The Vibe Journal: Finance Blogs

Allocation of assets should be one of the most important aspects when you are planning to invest. It simply means how you decide to divide your portfolio among different assets to gain maximum returns. You can choose your investment path based on: If you aspire to be a long-term investor, correctly allocating your assets is …

If you’re thinking of investing in India’s most popular investment option, learning about auto-renewal rules that apply to fixed deposits is vital. Once you’ve invested in an FD, you can withdraw your investment or renew it in two different ways: Auto-renewal saves you from the hassle of remembering the maturity dates and losing out on …

When you open a savings account, you typically need to maintain a specific balance in your account, known as the Monthly Average Balance (MAB). By maintaining this amount, you can avoid MAB charges. Financial institutions require an MAB to manage funds in an effective way and provide various services without added charges.   It is a …

If you’re wondering ‘what is ELSS mutual funds’ and why they are such a popular tax-saving option, here’s a quick answer: An Equity-Linked Savings Scheme (ELSS) is a mutual fund that lets you enjoy dual benefits – wealth creation and tax savings. The ELSS mutual fund full form is Equity-Linked Savings Scheme and these funds …

If you’re curious about the full form of VAT tax, here’s your answer: VAT stands for Value Added Tax, meaning a tax collected at each stage of production and distribution of goods. While the Goods and Services Tax (GST) has replaced most indirect taxes since 2017, some goods still fall under the old VAT system. …

Banks with APIs are offering enhanced experience. Many fintech firms appreciate API and the ground-breaking effectiveness it entails. They also have implemented this third-party communication method, which helps in: This one tool is modernising the banking system globally and in India. To understand what is API banking and how it benefits the banking system, read …

Fuel prices are increasing, and with credit card fuel surcharge, the amount increases significantly. This is why getting a credit card that offers a fuel surcharge waiver is in demand. Such cards not only help you pay for fuel but also avoid unnecessary fees.   The good news is that you can get this feature on …

Completing a contactless transaction when paying for any goods or services can be a safer way to go about it. This was popularised after the pandemic and includes the usage of credit and debit cards during payment offline, allowing you to pay without any physical contact.  There are many options to make effortless payments through …

Wondering how you can pay rent with a credit card? Paying for recurring expenses without any hassle of remembering the due dates is among many attractive features of using credit cards. You can pay the monthly amount directly to your landlord’s account using a credit card. Apart from the convenience, there are several other benefits …

To find the best option for investment as a beginner, build your knowledge base and understand your risk appetite. For the best results, strive to strike a balance between secure investments and diversification. Depending on your investment horizon and risk appetite, you can consider a wide variety of instruments available in India. As a beginner, …