“Should I prepay my home loan or invest the extra money?” is one of the most common financial questions. The confusion happens because people compare guaranteed interest savings with uncertain market returns without adjusting for tax, tenure, and risk. The answer is not emotional. It is mathematical. Once you calculate your loan interest rate, expected … Read more
Most borrowers assume banks calculate interest perfectly. In reality, small calculation differences, incorrect rate resets, insurance bundling, or fee additions can increase total repayment significantly over 15–25 years. Even a 0.25% higher interest rate on a ₹50 lakh loan for 20 years can increase total interest by more than ₹1.5–2 lakh over the tenure. That … Read more
In India, CIBIL scores range from 300 to 900, and most banks prefer a score of 750+ for smooth loan approvals. According to lending industry data, borrowers above 750 often receive lower interest rates compared to those below 700. Even a 50–70 point difference can impact approval probability and loan pricing. A low score increases … Read more
Credit cards are profitable only when you never pay interest. The biggest reason people lose money on cards is not overspending alone — it is missed due dates, partial payments, and misunderstanding of billing cycles. Even one delayed payment can trigger high interest, late fees, and damage to your credit score. Autopay eliminates human error … Read more
One of the most common financial dilemmas is deciding whether to prepay a loan or invest extra money. Some people suggest clearing debt first, while others recommend investing for higher returns. Both approaches can be correct — but only in specific situations. The right decision depends on interest rate, expected investment returns, tax benefits, and … Read more
A good credit score is one of the most powerful financial assets you can have. It affects your ability to get loans, credit cards, lower interest rates, and even faster approvals. Yet most people don’t understand what actually improves their credit score and how long it takes. Many follow random advice like taking multiple loans, … Read more
Credit cards are powerful financial tools, but most users treat them like free money instead of a payment system. The result is interest charges, late fees, and growing debt that cancels any rewards earned. The reality is simple — rewards only make sense when you never pay interest. This guide explains a structured system to … Read more
Most investors don’t lose money because of bad investment options — they lose because they mix goals, timelines, and risk incorrectly. Many people invest short-term money in equity, lock long-term funds in low-return products, or take loans while holding idle savings. This leads to financial stress, unnecessary EMIs, and unstable returns. Goal-based investing solves this … Read more
Regular monthly income is a major financial need for retirees, conservative investors, and anyone seeking stable cash flow without market risk. While many people invest for growth, fewer focus on predictable income planning. This is where the Post Office Monthly Income Scheme becomes highly relevant. The MIS monthly income trick helps investors structure predictable cash … Read more
Safe investment options continue to attract strong interest as market volatility and uncertain returns push investors toward guaranteed income products. Post office and government-backed schemes remain popular because they offer stable returns, capital safety, and predictable income. The small savings rates Jan-Jun 2026 update reflects the latest interest structure for schemes like PPF, NSC, MIS, … Read more