Struggling with credit card debt? You make small payments on your credit card every month, but the debt just does not seem to go down. Why Does This Happen? Because credit cards are the most expensive debt in the formal finance sector. The interest rate ranges from 36% to 45% p.a. While you may be… Continue Reading
There are many ways to own gold. You can buy gold coins, gold biscuits, or even gold jewellery. You can also hold gold in financial form. Gold mutual funds, Gold ETFs, and Sovereign Gold Bonds (SGBs). SGBs deserve special mention since these bonds also offer 2.5% interest. No other form of gold ownership pays you… Continue Reading
Higher education is getting expensive and many of us need to take an education loan to fund higher education for children. Fortunately, all the banks offer education loan products. And, given the product nature, there are a few peculiarities about education loans. Since the student won’t earn while studying (or earn enough), education loans have… Continue Reading