Whether you’re just getting started with your finances or already have a plan in place, it’s important to know the difference between saving and investing. People often mix up the two, but they’re actually quite different. Both are useful at different stages of life—but knowing when and how to use each one can help you … Read more
In India, both public and private banks offer all sorts of savings accounts designed to meet different needs. Interest rates usually range from around 2.6% to 8% per year, depending on your account balance and the bank. Before opening an account, take the time to check the interest rate and features each bank offers. Here’s … Read more
The 50-30-20 rule is a simple way to manage your money. It breaks your after-tax income into three parts: This easy-to-follow method became popular thanks to U.S. Senator Elizabeth Warren, who talked about it in her book “All Your Worth: The Ultimate Lifetime Money Plan.” By sticking to this rule, you can create a realistic … Read more
Life can surprise us in many ways — sometimes with joy, and other times with unexpected bills or tough situations. That’s why having an emergency fund isn’t just smart, it’s really important. It’s not about being scared, but about being prepared when life suddenly pauses or throws you a curveball. This little stash of money … Read more