How do psychological biases affect us?

Mental biases refer to having a biased perspective in seeing things around. Such psychological biases influence our thought process profoundly as our thoughts are based on our perception. Moreover, It is our thoughts which shape up our beliefs and our behaviour in our day to day lives.

ZERO EMI with ZERO interest – how is it possible?

Do you know that there is no cost EMI offered by the largest e-commerce websites of India, Viz Amazon, and Flipkart? Yes, no cost means that there is zero interest, zero down payment, and zero processing fee needed to process the EMI. Wow! That looks so lucrative but how do you think is this possible? If you remember, RBI had notified on 17th September 2013 that no financial institutes can offer ZERO percent interest loans. So, how do you think e-commerce websites manage to provide no-cost EMI with absolutely free interest.

ZERO EMI with ZERO interest – how is it possible?

ZERO EMI with ZERO interest – how is it possible?

ZERO EMI with ZERO interest – how is it possible?

ZERO EMI with ZERO interest – how is it possible?

ZERO EMI with ZERO interest – how is it possible?

ZERO EMI with ZERO interest – how is it possible?

ZERO EMI with ZERO interest – how is it possible?

ZERO EMI with ZERO interest – how is it possible?

ZERO EMI with ZERO interest – how is it possible?

ZERO EMI with ZERO interest – how is it possible?

ZERO EMI with ZERO interest – how is it possible?

ZERO EMI with ZERO interest – how is it possible?

ZERO EMI with ZERO interest – how is it possible?

Why are mutual funds so promising?

If you don’t understand the stock investment and still want to invest in it, then, mutual funds are a likely bet for you. Investing in mutual funds is pretty much like outsourcing your investments to a stock investment expert.

How to make your kids learn the value of the money?

Do you find it annoying to buy one toy after the other, and, yet your child keeps demanding a new one? Do you get tired of dealing with the wastage of clothes, food, and toys by your kids just because they have their own choices, preferences, and likings? Do you wish to teach the true value of money to your kids but do not know how to do that?

How do banks make money off you?