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My Experience With Transferring Mutual Fund Units in Demat Form

My Experience With Transferring Mutual Fund Units in Demat Form

I recently wanted to close one of my Savings Bank Accounts I had with a private bank. When I approached the bank, I was informed that I need to close the linked Demat account before the Savings Account could be closed. And I was also informed that I could not close the Demat account until...
Buying A Home on Loan Only for Saving on Taxes is Not a Good Idea

Buying A Home on Loan Only for Saving on Taxes is Not a Good Idea

Buying a home is a major financial decision that every person takes in her life. A home is treated as a major investment. For many middle-class families in India and other developing countries, owning a home is a matter of prestige. Easy access to credit made many people around the world to buy a home...
What Should You Do During this Market Correction?

What Should You Do During this Market Correction?

The Indian Stock market has been falling for the past few weeks. From a peak of 36,283 reached on January 29, 2018; the Sensex fell by 10.2 percent. Given the high valuations of stocks which are not backed up by corporate earnings, many analysts opine that the market correction is overdue. Markets may fall further...
How to Save on Your Education Costs and Avoid Student Debt

How to Save on Your Education Costs and Avoid Student Debt

Education helps a person to grow in life by imparting him with the requisite skills and knowledge. The importance of education makes young people spend a lot of money on getting a degree from a good university. The cost of education is rising all over the world. Students in developed countries like USA shell out...
Five Tips to Save Yourself from Falling into a Credit Card Debt Trap

Five Tips to Save Yourself from Falling into a Credit Card Debt Trap

Credit cards make life easy for their users. They make it very convenient to pay for purchases without the need to carry cash. The amount spent on making purchases using the credit cards can be repaid after a free credit period offered by the credit card providers. When not utilized properly, credit cards could result in...
Tips for Managing your Health Care Emergency Fund

Tips for Managing your Health Care Emergency Fund

Having a health care emergency fund will help in handling medical emergencies well. Some modern medical procedures are prohibitively expensive and middle-class families will find it difficult to bear the expenses without adequate preparation. One of the best ways to face a big medical bill is by having a health care emergency fund. A health...
Top 5 Benefits of Using a Mobile Payment Wallet

Top 5 Benefits of Using a Mobile Payment Wallet

Mobile wallets have evolved into a true alternative to conventional credit cards and bank accounts. Using mobile wallets, consumers can quickly pay for their purchases without the need to carry cash or cards. When compared with cash and other payment options, mobile payment wallets provide a number of benefits to their users. The top 5...
How to Get the Maximum Benefit Out of Your Credit Card?

How to Get the Maximum Benefit Out of Your Credit Card?

Use of credit cards has been on a rise since the demonetisation of currency notes in the year 2016. The boom in the economy also made credit card issuers to come up with innovative offerings in the form of more types of credit cards and superior reward programs. A credit card provides a number of...
Should you Pay Annual Fee on a Credit Card?

Should you Pay Annual Fee on a Credit Card?

The credit card market is booming in both India and USA. The growth in the global economy and increased consumer spending made credit card issuers to come up with new types of credit cards and offers targeted at consumers. Some credit cards come free without any annual fees. But a number of credit cards have...
Gujarati Entrepreneurs and Tamil Managers

Gujarati Entrepreneurs and Tamil Managers

I remember reading an article on Gujaratis published in The Economist a few years back. The article talked about how Gujaratis have businesses in all the countries in the world with political stability. Many of the big Indian businesses too are run by Gujarati entrepreneurs. However, many of the senior executives in Indian businesses are...