The Vibe Journal: Finance Blogs

We encounter many situations wherein we have to rely on loans. And where there is a loan, there is a debt that follows. But is it better to pay off loan early? Does that affect our credit score? We often become perplexed and overwhelmed after seeing the debt pile. This is often due to mismanagement. …

“Retirement” .Do we need to think about it at all? If no, then perhaps now is the time to stop giving a cold shoulder to it. Being ignorant does not help carve a secure future. Though we are young and quite able at this stage in our lives. But do we think of times when …

Lending money to friends becomes a difficult choice at times. Money has the tendency to create rifts between closely bonded people. Yet money is a topic that becomes unavoidable. Lending and borrowing between friends can lead to sequences of debts, debt traps, uninvited apprehension and animosity. Situations where the money is borrowed, and half-returned, partially …

In our lives today, it seems that we are constantly in our running shoes, because all we do is race to fulfilling our duties, necessities and obligations. Expenses are never-ending. How we wished that we could count the expenses on our fingers, but unfortunately we cannot. It has become extremely necessary to have a budget …

If handling finances wasn’t enough, we have taxes in place too to give us gripping nightmares. However tax payment and filing income tax returns are both crucial for achieving a financial stability in life. ITR filing is mandatory is a person’s gross total pay exceeds 2.5 lakhs. The basic motive for filling income tax return …

Let’s first have a conversation on what net banking is. In the simple words, we can monitor our bank account online and even carry out transactions with net banking. This electronic payment system frees us of the task of physically going to a bank. We can carry out multiple transactions on the bank/financial institution’s website …

Quality and Quantity seem to come hand in hand. In present scenario, quality education burns a hole in the pockets of parents because of the huge quantity of fees charged for it. Education loans offered by numerous financial institutions are a boon to the vast sea of students. Students can breathe a sigh of relief …

Getting a home loan on salary offers a great way to finance the purchase of your dream home. The increasing real estate prices can make buying a house an expensive ordeal and accumulating the required wealth can take years. But when you apply for a home loan, you can get your dream home without any …

Before conversing about fixing damages to the credit score. Let us talk about a good credit score. We often ignore credit score while applying for loans, and many of us unaware of the low score, until the lender rejects our application and informs us. We should not turn a deaf ear towards our credit score; …

One of the most common questions that we ask ourselves is “What kind of loan do I opt for?” We take baby steps towards Loans. Loans are like those tricky questions in our exams, where we have to meditate hard to make the right choice. Deciding upon which loans to take depends upon numerous parameters …