Many of us avail of a loan to buy our dream house. But loans of any kind become a burden on your finances. So, it’s better to get rid of them soon. One way to do it is to utilise t ... Read more
Many of us avail of a loan to buy our dream house. But loans of any kind become a burden on your finances. So, it’s better to get rid of them soon. One way to do it is to utilise that extra bonus of yours to partly prepay your loan. Remember that making part prepayment early on during the loan tenure helps you save on the interest cost of your home loan. Here are a few other things you need to keep in mind while you consider making part prepayment to your home loan. Read more
SEBI order notes that an amount of Rs 1096 crore was transferred to Karvy Realty Private Ltd. A media report says that Karvy raised Rs 600 crores by pledging client securities. In ... Read more
SEBI order notes that an amount of Rs 1096 crore was transferred to Karvy Realty Private Ltd. A media report says that Karvy raised Rs 600 crores by pledging client securities. In this episode of Why Not Mint Money, we tell you what to do if you are a customer of Karvy Stock Broking. Read more
Traditionally transferring EPF money was difficult and time-consuming but not anymore. With the launch of the Universal Account Number and under the one employee-one EPF account pl ... Read more
Traditionally transferring EPF money was difficult and time-consuming but not anymore. With the launch of the Universal Account Number and under the one employee-one EPF account platform, employees can now transfer provident fund money online. We tell you the process. Read more
Real returns factor in inflation and other crucial elements such as taxes. It’s important your investments make real returns if you want your wealth to grow. Retail inflation rose ... Read more
Real returns factor in inflation and other crucial elements such as taxes. It’s important your investments make real returns if you want your wealth to grow. Retail inflation rose to 4.62% early this month and is expected to inch upwards. While for the policymakers who are looking to cut policy rates to boost investments this presents a challenge as it would only add to the inflationary pressures, investors too need to worry as inflation can eat into their investment returns. Read more
With healthcare costs spiraling in India, you need to be prepared for any medical emergencies. Such events can dent your savings and even land you in debt, putting your financial l ... Read more
With healthcare costs spiraling in India, you need to be prepared for any medical emergencies. Such events can dent your savings and even land you in debt, putting your financial life out of gear. That’s what happened with Haripriya Padala and her husband Saikishore, both finance professionals. But a disciplined approach towards saving and sound financial advice have helped them salvage the situation. Read more
Naveen Garg, a Pune-based architect, and his family liked to spend like there was no tomorrow. When they realized their mistake, they had to take some drastic measures to put their ... Read more
Naveen Garg, a Pune-based architect, and his family liked to spend like there was no tomorrow. When they realized their mistake, they had to take some drastic measures to put their money life in order. If you want to maintain your current lifestyle even in the future and achieve all your financial goals, take some lessons from their story and make those small sacrifices now. Read more
For 10 long years, Bengaluru-based Sai Pramod G.N. invested only in real estate by channeling all his savings in repaying a home loan. That can never be a good idea because the rea ... Read more
For 10 long years, Bengaluru-based Sai Pramod G.N. invested only in real estate by channeling all his savings in repaying a home loan. That can never be a good idea because the real estate asset class is illiquid in nature and by doing this, you end up putting all the eggs in one basket. Fortunately, Pramod went for a course correction after that period. Here’s his story. Read more
Usha and Rajan Sanklecha got into a financial plan pretty late in their lives, but it helped them take away an important financial lesson: that it’s never too late to streamline yo ... Read more
Usha and Rajan Sanklecha got into a financial plan pretty late in their lives, but it helped them take away an important financial lesson: that it’s never too late to streamline your finances and it’s important to put your money life in order even when you just have a handful of goals left to achieve. In the process, the Sanlechas also learned that one needs to invest in liquid assets to be able to use them when the need arises, instead of piling everything in an illiquid asset like real estate. We tell you their story. Read more
