Category: Personal Finance
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In the realm of home loans, understanding the nuances of repayment is paramount. Among the various strategies, the 3-20-30-40 rule stands out as a simple yet effective method. Let’s delve deeper into what this rule entails and how it can benefit Indian homeowners. What is the 3-20-30-40 Rule? The 3-20-30-40 rule is a straightforward guideline…
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Buying a car is an exciting milestone, but it also requires careful financial planning. The 20-10-4 rule offers a simple yet effective framework to make informed decisions about taking a car loan in India, ensuring you manage finances while driving home your dream car. This blog post decodes this how much should you spend on…
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In the world of banking and finance, an overdraft facility is a term frequently used but often misunderstood by account holders. It offers a financial cushion during times of temporary cash flow shortages, providing flexibility and convenience to account holders. In this comprehensive guide tailored for the Indian audience, we’ll delve into the concept of…
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When it comes to parking surplus funds or saving for future goals, individuals often debate between bank fixed deposits (FDs) and savings accounts. Both options offer different features and benefits, catering to varying financial needs and preferences. In this comprehensive guide, we’ll delve into the comparison between bank FDs and savings accounts, helping Indian savers…
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Gold and silver have long been prized for their intrinsic value, serving as safe-haven assets and stores of wealth throughout history. As investors seek to diversify their portfolios and hedge against economic uncertainty, the debate between gold and silver as investment options continues. In this comprehensive guide, we’ll explore the key differences between gold and…
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Buying a house is a significant financial decision that involves careful planning and consideration of various factors, including the purchase price and additional charges. In addition to the property cost, homebuyers in India need to be aware of additional charges associated with the transaction. In this guide, we’ll explore the various additional charges incurred when…
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In today’s dynamic world, financial security is more crucial than ever. While actively earning income is essential, the concept of passive income has gained significant traction, offering individuals the opportunity to generate income streams that require minimal ongoing effort. This blog post dives into various passive income ideas for Indians, empowering you to explore potential…
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In India, where family bonds are deeply ingrained, retirement often conjures images of spending quality time with loved ones. However, translating this vision into reality requires more than just wishful thinking. Retirement planning emerges as the cornerstone of a secure and fulfilling post-work life, ensuring financial stability and peace of mind. The Evolving Landscape of…
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In today’s fast-paced world, financial emergencies can arise unexpectedly, necessitating quick access to funds. Pre-approved personal loans offer a convenient solution by providing pre-qualified borrowers with instant access to funds without the hassle of lengthy approval processes. In this comprehensive guide, we’ll delve into the workings of pre-approved personal loans in India, exploring how they…
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When it comes to financial planning and securing the future of your loved ones, insurance plays a crucial role. However, with various insurance products available in the market, understanding the differences between term insurance and life insurance is essential for making informed decisions. In this comprehensive guide, we’ll delve into the distinctions between term insurance…
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For small business owners in India, managing taxes effectively can significantly impact the bottom line and overall financial health of the business. With the right tax planning strategies in place, small businesses can minimize their tax liabilities while maximizing their savings and profitability. In this guide, we’ll explore actionable tax-saving tips specifically tailored for small…
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In the world of investing, simplicity and long-term consistency often lead to success. The “Coffee Can Portfolio” is a strategy that epitomizes these principles, offering investors a straightforward approach to building wealth over time. Originating from a practice where investors would buy stocks and literally stash the certificates in a coffee can, this strategy emphasizes…
