This Week 2016, Next Week 2017..!


Hello Friends!

Here we are, in the end of 2016! We all have gone through many ups & downs this year. Year 2016 has been like no other year since Demonetization was announced! So much has changed this year, India is changing to a Digital Economy.

New Year brings the promises of new beginnings and self improvement. Don’t make new resolutions this year but change your perspective towards it so that you can meet the end!

Well, talking about Personal Finance, I am sure most of the people would be trying hard to find a healthier Personal Finance Portfolio for 2017, you can adopt some of the ways.

  • Review your Investments:

Most of the people are not very keen towards reviewing their investments. It is important to review your investments on a regular basis so that you can make changes accordingly and stack out the ones which are not doing well.

  • Plan your Budget:

2017 is round the corner, this is the most suitable time to plan your budget for the New Year. It is important to make the budget and follow it as well. Stay within your Financial Budget to achieve your Financial Goals.

  • Put your Money to use:

Don’t let your cash lie idle in the bank. The inflation rate is growing day by day thereby shrinking your savings in the bank. Park your assets where it has got an opportunity to grow!

  • Inculcate the habit of Savings:

Money saved is Money earned! Try to cut down the unwanted expenses. Saving and Investing is the success mantra these days!

  • Plan for your Retirement:

You should ideally start planning for your retirement from an early age. But better late than never, if you haven’t started then you can do so from the beginning of the coming year. Ensure that you attain Financial Stability by the end of your working period.

A New Year brings new hopes. Start managing your money wisely to lead a financially secured life!

Wish you a Happy and Prosperous New Year!



Wedding Season and Investing!


Hello Friends! Here comes the wedding season…the time to strike the band and put your dancing shoes on as the couples walk down the aisle to tie the knot.

A new chapter of their life is about to begin. Here are some quick financial tips to the newlyweds so that they can build a financially secured future.

First of all, both husband and wife need to get organized. Make a list of all income, assets and debts that each of you bring into your marriage.

Secondly, start keeping a track on the money spent and earned because when two people leaving independently suddenly become one unit, spending can spin out of control! Adjusting to the new lifestyle may require little time. Make sure that you strike a correct balance between your income and expenses. Your every spending decision that is made can have a crucial effect. Thus, it is important for the couple to list down their priorities together.

It would lead to a better tomorrow if good financial habits are followed from an early stage. This will lead your life to a financially secured and responsible manner and avoid financial mismanagement.

Make it a point to save on a regular basis. It is not only about saving but start investing now so that it will help you to deal with your future expenses. The best way out is investing in SIP – Systematic Investment Plan wherein every month a certain amount is invested. A small amount every month can give you a big chunk a decade later in order to meet your future family needs.

Thus, the couples need to consider the financial wellbeing as an important topic in their new chapter of life!

More later…

Rise of a Digital Economy!


Hello Friends!

What is the new trend in India?

No Money, No Worries! … Go Cashless!

Today, we Indians are moving from a cash based society to a cashless and digital society at a remarkable pace!

Swiping the debit or credit card is the new wave today rather than carrying a 2000 rupee note! By the way, do you know that there is a transaction fee associated with every transaction that we do through our debit and credit cards! Let us understand what these charges are for.

Primarily, no banks or entities provide any kind of financial networks. You must have noticed names like Mastercard, Visa Card, embossed on your card. These are the international companies which provide the financial networks. Well, when you get an ATM Card, the bank provides you with the facility of using these networks. The bank pays nominal charges for every transaction and gets it back from the merchant, thus making the foreign companies more rich after every transaction!

So what is to be done? Well there is a way out! Not many people know about the Rupay Card.

Well, what is RuPay?

RuPay is an Indian domestic card scheme conceived and launched by the National Payments Corporation of India (NPCI). It was the Reserve Bank of India’s desire to have a domestic, open loop and multi lateral systems of payments in India and thus RuPay came into existence! RuPay is the Indian competitor for Master and Visa Cards.

RuPay is an Indian version so thus it is the portmanteau of the words Rupee and Payment! These cards got a major boost through the Pradhan Mantri Jan Dhan Yojana as RuPay cards were issued to the account holders.

Now you must be wondering that why should I switch to Rupay Card when I already have one Visa Card!

Well, it has got lot of advantages! The main advantage is that the transaction charges are minimal. More than that these charges will directly go to RBI & the most important thing is that the transactional data lies within the Indian servers. Isn’t it great?

So, next time when you apply or renew your card, make it a point that you opt for RuPay card. Let us take a step towards Better India!

Our small efforts can lead to a #BetterIndia!

More later!