In our parents’ generation, many had to wait almost till retirement to own a house. Now, with rising salaries and easy availability of home loans, you do not need to wait till your late 40s and 50s to purchase a house. Many want to take it to the other extreme and want to purchase a… Continue Reading
Higher education is getting expensive each year. Management education at any premier management institute in India will cost north of Rs 15 lacs for two years. And the high cost is not just limited to management education. Not everyone may have the resources to fund such education on own. Those who don’t have the resources,… Continue Reading
As the financial year draws to a close, the hustle for tax-saving products grows stronger. The human resources department of your company is after you for proofs of tax-saving investments. Last quarter of the financial year is anyways quite hectic. You are already under so much work pressure. Amidst that you need to find time… Continue Reading
Cost of higher education has been rising sharply even for the colleges in India. The fee for many programs has gone up by up to 5 times in the past decade. The fee for the top business schools ranges anywhere from Rs 15 lacs to Rs 25 lacs. And this is only for colleges in… Continue Reading
You can check the impact of prepayments on your home loan using our Home Loan EMI Calculator. You recently landed up a hefty bonus. You have the financial wisdom of not splurging the entire bonus amount on expensive gadgets or a long vacation. You have earmarked a significant amount to prepay existing debt. But, there… Continue Reading
One of the vital assets a country needs for economic prosperity is an educated population. Economic prosperity cannot be achieved by plentiful natural resources alone. (Of course, there are exceptions like the gulf region which has plentiful deposits of hydrocarbon, and most of the population is not highly educated. They manage with expatriate talent). While… Continue Reading