May 2, 2010 - 10:29 pm
Posted in Personal Finance | 1 Comment
Please read Part I
For this purpose banks want to get the money back as soon as possible. If you observe the chain of events, if say one or two defaults still bank will not be losing a great deal of money, its profit might come down a bit. Then why does bank gives long term [...]
May 1, 2010 - 10:19 pm
Posted in Personal Finance | No Comments
Loans are very common these days. There are various kinds of loans; most common ones are Housing loan, Personal loan, Educational loan, Credit Card loan and Vehicle loan. Except the housing loan most of the loans have a short term period for repayment. It is very critical for the banks to get the money back [...]
January 31, 2010 - 11:29 am
Posted in Personal Finance | 1 Comment
I have asked this question to myself many a times. When I was a kid, I was asked by my teacher what would I want to become in the future and I remember telling her that I want to become a billionaire. She asked me, “Why do you want to become a billionaire?” I answered [...]
January 13, 2010 - 9:00 pm
Posted in Personal Finance | 1 Comment
There are many investment vehicles which promise huge returns. Many actually do have that potential and perform as promised and this can be attributed to many conditions. Some call it luck and some call it strategic decision. Whatever is the reason one can attribute to, the end result is that people are making money from [...]
October 27, 2009 - 11:01 pm
Posted in Personal Finance | No Comments
Have you applied for Personal loan, Home loan, Car loan, Equity loan? Wondered what are the criteria for the institution to grant you the loan? Was your loan application rejected? Then I suggest you to read further and learn what went wrong.
The Financial Institutions such as banks, co-operative societies, mortgage houses provide loan to you [...]
October 26, 2009 - 11:01 pm
Posted in Personal Finance | 2 Comments
A friend of mine asked me this question, I wanted to reply back to him over mail but later I thought many might have similar question so I posted over here. I won’t be giving you the exact financial institution or bank to apply for and I don’t want to advertise on anyone’s behalf. I [...]
September 14, 2009 - 9:56 pm
Posted in Personal Finance | 2 Comments
A house is one of the most vital investments. Some of them argue as it is one of the biggest liability and others claim as it is an asset. According to me, it is just a place to live your life. I don’t consider it as a liability or an asset. Since it is both [...]
August 31, 2009 - 10:32 pm
Posted in Personal Finance | 6 Comments
This is one of the easiest ways to reduce your expenditure. I do understand that the Debit/Credit cards give lot of benefits to the consumers but it makes you spend your hard earned money. Isn’t it true? You would have anyway spent your money, what is the point about the cards? I don’t quite agree [...]
August 30, 2009 - 9:55 pm
Posted in Personal Finance | No Comments
These days I see many advertisements regarding the sale and so called the real estate price correction. Even now, it is not so very cheap as most of us think. I thought that the prices of the apartments are cheap but the truth is, it is not so. Nothing is cheap, everything is costly. A [...]
August 23, 2009 - 10:58 am
Posted in Personal Finance | 7 Comments
Is this a new term that you are hearing for the first time? If so you need to know what it is all about. Lifestyle Inflation indicates the rise in your lifestyle expenses which you need to consider. As your disposable income increases, you tend to acquire certain expensive tastes and desires. This is also [...]
