Summary: The S&P Survey reveals that financial literacy varies widely across countries, with only 33% of adults worldwide understanding basic financial concepts, and significant gaps existing by gender, income, age, and education, particularly in India where just 24% are financially literate. Top 10 With Highest Financial Literacy SL Country/Economy % Adults Who Are Financially Literate…
Summary: Here’s my uncle’s simple money lessons from our chai stall chats, saving daily, investing wisely, staying patient, and giving generously, guided my journey from financial mistakes to building lasting wealth. Introduction There was a small chai stall near our college exit gate. After attending the full day lectures and practicals, that aroma of masala…
Summary: The EPFO 3.0 update, set for May–June 2025, will introduce instant PF withdrawals via ATMs, faster claim settlements, Aadhaar-based services, and a new mobile app, aiming to make retirement savings more accessible and efficient for over 9 crore Indian subscribers. Jump to the conclusion. Introduction If you’ve ever had to withdraw money from your…
Summary: This article guides us on using credit cards wisely by paying bills in full, building a strong credit score, earning rewards without overspending, and treating the card as an emergency tool, all while debunking myths about interest payments. Jump to the conclusion Introduction You’ve got a new credit card in your wallet and you…
Summary: This article outlines practical strategies to maintain a CIBIL score of 800 or higher, emphasizing timely payments, low credit utilization, and disciplined debt management for better loan terms and financial stability. Introduction I know that you are aware how important a CIBIL score is in for us, if not, I’ll suggest you read this…
Summary: Let’s explore whether you can live a normal life in India without a credit score, highlighting how daily expenses can be managed without one, but major goals like buying a house or traveling abroad often require a credit history for smoother, cost-effective outcomes. Introduction Why everyone keeps talking about credit scores? You’ve got your…
Summary: This article guides young people with no credit history on building a credit score from zero, detailing the timeline, six months for a starter score, 12–18 months for a “good” score, and 18–36 months for an “excellent” score—while sharing practical hacks and common pitfalls to avoid. Introduction Recently I got an email from one…
Summary: This guide explains credit scores and reports in India, detailing how to build and improve your credit for better loan and credit card opportunities. Introduction You’ve probably heard the term “credit score” being used casually by people around you. Do you know what it actually means? I’ll tell you more about what is “credit”…
Summary: The Gensol Engineering saga traces the rise and fall of a promising solar energy company, from its 2019 IPO and peak stock price of Rs. 2,300 to a 91% crash by April 2025, triggered by crippling debt, credit downgrades, and SEBI’s fraud allegations against founders Anmol and Puneet Singh Jaggi, who misused funds, dragging…
Summary: This article guides you through practical steps and smart saving options like PPF, RDs, and mutual funds to build your first one lakh, emphasizing discipline, budgeting, and small lifestyle changes for financial success. Introduction You’ve set your sight on saving your first one lakh rupees? That’s a fantastic goal. One lakh might not seem…
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Summary: Discover how to save money for what matters most to you and your family with a simple, step-by-step guide tailored for Indian households. Learn to prioritize your goals, manage your income, and build a disciplined saving habit. This practical approach helps you stay prepared for life’s big moments, one small step at a time….
Summary: This article we’ll explore whether saving or investing is more important, comparing their benefits and risks, and guides you on choosing the right option for your financial goals with practical Indian examples. Jump here to see a mind-cap & a comparison table. Introduction I know how much we value every rupee (our income). Growing…
