All Entries in the "Featured" Category

Demand for credit card has increased largely all over the world. People feel safe to carry credit cards instead of cash with them. Established retail and small Businesses are also accepting credit card payments as they are easy to recover. Credit cards have become an essential factor of fast-moving life where hotel and reservations are completed with a swipe. Before you decide to take a credit card see what is the annual and miscellaneous fee credit card company is imposing. There are many credit card companies that offer more services like travel protection and travel insurance, reward points you can use to buy more things, help getting discounts from stores, hotel and airlines. Take a look at five guidelines to understand factors of an ideal credit card: Exceptional Benefits: look  [...]

Parents usually prefer taking ownership of all the expenses their little ones do. While taking a control over your little ones you neglect the importance of independence and decision-making in the life of your child. Parents who are reluctant to give pocket money, here is something you need to know: According to a study it is proven that your child should be given some allowances on a regular basis. Allowances will teach your child the critical aspects of budgeting and value of money in life. Given below are a few benefits of giving allowance to your ward: First-hand experience: Scolding or explaining your child about the value of money would not help unless he experiences it himself. Giving allowance will create a first-hand experience of value of money and many monetary aspects. Limitations  [...]

Switzerland is a tax haven and a country with liberal tax laws which provide a great get away for people all over the world to stash away their illegal funds in Swiss bank accounts to evade taxes in their parent country. The wealth earned and acquired by dubious means is stashed away in Swiss bank accounts. Swiss bank follow strict banking ethics as they never disclose the true identity of the account holder, and all transactions are shrouded in secrecy and it is very difficult for the governments and the law enforcement and tax agencies to trace these account holders and amounts kept in these Swiss accounts. Lately there has been a positive turn around, as India and Switzerland have agreed on April 20, a treaty which will help the Indian tax authorities get more information on those  [...]

There is a overall gloomy picture  all across the world as there is a slow -down in the economy, pay cuts, recession, job cuts, inflation and it has become very difficult to survive and fulfill your financial obligations, and with increasing debts it is very difficult to lead stress free life. This is the point where debt settlement plays a positive role in reducing our debts and stabilizing our financial status. Debt settlement is a method of reducing your outstanding payments and debts in such a way that you can make your payments fast, save interest and other charges. In this method you negotiate with your creditors to pay a certain amount of money within the stipulated time period and making them accept your terms regarding the settlement. Debt settlement is workable in credit  [...]

We often live with the fear of recession, job cuts, stock markets crashing, political instability, health related problems, etc and thus saving is very important for facing unforeseen situations in our life and sailing through successfully. Savings could be in the form of bank fixed deposits, recurring deposits, postal certificates etal. All these saving options give us good returns in due course of time. Most importantly they are a place where we can say that our money is safeguarded and we can blindly deposit money and let is multiply. Savings have to be invested by a proper channel like banks, insurance and post office to get the right profits as and when we need in future as you cannot make money by just keep your money under the mattress or stashed away inside a locker. Before  [...]

In the present era, every penny saved is a penny earned. Middle class households will surely vouch for this. But this is not only true for just the middle class people; a discount is an irresistible preposition for people from all strata of society. Realizing this, the bankers made the most of it by promoting a credit card with cash back facility. It does sound fascinating, doesn’t it? Imagine that you are eligible for cash back whenever pay a bill using your cash back credit card. The cash back is in most cases of 5 percent of every bill that you pay. Take for example your telephone bill is of Rs. 2000 /-. When you pay your bill using the cash back credit card then you will be asked to pay only Rs. 1900/- in your credit card statement. Cash Back Item List It is strongly advised to know  [...]

Do you remember the story of the thirsty crow? Yes the crow who with his lateral thinking managed to raise the level of water and thus quench his thirst. There’s a deeper meaning to this story. We all have varied desires but often we end up over spending and this leads to a condition of deficit. But timely savings like the ant and the grasshopper which again has a hidden lesson will help us tide over bad times if at all they occur. A penny pot is the simplest way to initiate the process of savings. As a child, you would be thrilled at the prospect of filling your piggy bank with coins. This was your first encounter with saving. Keep saving for a special occasion or a task in mind. In the rat race of the present day we have forgotten the simple joys of saving. Saving a huge amount may  [...]