Why Is Financial Literacy Important For Children to Learn?
Apprehending financial topics is important for everyone, no matter what caste, creed, or age group you are. Whether it’s managing your home, or handling student loans, the use of this topic helps individuals to take control of financial crisis. Making a stern decision is also very important when it comes to money management. Financial literacy […]
Importance of a Debt Management Plan
With debt management programs, it is easy for someone who is in debt to repay it. The importance of debt management plan can be a lifesaver for those who are deeply stuck in a debt trap. Debt management plans- also called DMP, Debt Solution Plan or debt counselling- are now-a-days booming in the market as […]
Develop Financial Discipline To Pay Off Debt Fast
With financial discipline, you can achieve big goals faster than with a one-off savings plan. If you stick to a budget and skip the necessities like your morning latte or an expensive new pair of running shoes, you can achieve your financial dreams in a lot less time than you imagined. Every time you put […]
The Importance of the Financial year in India
As a part of British inheritance in India, we still follow the pattern of considering April – March as the fiscal year. It has been 150 years since India followed the same pattern, whereas other 156 countries considered January-December as the fiscal year. Does India consider April-March as its fiscal year, an advantage over these […]
How Can the Snowball Method Help You Pay Off Debt Faster?
Although trying to pay off debt can feel overwhelming, there are methods that can be useful. There are typically two ways you can use to help reduce your debt; each has advantages and disadvantages. Because every person’s debt situation is unique, there is no right or wrong answer when it comes to the best technique. […]
What happens when RBI hikes the Repo Rate?
There was trouble in the air recently, as RBI hikes the repo rate. This led to causing problems for various sectors. Repo rate in India is the basically the rate at which the Reserve Bank of India (RBI) lends money to the commercial banks in the company. As of September 2021, the repo rate was […]
7 Tips to Help You Get Out of Debt Quickly.
If you’re someone who is unable to repay their debts and struggling to cope with their finances, there are important things that can help you to get out of debt. You may think about talking to your creditors and negotiating a solution with them. But sometimes such negotiations do not end well. In this case, […]
What is a Debt Management Plan?
A debt management plan, or DMP in short, is an easy payment plan that helps you to maintain your debts. Those who are having difficulties in repaying their debts or unable to negotiate for a lower monthly payment can set up a debt management plan. The debt management plan is an effective yet smooth procedure, […]
How to avoid falling into the debt trap
If you own a credit card, you really need to know how to handle it in a smart way. Using a credit card does not mean that you can go over your credit limit. One should understand the difference between swiping a credit card and using it excessively. One should take out multiple lines of […]
How to repay your debts
How to repay your debts: Guide to debt management services in India You might be wondering how a debt management service can make you debt-free or repay your debts with a sufficient amount of income. In order to repay your debts, you just need an affordable debt management plan rather than keeping hope that you […]
