With the advent of globalization, the employment domain has been evolving. In India, the rise of the middle class has changed the dynamics of life for all. The thing which has not changed is stress due to work. Stress pertaining to the workplace has been a constant companion of professionals. It is disguised in many …
Continue reading “The True Business Cost of Employees’ Financial Worries”
Payday is great! You’re all pumped up with the replenished account balance and ready to celebrate with gourmet meals, shopping, a new Marvel movie, and more. It’s finally that time when you can move items from the wishlist to the cart and tick items in your bucket list. Pause. But, it’s also time to face …
Continue reading “App-based Salary Advances – The new way to approach your end-of-month blues”
Millennials largely depend on credit and borrowed money, far more than the preceding generations. Weekend vacations, buying a car or even sudden shopping trips may often not fit into their monthly salary. Financial institutions have long identified this problem and come up with several alternatives depending on the amount you need to borrow, the income …
Continue reading “Interest rates explained: Credit cards and Fibe”
A credit score is an important factor in one’s financial life. It is a three-digit number that financial organisations use to determine your likelihood of repaying a debt. Your credit score is based on your credit history, a record of all your past loans and credit transactions which assesses your ability to repay debts. Credit …
Continue reading “Loans – A Healthy Credit Score and its Benefits”
With the new financial year, came some really good news. With the new tax slabs, there is an opportunity for you to save your taxable income. Getting a major chunk of taxable income out of the way by making the most of Section 80C is a great starting point for most of us, but even …
Continue reading “The Tax Advantages Behind Investments – Simplified”
Money saved is money earned – but you cannot apply this to funds left idle in the bank. Idle cash that does not generate any return or nominal returns may ultimately lose its value. But what causes money to lose value even when stored securely in your account? The simple answer is the decrease in …
Continue reading “Leaving your money in the bank You’re losing it!”
If you are looking at growing your money, the world of investments has no limits. While there are conventional methods of investment like fixed deposits, PFs, bonds and more, there are multiple alternative methods you may want to explore too. Non-traditional methods can surprise you and provide outsized results. Here are a few different types …
Continue reading “What are some non traditional ways to invest and grow your money?”
It is believed that living well and achieving dreams like buying a car, travelling or buying a home require quite a bit of financing as well as financial planning. Saving a bit of your income each month goes a long way if you wish to lead a comfortable life and be prepared for emergencies like …
Just landed a new job and struggling to meet ends? Don’t know who to turn to for your temporary cash-crunch? A salary advance can be a panacea for all your liquidity problems. The concept technically refers to an early payment of a portion of an employee’s salary – but is often used to refer to …
From paid vacations to health insurance, organisations have left no stone unturned to ensure the convenience of their employees. However, with the state of the global economy and rate of inflation we tend to see, money seems to be slipping out of our bank accounts faster than we can earn it. Despite meticulous planning and …
Continue reading “Understanding Salary Advance and How to Manage It”
