Preity Zinta Does A Bungee Jump

Indian cricket team skywalks in Australia. If you are wondering what these headlines are doing in a personal finance blog let me explain. Millions of dollars are riding on these celebrities. In fact for the cricket team it is probably in billions rather than millions. I am sure they are insured to the gills against […]

Read More

Professional DSAs & Their Tribe Can Increase If The Industry Is Regulated

The,loan,distribution companies in India (popularly known as Direct Sales Agent (DSA)) accurately mirrors the stark contrast that defines India.,One end of the spectrum has large players like Andromeda having multi city presence, employing hundreds and thousands of agents and association with almost all leading banks and on the other end of the spectrum are small […]

Read More

Gold Loans Not All Are Actually Cheap

Recently one of my office colleagues took up the offer of free financial plan that we offered to our own staff members. After the data gathering exercise was over we realized she had taken a gold,loan,from a neighborhood co-operative bank to fund the down payment requirement on the house that she had recently bought. What […]

Read More

Education & its Tax benefits

Since nearly two & half decades, we have been noticing that cost of educating our children is rising consistently and today it is quite steep in all respects. Education has geometric effect not only on the growth of an individual but also on the  growth  of a country. Hence it is matter a of concern […]

Read More

Is This The End For Teaser Rate Loans?

“RBI’s Monetary Policy Review: RBI unveiled its second quarter review of monetary policy with the expected increase of 0.25% in the Repo rates (and Reverse Repo rates). This is most likely to lead to an increase in interest rates charged on various,loans,as also on deposits. ,There are also quite a few significant announcements in the […]

Read More

Recycle ELSS For Better Returns!

“Presently Income Tax Act allows  a deduction for an amount equal to Rs.One lac  for investments made in equity oriented schemes popularly known as ELSS (Equity Linked Savings Scheme). This deduction is available to the investors  together with other items of expenses and investments. ELSS became quite popular with the investors owing to  the twin […]

Read More