A FICO Score is a three-digit number that lenders use to determine whether or not to engage with you based on your financial responsibilities. Consider it a financial report card, but instead of determining whether you pass or fail a class, it affects whether you’re authorised for loans or lines of credit and what interest … Read More “Guide to the FICO Credit Score” »
Tag: Finance Tips
Going to college is all about learning lessons, but we all know that many of the most significant pieces of knowledge we acquire during our four years on campus do not come from the classroom. Pretzels and diet soda, for example. Coke does not constitute a balanced diet; laundry should be done more than once … Read More “Credit card mistakes students need to avoid” »
Credit cards are one of those items that have completely changed the way the financial world operates. These plastic cards have dramatically transformed how people spend their money on goods and services. Keeping in mind the diverse needs of individuals, credit card companies and banks have devised a range of features and benefits for the … Read More “Best Credit Cards for Grocery Spends” »
Micro-investment is the foundation of the change investing concept. These fintechs keep track of your expenditure. Every time you spend money on something, whether it’s clothes, food, or anything else, they encourage you to invest a tiny bit in assets. Small sums of money, known as change money, can be invested in assets ranging from … Read More “Apps that allow you to invest loose change in mutual funds, gold and US stocks: Should you download them?” »
As the national average for a gallon of ordinary gasoline has witnessed huge price swings over the last few years, volatile gas prices have taken center stage in the media. Geopolitical tensions, hurricane seasons, Mississippi floods, and increased travel demand during the summer driving season have all pushed costs higher in the past. Higher gas … Read More “Why do Gas Prices Matter So Much?” »
It might be difficult to understand all of the phrases and how they affect the policy when it comes to health care insurance and programs. Though purchasing insurance can be perplexing, there are several phrases in health insurance that are difficult to comprehend. For someone with minimal expertise, terms like copay, coinsurance, and deductible can … Read More “What are co-pays and deductibles in insurance policies?” »
Currently, the yield on the Government of India’s 10-year Gsec is 6.8 per cent. This is around 1.3 per cent higher than the SBI Bank FD rate for the same term. As a result, the natural issue that arises in our minds is which is better for us: 10 Years Govt Bond Yield 6.8 per … Read More “10 Yrs Govt Bond Yield 6.8% Vs 10Yrs SBI Bank 5.5% FD – Which one to invest?” »
While many investors may be fooled by the market’s low volatility, knowledgeable investors understand that the stock market rarely stays in the same mood for long periods, so it’s normal to expect more unpredictable trading sessions shortly. As a result, traders must have a plan in place for what they will do if the market … Read More “Ways to Create a Less Volatile Investment Portfolio” »
In 2016, Prime Minister Narendra Modi launched the Startup India program to encourage more people to start businesses in India. The action plan aimed to promote bank financing for entrepreneurs, as well as streamline the starting process and provide tax exemptions and other incentives to them. However, all of the perks and exemptions are only … Read More “Tax benefits for Startups in India” »
Do you have concerns about how a possible recession or economic slowdown would affect you and your finances? Assuming you have some time to prepare, you may relax since there are many everyday habits that the typical person can adopt to insulate themselves from the sting of a recession, or even to make it so … Read More “How To Recession-Proof Your Finances” »