credit card is not used judiciously, it can cause havoc with one's personal finances, warns Sarbajeet K Sen.
NSC scores high on all three parameters that conservative investors are seeking -- safety, tax-adjusted returns and liquidity.
Secured credit cards offer benefits similar to regular credit cards and hence an applicant should try and get a card with lower fees and more features, suggests Sarbajeet K Sen.
While buying a term plan, do check how much money will be paid in lumpsum and how much of the money will come to the surviving family as a regular payout, suggests Sarbajeet K Sen.
Investors should consider debt mutual funds, banks fixed deposits or high-rated corporate debt instruments.
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