Articles - Personal Finance
Understanding Sovereign Green Bonds
For the first time, the government of India has announced sovereign green bonds as part of its fundraising in the Union Budget 2022. Here's everything you need to know about them.
You may have heard famous sportspersons encouraging you to invest in mutual funds. Just like everything else, it is always better to assess the risk-reward equation before putting your money on the line. In this article, we will talk about certain ratios that help you assess mutual fund schemes.
There are different types of loans, including mortgages, student loans, and personal loans. Institutions like banks usually grant loans based on their credit score. Higher the credit score, the better chances of getting a loan. Borrowers with a better credit score are also offered loans at a better interest rate. Read on to find out more about loans and the difference between personal and business loans.
Banks offer a variety of loan products to you. A very common retail loan is a home loan. You use that buy a new home. For those who have surplus property or in need of money to meet personal expenditure, there is a loan against property. These are two different products. Read on to find out more about them and the difference between a home loan and a loan against property.
Loans are primarily classified into two: a secured loan and an unsecured loan. A secured loan is one where you use an asset as collateral for the loan. It is called a loan against property. Read here to know more about loans against property and tax benefits that it can avail.
At the outset, wealth creation sounds like a heavy concept to those who are new to the world of investing. However, as a starter, you certainly don’t need to be as good as some big-shot investor to create wealth. Simply speaking, you just need to start small, and take advantage of the compounding that happens when you regularly invest your savings, cut down your expenses and increase your investments incrementally.