Author name: peak72

It is so true that the earlier you understand the ins and outs of money, the better equipped you’ll be […]

As you read through this article, take a moment to reflect on your own financial literacy. Do you feel confident

Let’s face it, our lives often follow a predictable script born, school, job, marriage, home, kids, save, and retire, only to realise that the zest for life’s adventures has dimmed with age. It’s a realisation that prompts many to dream of breaking free from this cycle, aspiring for the FIRE lifestyle – Financial Independence, Retire Early.

Imagine this: you see an ad offering you ₹1,000 instantly with just a click. Sounds great, right? But then, you notice the fine print mentioning the interest rate. Instead of something sky-high like 1300%, let’s talk about more common rates, say 15%. While not as shocking, it’s still important to understand what this means for you.

Let’s face it: finance isn’t just a playground for corporate giants with their big earnings and blockbuster mergers. Nope, it’s much more personal than that. It’s about you, your wallet, and your financial health. 

Welcome to our  dive into the great debate: Should you rent or buy your home? This isn’t just a financial dilemma; it’s a question that tugs at the heartstrings and stirs up a whirlpool of emotions and calculations.

The Reserve Bank of India has made it mandatory for all banks to assess the credit score of every loan or credit card applicant. This score plays a crucial role in determining the loan amount a person is eligible for.