How to Plan Monthly Budget – A Step-by-Step Guide Maintaining a monthly budget is the one financial habit that will help you stay on track with your finances. Setting up a budget makes it easier for you to plan expenses, see where your money is going, and easily reach your financial and personal goals. If […]

Interest Rate Swap: Meaning, Benefits and Types What is an Interest Rate Swap? An interest rate swap (IRS) is a contract where two parties agree to exchange interest payments for a specified principal amount and duration. These derivatives are traded over the counter (OTC) and can be tailored to meet the needs of the parties […]

What is Masked Aadhaar Card? Meaning, Uses & How to Download Are you aware of the smart approach the Unique Identification Authority of India (UIDAI) developed in response to growing concerns around data security? We are discussing The Masked Aadhaar Card, one of the solutions developed by UIDAI in response to fraud and data theft. […]

What Is a Letter of Credit and How Does It Work? A letter of credit is a financial document issued by a bank that guarantees a buyer’s payment to a seller within a specified timeframe. It is used primarily in international trade transactions to mitigate risks, ensuring that all parties involved fulfil their contractual obligations. […]

The Dos and Don’ts of Personal Finance Planning While financial goals give you direction and purpose to build a brighter future, a financial plan is the roadmap towards it. In fact, it is a strategy that defines the goals and steps you should follow to achieve them.  To create one, you need to carefully assess your […]

Debt Trap – What it is And How to Avoid It? Using products like credit cards, instant loans, etc feel like a quick solution for all your money needs. And there are many advantages of using them smartly. But it is a double-edged sword, and if used recklessly, can affect your finances negatively by putting […]

8 Finance Goals to secure a better future Goals give you a direction and purpose to move forward with everything you want to achieve. Even when it comes to money.  Financial goals can help you create a roadmap for a brighter financial future. But something that’s more important than setting personal finance goals is setting the […]

A Beginner’s Guide to Investing in India Investing your money is a powerful way to increase your wealth and secure financial stability. It is the process of allocating your money in assets with the expectation of gaining profits over a period of time. When it comes to investing in India, you have multiple options like […]

How to Build An Emergency Fund? The way seatbelts protect you during accidents, an emergency fund protects you during unforeseen times like loss of job, medical emergencies, or unexpected expenses.  What is An Emergency Fund?   An emergency loan is money that you should put aside to cover at least 3-6 months of your monthly […]

Basic Finance Concepts for Beginners Financial literacy is the first step towards taking control of your money. It makes you independent and helps you in making more informed decisions about spending, saving and investing. It’s never too late to start learning about personal loan. You might have a lot of questions on basic finance concepts […]

Top Reasons for Salary Delay: Best Ways To Deal with Them Have you ever found yourself anxiously checking your bank account, waiting for salary to be credited, only to disappointed that it hasn’t come on time? Many of us would have gone through this frustrating experience, unsure of what to do next. Even a few […]

What is NBFC? Types and Difference Between Bank vs NBFC We are living in a generation that likes to have their financial activities taken care of even before they drink their first cup of coffee! And it is only fair. Forget the millennials, why should anyone waste their precious time waiting for a simple approval? […]