A quick disclaimer to begin. My favourite tax-saving investment does not have to be your favourite tax-saving investment and we can always agree to disagree. We discussed “Things to consider before investing in a tax-saving product” in an earlier post. The post is a good primer on how to think about your tax-saving choices. My… Continue Reading
Ever tried to book railway tickets using a credit card? You would have quickly realized that you need to cough up 2% extra (1.8% + GST) to book your train ticket using a credit card. That’s a lot. For booking train tickets on IRCTC website, UPI and net banking are the cheapest modes. If you… Continue Reading
Who does not want to prepay a home loan early? By prepaying your home loan, you take a big liability off your back. This also ensures emotional and financial security for the family. The problem is that, for most middle-class families, the home loan amount is a multiple of their annual incomes. And you would… Continue Reading
Standard Chartered Bank recently introduced an interest-only home loan product. Well, no loan gets repaid if you just keep paying the interest. Therefore, in this product, you do not need to repay any principal for a few years. The regular EMI starts on the completion of principal moratorium period. In this post, let us discuss… Continue Reading
You own a credit card and use the card judiciously. You are aware of the benefits and flexibility that a credit card offers. You want that your home-maker spouse and your college going kids should also enjoy such flexibility. However, it is not easy to get a credit card unless you are earning. How do… Continue Reading
The Finance Minister presented the Union Budget 2022 on February 1 2022. I share a few important proposals from the Budget announcements. There were no fireworks on the retail taxation front with no change in income tax slabs or Section 80C investment limit. However, there is a good and bad news for crypto investors. #1… Continue Reading
You want to buy a laptop online and you don’t want to look beyond Amazon and Flipkart for this purchase. Let’s further assume that, on both the sites, the laptop is listed at the same price. However, there are discounts and cashbacks on specific cards. In such a case, unless you have a preference for… Continue Reading
You want to buy a term life insurance plan. How would you select a life insurance company? You would want to go with the “Best Life Insurance Company”. Wouldn’t you? And for that, most of us would look at the claim settlement ratio of the various insurers. Higher the better. IRDA recently released the annual… Continue Reading
That’s a question many of us grapple with. Do we own too many credit cards? Should we cancel some of the cards? If yes, which cards to cancel? What about the discounts or cashbacks you might miss out on? Or should we just keep the cards even if we don’t use them? What are potential… Continue Reading
It is a new year. A chance to look back at how the past year went by. Achievements, setbacks, things that went right and what could have been. And an opportunity to welcome the new year. Make new resolutions and set out to achieve with loads of optimism. We will leave your life resolutions to… Continue Reading