The Modern Twist in the Tale

Most people have grown up listening to the story of the hare and turtle. It is a fable about a race between two animals who could not have been more mismatched in terms of speed and agility – on one side is a hare which is renowned for being lightning quick on its feet, and on the other side is a turtle, a animal that has the unfortunate distinction of being the slowest animal on four feet.

In the original tale, of course, the hare takes off at top speed – leaving the slow-moving turtle far behind – but then he gets complacent. Thinking that there is no way the turtle is going to catch up with him, he sits down for a rest under a tree, and falls asleep. The turtle, maintaining a slow but steady pace, eventually goes past the sleeping hare and crosses the finishing line, just before the hare wakes up and realises its mistake. The moral of the story was that slow and steady wins the race, while there is no point in going fast if you are not going to complete the task. Continue reading “The Modern Twist in the Tale”

10 reasons why online shopping can help you cut down your expenses

Right, now as we talk about cutting down expenses, a lot of things come to our mind. Like, that one time when we thought we would not waste anymore money on silly things but bought an extra microwave just because it was on sale?  And then justified our actions saying that we were being cautious about “what if the first one malfunctions?” No more of that stuff now. Online shopping has entered the picture and it has successfully kept our expenses in check. Especially, it has proven to be highly useful to businessmen and nothing-in-short-of-boon to startup guys who run low in the flow of money during the initial days. This is an informative piece on how to control your expenditure and not get completely bankrupted in the lure of shopping. Continue reading “10 reasons why online shopping can help you cut down your expenses”

The step by step guide to opening a savings bank account

If you are about to open a savings bank account, we guide you through the procedure and the documentation required.

Every person who makes an income starts by opening a savings bank account. It is the best way to stow away one’s surplus funds and use it in the future for personal and professional purposes. Whatever money one earns or saves every month can be safely put away in the savings account. It is the best way to put away your savings and also earn interest from the bank. Continue reading “The step by step guide to opening a savings bank account”

An SME Loan Can Help You Build Your Dreams

It is interesting to know that as of June 2016, India recorded approximately 4,200-4,400 start-ups. According to a report by a top lobby group, Nasscom and Zinnov Consulting, India has the third highest number of start-ups in the world, behind only the US and the UK. It is possible that India will overtake the UK (4,500-5,000 start-ups) in 2017. Another important statistic to know is that most of the founders, almost three out of every four, are under the age of 35. Thesesure are the few guys who will be fulfilling their dreams early in life. Continue reading “An SME Loan Can Help You Build Your Dreams”

Don’t let your child step into a plane without this essential item

What’s more important than cash and clothes when your child leaves the country? It’s student travel insurance – don’t let your child leave home without it.

Ever since your child was born, gratifying his every wish became your life’s mission. You gave him everything: the toys he wanted, fulfilled his dream to visit Disneyland, bought him the PlayStation he pestered you for…and now you got him admission to the foreign university he wants to study in. His bags are being packed as you read this, his admission procedures are complete and now you await the bittersweet moment of parting. Continue reading “Don’t let your child step into a plane without this essential item”

What Does the Budget 2016 Mean for Your Finances?

Although India has seen a decline of 13% in the monsoon during 2014 and 2015, the nation’s economy registered growth of 7.6% in 2015-16. Foreign investment reserves rose to a record value of US$350 billion. The Consumer Price Index (CPI) also came down from 9 to 5.4 during this period. The Finance Minister of India, Arun Jaitely, presented the Union Budget on February 29, 2016, with a special focus on income through taxes and foreign direct investment. There were many reforms included for finance companies in India as well. It also focused on the development of the agriculture and health care sectors. Here’s how the Union Budget could affect your finances and finance companies in India. Continue reading “What Does the Budget 2016 Mean for Your Finances?”

Indians who never followed football are sad due to Messi’s retirement

Messi, the argentine wizard, announced his retirement, after Chile beat Argentina in the finals. Funny to know that his fans in India, who never follow football or have seen him play in a complete match are also heartbroken by this news. Doctors have called this the Acquired Messi Depression (AMT) Athlete Syndrome. Continue reading “Indians who never followed football are sad due to Messi’s retirement”

7 secrets to improve your Fixed Deposit interest

Opening a Fixed Deposit account is something of importance in today’s economy. But, how does one ensure that their FD gets them the best possible returns? Read on to find out.

Fixed Deposit accounts are a type of savings account that functions on a fixed interest rate for a predetermined period of time. Once the account matures, the interest is then credited to you, the investor. Fixed Deposit rates in India are constantly fluctuating, so if you opened your FD at a reasonable interest rate, then you probably have nothing to worry about. However, here are a few ways to improve your returns from your FD. Continue reading “7 secrets to improve your Fixed Deposit interest”

Myths about Tax Refunds

When you think of April, do you feel a fondness for warmer weather and flowers, or do you feel a sense of dread for the tax deadline? It seems like a lot of people these days focus too much on the negative aspects of filing their taxes. Some of them think about it so much that they forget to appreciate the return of spring. It probably doesn’t help that taxes are in the news due to elected officials who want to lower taxes even though the United States has one of the lowest tax burdens in the developed world. Continue reading “Myths about Tax Refunds”