Recently a reader posted this question to me: “Should I use funds from my mutual funds corpus to prepay home loan?” If you are also considering mutual fund withdrawals to prepay your home loan, I think article will help. It’s an intuitive urge, and at some stage of investing almost all investors face this dilemma….
Recently a person told me that his credit card company is offering a higher credit limit to him. He asked about the benefits of a high credit limit on credit cards. He was doubtful whether a high limit is beneficial or otherwise. I think many people face a similar dilemma. Hence I thought to write…
If you are in a dilemma about whether to invest or prepay the home loan using your spare cash, then you are not alone. This dilemma happens to a majority of people. When people climb-up the income ladder, they begin to generate more free cash. If the focus is on improving one’s financial health, wise…
How many live life completely dependent on their monthly paycheck? Not surprisingly, 95% of all salaried people live a paycheck to paycheck life. Why it is so? Because salary (paycheck) is a very assured form of income. But on downside, it makes people complacent about their financial security. Salary income is assured only till one’s doing a job. If one…
Buying your first home? Consider this as a great investment. But which is better, first self-occupied home or home put on rent? Lots of people face this dilemma while planning their first property. Few years back I had no home of my own. I used to live on a rented house. Then I bought my first…
