Experts say the earlier you start your investment journey, the better it is, for you learn more and save more.
Public Provident Fund and National Savings Certificate will continue to carry an annual interest rate of 7.1 per cent and 6.8 per cent, respectively, in the second quarter
Most banks have categorised savings bank accounts for children in two categories: One for those below the age of 10 and another for those in the 10-18 age group
Being able to transfer money instantly, without visiting a bank branch or ATM, makes mobile wallets attractive
Mutual Funds pool together money and invest in a range of debt and equity instruments, whereas ULIPs allow an investor to enjoy the benefits of an investment and life insurance cover under a single plan
Wondering if you should invest in a fixed deposit at a bank? Here's the information to help you make an informed decision
A rise in inflation brings down the value of savings, thus increasing the need to invest money in instruments that offer returns to beat the rising cost of living.
Spreading your investment across asset classes is considered a good strategy as it reduces risk and maximises returns
The market is always unpredictable and if you feel the market dynamics are too risky for you, take the easy but long-term SIP route to accumulate wealth
A diversified portfolio can contain multiple asset classes which are groupings of similar types of investments, and there are also alternative investments such as real estate or commodities
Virtual cards, which replace the actual debit or credit cards, have no physical existence and hence users are not required to carry them
The biggest benefit of a loan against property is that it allows borrowers to use the value locked up in a property while continuing to occupy it during the loan tenure
Credit cards are revolving credit, which means you can borrow money as you need it; whereas personal loans are installment loans in which you receive money on a lump sum basis
Becoming a successful financial investor is not everyone's cup of tea; it requires a great amount of patience, wisdom, and foresightedness
While the pandemic is surely not an everyday occurrence, it can happen and therefore we must have an emergency fund for at least two months of our spending