Chandrakant K

How To Build The Corpus For My Daughter’s Education Through Mutual Funds?

How To Build The Corpus For My Daughter’s Education Through Mutual Funds? Mutual funds have long been a favored investment tool for Indian parents. Since a mutual fund offers high returns, you can build up a considerably large corpus for your child if you invest properly in a mutual fund. Take a look at this article to know how to invest in the correct funds, the steps to follow and the cautions to exercise. Using a mutual fund to build…

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Buying insurance against home loan is not mandatory. But should you buy?

Buying insurance against home loan is not mandatory. But should you buy?

Rajesh Thiruvala bought his dream house last year. Sadly, soon after him, along with his parents, young wife and newborn son moved in, Rajesh met with a road accident and died. He was the sole breadwinner of the family and not being able to cope up with the financial burden of the home loan, his family was forced to evacuate the house. Had Rajesh opted for a term insurance plan along with the home loan, his family would not have…

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Are You Using Your Credit Card Right?

A credit card is a very handy financial tool. However, while using a credit card, you should exercise a lot of caution and ensure you get the maximum value out of it. Take a look at this article to know how and why you must get a credit card and the ways in which you can use it appropriately. Why should you get a credit card? There are many reasons why people opt for a credit card. Some of the…

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DOS AND DON’TS OF A PERSONAL LOAN

A wisdom guide on DOs and DON’Ts of a Personal Loan

Gautam was looking for a personal loan to finance his home renovation project. However, he wanted to take the loan on proper terms so that the repayment would not become cumbersome for him. He, therefore, went through a very handy guide on personal loans and understood the DOs and DON’Ts clearly beforehand. Are you looking for such a guide as well? If you are, then just go through this article and you will also have a clearer picture in front…

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Why are some Credit Cards paid ones with annual charges?

A year ago, if anyone walked up to me and said anything about getting a paid credit card, I would either laugh it off or discredit whatever they are saying. Why wouldn’t you? With so many companies providing you with credit cards free of cost, why would you want to pay annual charges for a credit card? It just felt absurd and simply didn’t add up, until I spent some time around it on a boring Sunday. For a casual…

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Top #6 advantages of investing through Mutual Funds

Investing in mutual funds is one of the smartest and easiest means of investment for any type of investor- a beginner or a seasoned investor. Without much ado, let’s have a look at the top 6 advantages of investing through mutual funds. Professional Expertise: One of the primary reasons why an investor would prefer investing through mutual funds is because they are professionally managed. Just like shareholders of a company have money but lack the requisite skills to run a…

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Reasons for having at least 2 Credit Cards at all points of time

If the thought of having more than one credit card has spawned inside your head, don’t worry, you are not the only one. A lot of people get around with at least two credit cards and there are good reasons behind the same. Unlike the most common theme that having a credit card is not good for your finances, here are some of the reasons why holding at least 2 credit cards at all points of time can be beneficial.…

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Most Imp #5 Factors to consider while opting for your Car Loan

Having received a promotion at work and a hike in the paycheck, you plan to celebrate the success by buying your first car! With no debts and a decent take-home pay, you decide to opt for a car loan. However, since this is your first loan, it is obvious to be a bit confused about the various parameters you should be considering before finalizing your car loan. Let us have a look at 5 important factors that you should consider…

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Most Imp #4 questions to ask before signing your Car Loan papers

It is imperative to ask the right queries to your lender before you finalize and sign your car loan papers. This would save you a lot of time, effort, and money. Don’t let the shine of the new car get you blinded, and spare some time to consider and ask the following questions before you sign the dotted line. Interest rate and Charges on the loan: By the time you sign your car documents, you would have already decided on…

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Is it good to have a high limit on all your credit cards?

A credit limit comes into picture the moment you apply for a credit card. It essentially is a ceiling up to which you can make purchases or swipe your card. First time around your income and credit history play a vital role in deciding the limit for your card. But with regular usage and repayment, credit card companies will most probably increase your credit card limit. Does it add value to run on a high limit for all your credit…

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