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Your credit card is one of the best things that could happen to you in your adulthood, until you have to pay for it. While paying for anything requires money, as a credit card implies debt, you are required to pay more for everything that you buy. It is an altogether different story if you […]

Banking system largely functions based on compound interest, so whether you are investing, saving or borrowing a loan by dealing with a bank, you need to know how money grows through this principle. With a thorough understanding of how compound interest works on your money, you can invest wisely and gain back the most from […]

Most of us know that investment is a precaution which keeps us secure about our future. Most people invest in various forms to avail tax exemption too. Investment can be anything from depositing your money somewhere or buying a property etc. if you do not invest your money anywhere, do not think it neither decreases […]

There are numerous options to investing. Be it in stocks, shares, bonds or simple savings, your money can grow if you invest with a sound knowledge of the market. Of all the investment options, savings in a trusted bank is reputed to be the safest, and in a way, the best option to see your […]

The interest rates offered by banks aren’t always constant. Depending on certain decisive factors such as the condition of the nation’s economy, these rates vary. For example, when a country’s economy is not doing very well, the bank would have to cut down the interest rates offered on the deposits, and increase the interest rates […]