India is an under insured country – across the board, life, medical, property or others. The only area where insurance penetration is high is with vehicle insurance without which you won’t get the registration. Let us look at each category to find out your insurance requirement, in the order of importance Medical Insurance Yes, Read More …
Month: January 2016
Bank rejected your loan application? Redeem your CIBIL score
There are many who are victims of a bad credit score. People don’t pay the amount on time, attract late charges and interest on the payments. They update those non-payment details in CIBIL which tracks your loan repayment history, screwing up your CIBIL credit score. This inturn might lead to banks/loan providers rejecting your loan Read More …
Why credit card is the best gift from banks
Woah! some guys may find it outrageous for that statement, but yes, I stick to my title. Here are the benefits – Interest free spending – Most credit cards give a 45-day free credit period. With a limit of Rs.1.5 lakh, it comes to upto Rs.3000 monthly savings on interest if used. Forget about Read More …
Real secrets for building wealth
There’s this famous conversation between a prude lady and a carefree gentleman: Lady: Do you smoke? Guy: Yes I do. Lady: How many packs a day? Guy: 3 packs. Lady: How much per pack? Guy: $10.00 per pack. Lady: And how long have you been smoking? Guy: 15 years Lady: So 1 pack is Read More …
How this trick reduces your home loan EMI to 1/5th of the original amount
So, you’ve bought a home or planning to buy one. Questions such as : How much loan should I take? How much EMI should I pay? Should I pre-pay my loan? All these questions pop up when you are planning one. Ask me, because I’ve been through the pain myself. Here’s what I recommend. Read More …
How a bit of financial planning helped me quit my high paying job for my startup dreams
I’m Obu, a typical IIT IIM graduate with a very atypical story. I found out about the existence of IITs only in grade X. I qualified, graduated and got snapped up, most predictably, by a bank. After a few years of corporate career, I decided to venture out on my own, much like many of Read More …