Nobody brags about their great life insurance policy at brunch. It’s the kind of thing we all know we should have, but most of us avoid thinking about until life forces our hand. But here’s the twist no one talks about: if you’re serious about financial freedom, insurance might...
The effect of global IT expenditure on investments in 2025 Global IT expenses are on one and up with estimates indicating the total expenditure on $ 5.61 trillion in 2025 – an increase of 9.8% from 2024 to 9.8%. India has the opportunity to see associated with a distinctive...
Key Takeaways: What are digital lending platforms? Digital lending platforms are online tools that connect borrowers with lenders, eliminating traditional brokers such as banks and streamlines with the debt process. They utilize techniques such as artificial intelligence (AI) and Big Data to quickly and effectively assess credibility. Borrowers can...
Key Takeaways: The Need for Early Financial Education Financial literacy is a essential lifestyles talent that is often omitted in conventional schooling structures. Early publicity to standards like budgeting, saving, and investing can profoundly effect college students’ financial properly-being throughout their lives. For instance, teaching the strength of compound...
In recent years, other than conventional banks, certain other categories of banks have come into existence like Payments Banksand Small Finance Banks. Key objective of setting up of both types of banks is to promote greater financial inclusion through a secured, technology driven environment. Payments Banks: ...
What exactly is a Credit Score? Credit Score (a three digit number) indicates a borrower’s creditworthiness and is typically based on his/her credit history and other factors . It is given along with Credit Information Report issued by a Credit Information Company. Credit Score would be higher...
Passive vs. Active Savings Money in regular Savings Bank accounts fetches very low rates of interest, hence can be termed passive savings. Do not keep too much money in savings account! Instead, invest in Recurring/ Fixed Deposits of banks that fetch better returns. ...
BUDGETING What is a budget? Put simply, it is a plan of your future income and expenses. Budgets can be yearly, monthly or even weekly. Why prepare a budget at all? With a budget in hand, you will be able to control your...
We all know the age-old saying: “Do not put all your eggs in one basket.” Diversification is the process of investing your money in different assets. Why Diversify? The reason one should diversify by investing in different assets is...
Any investment entails a certain degree of risk. Generally, there is a direct correlation between risk and return.The higher the expected return, the higher the risk(including the possibility of losing the initial investment as well). And lower the return, lower the risk as well. “The...