Liquidity is an important aspect of one’s personal finances. Is bank savings account the best way to maintain liquidity? No, there are better ways of managing liquidity. We can here mention about liquid funds.
Liquid Fund is a kind of mutual funds which invest your money in money market instruments such as a certificate of deposits, commercial paper, and Treasury bills, with a residual maturity of up to 91 days. Continue reading “Know the Working of Your Liquid Funds”
We have seen life insurance being sold aggressively by agents at the end of the financial year, mostly during the month of January to March. You know the reason? It is tax saving! Most of the companies ask their employees to submit proof of their investments so that the remaining tax on their salary income for the financial year can be deducted and deposited with the Income Tax department.If you are one of those who do tax planning at the last moment should note that you might end up buying a wrong life insurance plan. Continue reading “Life Insurance: Saving more than your taxes”
Marketplaces have always been the preferred shopping choice since forever. They allowed access to multiple brands and various options in a single area. This translated into a convenience in terms of saving the time to be spent in traveling as well. Similarly, for the sellers in the marketplace, this resulted in giving them access to a large customer base as well. As such, marketplaces were a win-win situation for both the shoppers as well as the sellers. Further, with the advent of the internet era, the concept of marketplace got redefined and was taken to another level, as online e-commerce portals like Flipkart, Amazon etc. enabled access to several marketplaces just with a click of the mouse. Similarly, for booking your travel tickets, you no longer need to check with your travel agent every time you need to plan your vacation and just log on to any of the travel booking sites like MakeMyTrip, Yatra etc. Continue reading “Online Lending Marketplaces – New Talk of the Town”
People who take up trading are often seen as gamblers or risk-takers. But trading is not just rolling dice and hoping for the best. Many people decide to trade before they get the right education for it, sometimes simply because they don’t realize there is an education to be had. But when it comes to trading, trading without knowing how can be costly.
Ask any successful trader what tools were most helpful in their training, and they are sure to mention a trading simulator. Trading simulators are designed to mimic what it’s like to trade on the market, without the risk of losing real money. Continue reading “What to Look for in an Online Trading Simulator”
Would you ever board a plane knowing that it has a poor safety record? Would you drive a car with the knowledge that not all of its instrumentation was functioning properly? These real-world examples are just as pertinent when translated into the domain of online trading. There are literally hundreds of investment platforms to chose from and each is naturally associated with unique benefits and drawbacks. Why is it so important to select the correct architecture and what are some of the hallmarks of a trustworthy firm? The answers to these questions will define success or failure within the modern trading community. Continue reading “Why the Right Trading Platform Matters”
The principal factor of tech debt metaphor is that there are some prices you have to pay when you take shortcuts or intentional tech debts or make any mistakes or unintentional tech debts. It is also said that this cost would increase over time as long as you ignore tech debt and do not repay the interest. Tech debts are often overlooked and ignored as there is no apparent cost factor related to it as is with any financial debt where you can know the cost of your monthly payment and what it would sum up to if you delay in repayment. Therefore, it is required to quantify tech debt to know how much it costs you and your company. Continue reading “Know How Much Tech Debt Is Really Costing You”
When you come to now of the existence of tech debt in your code, it is time to address it without any further delay to keep it functional and also keep your business running. There are some easy and effective ways to repay the tech debts with interest. Your prime objective is to keep tech debts to the minimum and prevent any further accumulation, and that can easily be done by maintaining a strategic and planned development process. You have to ensure that quality of the code developed is perfect right from the word go and all measures have been taken to keep the code clean. This first-time-right work culture would ensure that there is no accumulation of tech debt in the long run. Continue reading “Easy and Useful Ways To Minimize Tech Debt Effectively”
Tech debt, which is inevitable for a software engineering and development business, is not just the responsibility of the business owner to regulate, control and address, but it is a team effort off all the staff of the business including the stakeholders. There are some specific actions which are meant for the stakeholders. When such actions are taken, it would effectively reduce tech debt and result in the proper functioning of the codes as well as the survival of the business on the whole. Now, there are several categories of the stakeholders, and every type has their specific role towards addressing tech debt and keeping it to the minimum. Continue reading “Responsibilities Of Stakeholders In Reducing Tech Debt”
It is extremely simple to buy a car in India today. While many people make a beeline for new cars, there is a thriving market for used cars, or second hand cars, as well. These used cars are refurbished before use by the next owner, and they also have the original papers and insurance documents from the owner. Apart from this, it is possible to buy insurance for a second hand car in India. Continue reading “4 things to check before buying a second hand car”
If your wheels are turning and your mind is heading toward the realm of personal loans, then you are on the right track. Welcome to club borrow. More people are taking personal loans than ever before. In fact, CNBC reported a 30 percent increase of applicants from 2013 to 2016. Such people take personal loans to conduct a wide variety of tasks. One of the most common tasks for which consumers borrow personal loans is debt consolidation. Therefore, you have many sisters and brethren in the same financial boat that you are in. However, you have to develop a plan to make the personal loan work for you. You will have to take such a loan from a top provider. You should never just settle for any half-concocted loan product. Way too many respectable lenders are in the world for that. Continue reading “Personal Loans 101”