Manking Personal Finance Easy
A credit card can be used for a variety of purposes, and the ability to buy now and pay later makes it an attractive financial tool for covering expenses. Credit cards can also be used to pay for utilities. Utility payments refer to essential costs that recur each month. This includes expenses such as monthly…
Credit cards offer you exciting discounts, rewards and cashbacks on everyday transactions and on your favorite brands, so you can get the best deals and save money without compromising on your lifestyle. Groceries are a major expense for your household. However, you can also save money and earn great rewards and cashbacks by using a…
Salaried workers do not face many challenges when applying for credit cards or loans compared to self-employed people. This is due to the fact that self-employed people generally encounter difficulties in providing proof of steady income. This increases the risk for lenders when issuing credit cards. However, many lenders offer credit cards designed specifically for…
According to World Health Organization (WHO) statistics, India’s healthy life expectancy at birth has improved by 4.02 years, from 54.1 years in 2000 to 58.1 years in 2021. As the average lifespan increases, securing a financially healthy future for yourself in the golden years is of utmost importance, so that you can retire worry-free. The…
Faced with the rapid proliferation of digital technologies and an ever-expanding millennial/Gen Z customer base, major banks in the US and Europe have downsized their physical branch networks over the past decade. While the underlying thought process influenced strategic thinking globally, Indian banks bucked the trend. Instead, they focused on expanding their branches, resulting in…
As the year 2024 comes to an end in a few days, investors are expected to avoid repeating the mistakes they accidentally made in the past year. Some investors tend to rebalance their portfolio to enter the new year with fresh energy and positivity. The idea behind rebalancing is to leave the past behind and…
“My two claims were rejected within a year. The ombudsman made a ruling in my favor in the first claim, but when they discovered that a company had helped me in the first claim, they did not hear my case and gave the ruling against me in the second,’ Garg said. Garg’s situation highlights a…
Axis Bank has introduced several changes to its credit card rules from December 20, 2024. The changes affect financing fees, cash fees, currency conversion fees, lounge access and others. Here we provide an overview of the most important changes the private lender is making for its credit card users. Major changes coming into effect tomorrow…
Instant lending apps have transformed the credit scenario by providing quick and easy access to finances with just a few clicks on your phone. However, as such apps have become increasingly popular in the financial landscape, so have the associated scams. 1. Registered and authorized by RBI The Reserve Bank of India (RBI) regulates all…
This is the time of year to submit proof of investment to your employer to claim tax exemption. If you don’t do this, you may miss out on your tax savings. Although you may have already let your company’s HR know how many investments you have made this year. However, it is imperative that you…
