by Vidya Kumar | Dec 29, 2012 | personal finance, Smitha Hari
The New Year is around the corner and it is the right time to start planning your finances for the coming year. This is when you can make a fresh start, changing all the ineffective personal finance practices adopted in the year that just went by. Here are a few...
by Vidya Kumar | Dec 29, 2012 | insurance, Smitha Hari
Imagine that you are the sole breadwinner of your family and you meet with a serious accident. You lose your life or end up with a disablement resulting in a loss of income which can range from a few weeks to several years. What happens to your family in this...
by Vidya Kumar | Dec 26, 2012 | Risk management
Much has been written about your risk bearing capacity being more when you are young, and that it decreases as you grow older. It is often said “invest in equity or equity funds because you are young and invest in debt when you are old because you cannot take...
by Vidya Kumar | Dec 24, 2012 | Home loan, Smitha Hari
A home loan can be the biggest debt in your life. This is because, in addition to the huge principal repayment you make, the long tenure results in a substantial interest outflow. A home loan of Rs. 30 lakhs at 10% interest rate over a period of 20 years will require...
by Vidya Kumar | Dec 21, 2012 | loan
Many borrowers think that secured loans are always better than unsecured loans and given a choice, you would want to opt for secured loans due to lower interest rates. But stop and think—are secured loans better for everybody and in all situations? Unsecured...
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