What is Debt Consolidation: Is It The Right Strategy For You?
Your Money

What is Debt Consolidation: Is It The Right Strategy For You?

Were you aware that the EMI for home loans has spiked around 20% over the last couple of years? People issuing credit cards to pay for both basic and non-essential needs are also seeing a major rise over the years. Just look at the infographic below to see the rising trend. ⤵️

Continue Reading about 5 months ago
What is Shared Equity Mortgage?
Your Money

What is Shared Equity Mortgage?

Have you ever imagined owning your home only to be met with the harsh reality of sky-high property prices and hefty loans? It's a common story for many of us dreaming of a place to call our own in this diverse land. But what if there was a way to make this dream more achievable without emptying your 'khaata,' offering a path to homeownership that's more feasible and financially sound? 

Continue Reading about 5 months ago
Smart Investment Alternatives for Beginners
Your Money

Smart Investment Alternatives for Beginners

Investing is a powerful weapon for achieving your investment goals, even if you're not a financial whiz. In fact, it is essential for people with little or no financial knowledge. So, what if your non-financial intellect isn’t aware of the difference between a stock and a bond? You can still invest and achieve your financial goals. All you need is a little guidance and support; for that, Insider is here. 😎

Continue Reading about 5 months ago
 Loan Repayment Strategies for Investors
Your Money

Loan Repayment Strategies for Investors

Imagine you are hiking a mountain with a heavy backpack. 🎒 You're excited, motivated, and ready to reach the top. But soon after, you realise that the heavy load you're carrying is slowing you down, making you tired, and the mountain harder to climb.

Continue Reading about 5 months ago
Exploring the Weightage of Different Factors in CIBIL Score Calculation
Your Money

Exploring the Weightage of Different Factors in CIBIL Score Calculation

In India, your financial health is often represented by a three-digit number known as your CIBIL score. The Credit Information Bureau (India) Limited, commonly referred to as CIBIL, is one of the leading credit bureaus in the country responsible for generating these scores. Your CIBIL score is a critical factor that lenders, banks, and financial institutions use to assess your creditworthiness when you apply for loans, credit cards, or any other form of credit. It's essential to understand how a CIBIL score is calculated and what factors contribute to it.

Continue Reading about 5 months ago
5 Tips to Maintaining a Healthy Mutual Fund Portfolio
Mutual Funds

5 Tips to Maintaining a Healthy Mutual Fund Portfolio

Have you ever noticed? When you type "mutual fund" and go to your search engine's "image" section, there are photos of plants symbolising money in half of the results 🪴. The banner image of this article is a good example of this pattern. This makes one think, why plants? Are graphic designers simply out of ideas?

Continue Reading about 6 months ago
The Role of a Financial Advisor In Personal Finance
Your Money

The Role of a Financial Advisor In Personal Finance

Figures, charts, financial ratios, and multiple calculations, the realm of finance can be complex most times. Amidst all the complications stands an individual with expertise in everything finance. These perfectionists are like a beacon of light, showing hope to citizens who wish to realise their dreams and plans for the future. 🌄

Continue Reading about 6 months ago
How to Build a Good Mutual Fund Portfolio?
Mutual Funds

How to Build a Good Mutual Fund Portfolio?

Do you know what a Multi-Purpose Vehicle (MPV) is? An MPV is a vehicle with various seats for people of all ages, body types, and numbers. There are spacious couch-like seats for adults to sit and enjoy, small ones with seat belts for children to be confined securely, and comfy rear seats to accommodate the frail bodies of old-age citizens. In the world of investments, mutual funds are like an MPV. 🚘

Continue Reading about 6 months ago
The Simple Interest Guide to Growing Money
Finance

The Simple Interest Guide to Growing Money

Welcome to the world of finance made simple! Today, we're going to dive headfirst into the concept of Simple Interest, the kind that won't make your head spin with complicated calculations. 

Continue Reading about 6 months ago
Ayushman Bharat: Transforming Healthcare in India
Macro Moves

Ayushman Bharat: Transforming Healthcare in India

Do you know what's the best gift you can offer someone? Materialistic items like money, travel, and the coolest merchandise might have popped up in your head right now. Though these things certainly make it to the list, they are not the ones topping the charts. Guess, guess! 🤔

Continue Reading about 6 months ago
What is the Annual Percentage Yield and How is it Calculated?
Your Money

What is the Annual Percentage Yield and How is it Calculated?

What if I told you that your money could be working harder than just sitting in your savings account? Seriously, it's not a joke, and you don't need a degree in finance to do it. You can actually earn a bit more than your savings account interest rate. Interested in making your money work for you? Well, you're in the right place.

Continue Reading about 6 months ago
 Mistakes People Make While Investing in SIPs
Mutual Funds

Mistakes People Make While Investing in SIPs

Let's visualise a full-grown tree. 🌳 Imagine it standing tall and proud, its branches laden with fruits and leaves. The climate, soil, water, and sunlight; all have played a role in transforming a tiny seedling into a thriving tree.

Continue Reading about 6 months ago
How to Get Your Insurance Claim Approved, Even If It
Your Money

How to Get Your Insurance Claim Approved, Even If It's Been Rejected

Life is unpredictable, and it comes with a custom-made clock, tick-tocking the minutes and seconds until things take a turn for the worse. The minus point of this ever-present clock is that it is invisible, and no one can hear the countdown. ⏰

Continue Reading about 6 months ago
National Pension Scheme (NPS): Easy Retirement Planning
Your Money

National Pension Scheme (NPS): Easy Retirement Planning

Breezy air flowing through my hair and sweet orange juice in hand while vacationing in an exotic foreign location- that is my vision of a perfect retirement. 🍹 We all have something planned for what we would like to do in our retirement years. Many think of buying a gorgeous house, while others, like me, wish to explore the different corners of the world. Retirement for Indians typically begins at age 58 or 60 but can vary depending upon the goals of individuals.

Continue Reading about 6 months ago
Radhakishan Damani’s Investments: A Portfolio Overview
Stock Market

Radhakishan Damani’s Investments: A Portfolio Overview

Are you searching for investing shortcuts, seeking the next big opportunity, or simply interested in the investment approaches of the financial legends? 

Continue Reading about 7 months ago
Exploring the Benefits and Risks of Floating Rate Savings Bonds
Your Money

Exploring the Benefits and Risks of Floating Rate Savings Bonds

Whenever we require assistance, especially in terms of money, we often turn towards our friends, family, or parents for assistance. Similarly, when the government needs funds for its various projects, it approaches the Apex Bank of India, aka the Reserve Bank of India, to raise money from the general public.

Continue Reading about 7 months ago
Why are FIIs interested in these Mid-Cap stocks?
Stock Market

Why are FIIs interested in these Mid-Cap stocks?

Foreign Institutional Investors (FIIs) have been pouring a lot of money into India's stock market in recent years. In fact, the total FII investment in all types of instruments till date has been ₹15,30,394.43 crore! 

Continue Reading about 8 months ago
Fixed Rate Bonds: Low Risk Investment Option or Danger in Disguise
Your Money

Fixed Rate Bonds: Low Risk Investment Option or Danger in Disguise

Things in life are hardly fixed. Whether it is about the salary one may receive or the amount of rain a region can expect, this issue doesn’t have to be the case with your investments as well. If you are the type of investor who wishes to earn a prior set interest regularly, then fixed-rate bonds are the perfect option for you.

Continue Reading about 8 months ago