How to calculate the interest rate of recurring deposit? What would be the maturity value of RD? You need answer of these questions before investing in recurring deposit. Recurring deposit gives the interest similar to a fixed deposit. RD is one of the simplest and oldest bank deposit. Many of you prefer to invest in… [Continue Reading]
Sukanya Samriddhi Yojana For Girl Child Sukanya Samriddhi Account is a saving scheme for the girl child. The Modi government has started this scheme to promote saving among the middle class. This scheme has a purpose, therefore, it carries greater motivation. The government has started this scheme under Beti Bachao, Beti Padhao Banner. Sukanya Samriddhi Account gives an interest… [Continue Reading]
Don’t be complacent, you can minimize your tax outgo. There are many ways of tax deductions. Use them wisely and build your wealth.
I have seen many people struggling to get the fund for these expenses which are scheduled every year. It may school admission period, PPF investment or just tax deductions. Many of us tend to linger on their tax saving instruments till the end of the financial year. This puts them in hardship in these months.… [Continue Reading]
Everyone loves cheap and affordable holiday trip. Vacation rejuvenate you but money does matter. Sometimes money becomes main hurdle in your trip planning. skyrocketing airfare and high hotel rates are biggest deterrent of your holiday planning. I have listed 10 best tips which can decrease your tour budget more than half. 1. Chuck Tour Packages And… [Continue Reading]
Do you like to watch movies in the theater? But high ticket prices and associated expense restricts you. Don’t worry, because there are ways to go for movies in small budget also. Here are some selected tips to save money at movies. 1- Go For Early Shows, Save More Than 50% We all like… [Continue Reading]
Open zero balance saving account in SBI and enjoy all the benefits. Avoid hefty charges on non-maintenance of minimum balance in ICICI, HDFC, Axis Bank.
Have you ever accounted how much you can save by shopping at right time and right place? A middle class family can save upto 30,000 in year only by planning of the purchase. An average adult spends 10-20 thousand rupees on the shopping of clothes, shoes and accessories. This translates to 50 thousand to1 lakh… [Continue Reading]
The Free ATM withdrawals and transactions are few now. Most of the banks limited the number of free ATM transactions at other bank’s ATM. Does this rule affect you as well? Yes and no both. The reduced limit of free ATM transaction is not for everyone. A large population of Indian is unaffected by the new… [Continue Reading]
Follow these 10 tips and your saving will increase by at least 33%. Adopt these rules and you will have at least Rs 7000 extra savings. At present you might be saving 15-20 thousand/month. Work on these tips, your saving will go above 25,000. These numbers are for those who earns above 50,000 a month. Yes! It… [Continue Reading]