“Credit Card” provides a few benefits to you such as Cashback, e-vouchers and reward points. Are they really benefits or hooks which can land you in a trap? If you use your credit card with care and abide by the essential rules of using a Credit Card, you will improve your credit score. Whereas, if … Continue reading BEWARE of 7-Traps and Optimize Your Credit Card Usage
Should you quit your never-ending job, and make a decision to retire early? What else do I need to have, in order to consider my retirement seriously? These are just a few, but very common questions popping up in the minds of most young and middle-aged working person. The thought of early retirement instantly lets … Continue reading How do you know if you are actually ready to retire
Life’s little surprises always bank on credit facilities. Raj, a 35 year old executive built his dream house which he financed through credit. To meet his new lifestyle requirements, he went on a spending spree adding more electronics to his foray through his credit card. Little he did realize that his debt slowly was snowballing … Continue reading How these credit facilities make you fall prey for the debt trap
I remember of a recent incident, where a young man of about 30 years, who came to me for a consultation. He wanted to check with me different modes of borrowing money at a lower interest rate to pay off his high cost credit card debt. I was curious. He was earning well. He did … Continue reading How to Pay-off your High Cost Credit Card Debt?