Credit cards, while offering convenience and rewards, often come with fees that are not immediately apparent to the cardholder. These hidden charges can inflate the cost of using a credit card significantly. Understanding these fees can help you save money, budget effectively, and optimise the benefits of your card. Among the most common charges are … Read more
Paytm, a leading digital payments provider, has enhanced its Unified Payments Interface (UPI) service by introducing a new feature that allows users to download transaction statements in Excel format. This development, announced by the company, aims to assist users in better managing their finances, specifically aiding in tax filing and daily expense tracking. The new … Read more
A valuable guideline advised by financial experts is to maintain an emergency fund – a fund that consists of a sufficient sum of money saved to sustain living expenses for a period of three to six months. An emergency fund serves as a financial buffer specifically designated for unforeseen circumstances like medical emergencies, household repairs, … Read more
Union Labour Minister Mansukh Mandaviya announced that the Employees Provident Fund Organisation (EPFO) is set to introduce its advanced software system, EPFO 3.0, by June this year. Speaking to reporters on Thursday, Mandaviya said that the new system will offer a level of efficiency comparable to the banking systems in the nation, with a more … Read more
There is a significant discussion surrounding the intersection of divorce and financial management for couples who decide to separate. Divorce costs can be substantial, particularly for the ultra-wealthy, where settlements may amount to millions or even billions of dollars. However, middle-class couples, especially those facing “grey divorces” in later life, can also feel significant financial … Read more
When planning for higher education, especially in today’s financially demanding environment, students often wonder if they should seek the help of a financial planner. At first glance, hiring a professional to manage education expenses may seem like a smart choice, but in reality, it may not be the best route. While financial planners excel at … Read more