Managing multiple credit cards can be tricky, especially when you have cards you rarely use. While cancelling them might seem like a smart move, it can have unexpected effects on your credit score and financial health. Before making a decision, here are seven key factors to consider: 1. Credit score impact Closing an old … Read more
Gen Z is transforming the investment landscape with a focus on financial autonomy and cutting-edge strategies. Setting clear financial goals and seeking advice from professionals can help navigate the investment journey with confidence. With Gen Z entering the investment realm at a younger age, they have a notable advantage. Beginning early enables them to harness … Read more
The Moneyview Savings Index 2024, which was conducted during the financial year ended March 2024, showed that 72% of the respondents earning over Rs 50,000 monthly salary have higher savings compared to just 51% of those earning less than that. It stated lower-income groups often opt for safer options like savings accounts even though interest … Read more
Mother’s Day is a chance to celebrate the amazing women who raised us. It’s a day to shower them with love and appreciation for their endless sacrifices and unwavering support. It presents a unique opportunity to think beyond traditional gifts and consider options beyond mere material pleasure, which provide lasting value and financial stability: a … Read more
The COVID-19 pandemic has severely hit the financial well-being of people. Retail loans in India almost doubled in 2020 as compared to 2017, as per a report by TransUnion CIBIL. Digital lending of small amount has further accelerated the demand. Is it a good idea to avail easy credit in case of an emergency? Is … Read more