Finance Insights - Expert Advice, Investments, Economic Trends in India

What is a Mutual Fund and How Does It Work?

26Nov

By IndiaBloggedNo Comments

Finance, Mutual Funds

What is a Mutual Fund and How Does It Work?

Money is one thing that everyone wants to grab hold of but seems to slip away with every passing moment. While earning is significant for sustenance, investment is important for the future. No one stays employed or in working condition for the entire life. This makes investments a must during the working years of one’s life. Mutual funds surely make for one of the best laterals to put your hard-earned money in. However, being one of the financial market essentials, not everyone comprehends all about it. Here is a brief about what mutual funds are and how they work to secure your future. Read on to know what is a mutual fund, SIP, NAV all about. Mutual Funds-An Overview Mutual funds are a special way of investment that offers substantial returns after a certain time. According to the m...

10 Important Tips To Consider Before Taking A Home Loan

26Nov

By IndiaBloggedNo Comments

Banking, Finance

10 Important Tips To Consider Before Taking A Home Loan

Buying or building a dream home requires enough supply of funds. Putting all the liquidity into one avenue at a time can be a risky investment as well. To skip such issues, you can opt for home loan available on easy terms from several banks. The banking sector is one of the primary providers of liquidity when you need it. Several banks offer home loans at different interest rates and other associated terms. You should always run thorough market research before settling for any of these. EMI is another factor you should consider while picking a home loan. Here are some of the aspects you need to take care of before finalizing the home loan settlements with a bank or financial institution. Research The Available Loan Options When options are countless, your level of r...

10 Things You Must Do To Keep Your Bank Account Safe

25Nov

By IndiaBloggedNo Comments

Banking, Finance

10 Things You Must Do To Keep Your Bank Account Safe

We live in an era of online transactions, internet banking and convenient fund transfers. No matter how trivial or simple our bank needs are, we tend to be completely dependent on technology. Laptops and smartphones have made life easier and have taken over every aspect of our lives. Gone are the days when we had to think twice before banking. But, with technology comes the risk of online fraud and thefts. Online banking has added convenience to life but, it comes with a fair share of risks. To protect your account information and prevent banking fraud, it is important to adopt safe banking practices. How do you ensure complete safety of sensitive information? Here are 10 things that will help to keep your bank account safe. Change Passwords We understand that you do ...

10 Reasons to Buy Health Insurance Before You Turn 30

25Nov

By IndiaBloggedNo Comments

Finance, Insurance

10 Reasons to Buy Health Insurance Before You Turn 30

The 21st century has brought about a lot of changes in how people work and live. It is currently being characterized as a time where young people work long hours and lead a strenuous life. Moreover, regular people engage in unhealthy habits and have to face pollution every day. As a result, there's physical and mental stress that keeps on piling up. Everyone feels invincible when they are young. But one day, there may come a time when all the stress, unhealthy habits, and the effects of pollution will lead to serious health problems. In such cases having Health Insurance will save your life. Is It That Important To Get Health Insurance? Many aren't convinced that they need health insurance. One of the frequent questions is- won't you have to lose huge chunks out of your monthly...

Can You Get A Credit Card If Not Employed?

18Nov

By IndiaBloggedNo Comments

Credit Cards, Finance

Can You Get A Credit Card If Not Employed?

Credit cards are an important part of our lives. We cannot imagine our lives without the plastic money. The financial institutions and banks necessitate proof of employment to issue a credit card. For a credit card, documents such as salary statements, income tax returns, etc are required. If these documents are not available, credit cards will not be issued. This makes it hard for unemployed people to get hold of a credit card. A credit card is an exceptionally beneficial service. Use the credit card properly and correctly to avoid a financial quandary. Not having a job is not a barrier to getting a credit card if you have a good credit history. Even old or retired people require credit cards. These people do not have a job however; they are still entitled to get a credit card if t...

Why ET Money Is The Most Favorite App For Mutual Funds?

18Nov

By IndiaBloggedNo Comments

Banking, Credit Cards, Finance, Insurance, Mutual Funds

Why ET Money Is The Most Favorite App For Mutual Funds?

ET Money app is the preferred app for mutual funds as it helps in the productive management of finances. It offers a single and one of the most impressive gateways for investing your money in multiple mutual fund schemes. It has enabled the implementation of personal financing management plans easier than ever. ET Money App is an Ideal Option for Managing Mutual Funds A multi-use investment platform is the biggest reason for the growing popularity of this mutual fund app. It is extremely useful as it fulfills the varied financial needs of young and tech-savvy investors. The application helps to invest finances in mutual funds and insurance. It also offers a gamut of facilities to apply for loans, along with checking credit scores. The app enables the new generation of investors ...

10 Things You Should Know Before Getting Your Credit Card

29Oct

By IndiaBloggedNo Comments

Credit Cards, Finance

10 Things You Should Know Before Getting Your Credit Card

Ever since online shopping became a thing of delight, shopaholics received a multitude of payment options right at the fingertip. But within a span of time, shoppers started preferring online payments instead of ‘cash on delivery’. Even today, when you visit a mall to buy clothes, you will examine that maximum people are using credit cards. Using credit cards for online shopping has also become a perfect way to make shopping even more enjoyable than before. And getting the first-ever credit card is a massive milestone. It might turn out to be a huge adjustment if you do not understand the ten things before getting your first credit card. Going for a Security Deposit You might have read dozens of blogs regarding why to get a credit card. But the safest answer to this is ...

29Oct

By IndiaBloggedNo Comments

Finance, Insurance

Insurance is More Than Just Tax Saving

At the end of the financial year, a lot of people in our country buy life insurance as they think it is tax-saving. Often in the process, they end up buying inappropriate plans or paying higher premiums. This is one of the greatest financial mistakes. When a person buys a life cover, the purpose should not be limited to mere tax saving. It is also an important way to protect your loved ones. Buying term insurance is also sort of an emotional decision. It’s about ensuring that your loved ones have a secure financial future after you pass away. Insurance provides a financial safety net by replacing your income or serving as an inheritance for a loved one. Unfortunately, that is not why most people buy a life insurance policy. The primary idea is to save a few bucks on tax. Here, ...

6Oct

By IndiaBloggedNo Comments

Banking, Finance

10 Interesting Facts about Indian Banks

This write-up will introduce you to some interesting facts about Indian banks and the banking system. The Indian Banking System has users around the globe. It has a rich history and currently has stood as the backbone of the nation and its government through thick and thin. Reserve Bank of India (RBI) governs all banks in India (these include both nationalized and private banks). The RBI has laid out a series of rules for ensuring that all Indian banks can provide customers with a friendly banking experience. While users are aware of most of those Indian bank facts, there are also some lesser-known regulations related to banking transactions and services. The section below would introduce you to several interesting facts about the history of Indian banks and also provide you informatio...

Avoid These Mistakes If Your Fund Isn’t Doing Well

6Oct

By IndiaBloggedNo Comments

Finance, Mutual Funds

Avoid These Mistakes If Your Fund Isn’t Doing Well

Mutual fund investors who wish to get higher returns on their investments often invest in equity funds Equities manage to bring in big returns from time to time as they invest the investors’ money in the stock market. As the equity funds have market links, they start performing badly whenever the market experiences a slide. It’s common for investors to panic whenever the markets have a downfall. This panic often ends up having a strong negative impact on the decision-making ability of these individuals. They keep making decisions that bring in bigger losses for them than what the temporary slide in the market could have caused. Investors, who are wondering how to protect their investments when their funds are not doing well, should first know the mistakes they should never commit in su...