Money Talk

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Money Talk: Envelope budgeting

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Nowadays, earning more is not the only aspect in the equation to build wealth. As expenses have increased, managing spending patterns has become an even important part of the wealth-building exercise

File returns on time

Filing tax returns is an annual activity which must be fulfilled as a moral and social obligation by every citizen of this nation. This is a means for the government to determine the amount and means

Show you are creditworthy!

A borrower could find the process of availing a loan to be most cumbersome as it involves lenders weighing the pros and cons of parting with depositors’ money for a profit. Attempts to guage the risk

Foreign shores beckon

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If the Indian markets are worrying you and you want to look for other safe options to park your investible money, why not look abroad?

India is in high inflation mode and as a consequence the Reserve

Tips to create a ‘holistic’ household budget

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HIGH inflation has taken a toll on our monthly savings. One needs to make a conscious effort to manage our finances better!

Do you allocate a certain amount to be spent on the house, or is it a case

Invest in right fund to boost your savings

Investing can turn out to be a nightmare for those who end up investing in a wrong funds and lose out on their savings.

There are numerous funds available in the market bearing fancy names to attrac

Hybrid loans the best bet when rates are high

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As interest rates for home loans are on the rise, banks are trying to make them more affordable.

One such measure is the introduction of hybrid home loans.

Though this was introduced in India in 2

Getting out of personal loan

More often many of us consider a personal loan as the best option to meet contingencies. Opting for a personal loan without studying its terms and conditions and services could cost you more than what

PPF is a safe bet for future

Public Provident Fund (PPF) is a Central government debt scheme offered by many banks and post offices across the country.

It allows individuals to deposit a minimum of `500 or up to `70,000 per year

Prepayment good for clearing long-term loans

Prepayment implies closing the loan earlier than planned. Most banks impose a penalty on prepayment.

The prepayment can be charged in two cases. One, when you prepay with your own sources. In this c

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