Imagine this: you've just landed your dream job, and the congratulations haven't even stopped! But amidst the excitement, a tiny voice whispers, "How will I manage all this money?". If this sounds familiar, welcome to the wonderful world of personal finance! What is Personal Finance? Think of personal finance as the fitness plan for your money. It's about taking control, … [Read more...] about Understanding the Basics: What is Personal Finance?
personal finance
Early Retirement | Is It Worth The Hype? What are the pros & cons?
Early retirement is doing a lot of buzz these days. People from various sectors are so much attracted to this concept of retiring early. This concept of early retirement also has a cool phrase attached to it - Financial Independence, Retire Early (FIRE). This term actually denotes a movement that involves a strictly frugal lifestyle accompanied by rigorous savings and … [Read more...] about Early Retirement | Is It Worth The Hype? What are the pros & cons?
SIP Pausing: A Useful Tool for Mutual Fund Investors
Systematic investment plan (SIP) is a popular way to invest in mutual funds. It allows investors to invest a fixed amount of money at regular intervals, such as monthly or quarterly. This is a disciplined and convenient way to invest, and it can help investors to achieve their financial goals over the long term. However, there may be times when investors need to pause their … [Read more...] about SIP Pausing: A Useful Tool for Mutual Fund Investors
What Is FD Laddering? How Is It Better Than Regular FD? | Try FD Laddering To Maximise Your Profits!
FD laddering is an investment strategy that involves dividing your investment amount into multiple fixed deposits (FDs) with different maturity dates. This creates a "ladder" of staggered maturities, which gives you the flexibility to access your money as needed while still earning a good return on your investment. For example, let's say you have ₹100,000 to invest. You … [Read more...] about What Is FD Laddering? How Is It Better Than Regular FD? | Try FD Laddering To Maximise Your Profits!
Pros And Cons Of Increasing Your Credit Card Limit – How To Increase Your Credit Card Limit?
You might have already received calls from your credit card company, or the bank about increasing your credit card limit. Or you may need to increase your credit card limit to suit your spending needs. It is important to note that increasing your credit limit can have positive and negative consequences. What is a credit card limit? A credit card limit is the maximum … [Read more...] about Pros And Cons Of Increasing Your Credit Card Limit – How To Increase Your Credit Card Limit?