Secret Formula for Wealth Creation: Financially settled and successful people suggest knowing the difference between being rich and being wealthy. A rich person earns and spends, while a wealthy person earns, saves, and plans to grow their wealth. The critical difference lies in the wealth secret formula of working with money. A wealthy person understands … Read more
Before obtaining large loans from the bank or co-signing for someone else, you should realize the seriousness of the situation. When you co-sign a loan, you are legally responsible for repaying it. Under Section 126 of the Indian Contract Act 1872, the co-signer is equally liable for the loan. If the primary borrower encounters difficulties … Read more
Penny Stocks Investment Tips: The number of people investing in the stock market is increasing. Investors hope to buy stocks that bring good returns. However, there is a lot of risk involved. So, what are penny stocks? Will investing in them yield good returns? Is there a risk? Let’s find out more. Penny stocks are … Read more
When filing income tax, employees paying house rent must take several precautions. Making house rent payments partially in cash and partially online can lead to issues. In such cases, the house owner might not provide a rent receipt or may not declare the rent payment in their income tax returns to avoid taxes. This could … Read more
Avoiding Major Money Mistakes: Many of us have desires that exceed our incomes. We may want to wear a new outfit every day, drive our dream car, and move into a luxurious house with all the amenities. As our income grows, we often seek to change our lifestyle completely. For example, those who used to … Read more
Booking a train ticket can sometimes be followed by unexpected changes in plans, leading to a need to cancel or transfer your ticket. Fortunately, the Indian Railway Department has provisions for cancellations and transfers, ensuring a smoother travel experience for passengers. If you need to cancel your train ticket, you should know that you will … Read more
Cutting costs is something we’ve known since childhood. Back then, we used to save the pocket money from our grandparents and carefully stash away money given by relatives. Even though we didn’t have much experience in achieving our goals at that age, we still managed to control our expenses. So why is it so hard … Read more
A poet once said that a man who does not owe is not a man, and in today’s world, this rings true. Everyone seems to be in debt, even if they never intended to borrow money. Financial institutions are offering credit like never before, and while we may take loans to meet our needs, there … Read more
Ways to Increase Loan Eligibility: Loans are more accessible now than before, with banks and non-banking financial companies (NBFCs) offering loans after a simple process. Some even claim to provide instant digital loans. However, before granting a loan, these institutions assess the applicant’s creditworthiness. Applications with high loan amounts and low credit scores are often … Read more
There are as many formulas for saving and investing as for solving math problems. How do you make money using these? How do you control costs? How do you hide income? How do you create more money with that saved money? Now, let’s find out. 1, 2, 3, START 1, 2, 3 is said before … Read more