Earn more, spend more, stay broke: CA warns against the comfortable poverty of high-income earnersCA Nitin Kaushik warns that a higher salary does not automatically create wealth. He argues that lifestyle inflation, social media comparis...
Retiring with an EMI? Here's when it can make sense and when it could derail your retirementRetiring debt-free is an ideal goal, but not always achievable or necessary. Experts suggest focusing on EMI affordability rather than comp...
Bank of Maharashtra slashes home loan rates to 7% with zero processing feesBank of Maharashtra has reduced its home loan interest rate to seven percent. This special offer includes a complete waiver of processing a...
Earning Rs 20 lakh to Rs 30 lakh in Bengaluru or Gurgaon? CA warns why your savings still look small and shares the wealth-building formulaCA Nitin Kaushik warns that earning Rs 20 lakh to Rs 30 lakh in Bengaluru or Gurgaon does not guarantee strong savings. He says lifestyle i...
'Not a family ATM': Parents ask NRI son to fund brother's Rs 1.1 crore dream home after Rs 19 lakh wedding help. Responsibility or exploitation?A Reddit post has gone viral after a man working abroad revealed that his parents want him to contribute another Rs 15-20 lakh towards buyi...
Home loan EMI, amortisation and prepayment- The mathematics every borrower in India must understandUnderstanding home loan mechanics helps borrowers reduce total borrowing costs. The reducing balance method ensures interest decreases as t...
Do you really need home loan insurance if you already have a term insurance plan?Home loan insurance is designed to pay off outstanding loans if the borrower passes away, while term insurance provides a one-time payment ...
Samsung foldables now account for over 20% of flagship sales in India, says Southwest Asia CEOSamsung's foldable phones now represent over twenty percent of flagship sales in India. The company anticipates further growth as consumers...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%Market mood rarely turns all at once. It turns in stages. And India's mood might have just entered the first of them: Because of a commodit...
"₹2 lakh salary also not enough": 27-year-old techie asks Reddit for brutally honest advice as EMIs pile upAn IT professional earning ₹2 lakh monthly shared his financial struggles on Reddit. He is overwhelmed by debt and mounting expenses after ...
Samsung wants foldables to go beyond metros: Aditya Babbar on India’s premium smartphone pushSamsung launched its largest foldable phone lineup, including the Fold8 and Flip8 models. The company aims to expand foldable adoption beyo...
Bengaluru CA says buying a Rs 1 crore home without Rs 1.93 lakh monthly salary is a financial trapBengaluru CA Meenal Goel warned that buying a home without proper financial planning can turn into a burden. She explained the 20-30-40 rul...
India vs US real estate: Transparency, legal protection, fraud risks, and what NRIs should consider before buying propertyIt is relatively easier to reliably buy or sell property in the United States, compared to the process in India, which can be fraught with ...
Rental growth in cities moderating after three yearsRental growth is slowing in major Indian cities after sharp increases. Mumbai is an exception, showing significant rent increases this year...
Rs 12 LPA and stress-free vs Rs 27 LPA and trapped: Two friends reveal the truth about lifestyle inflationAnkit Pandey shared the contrasting financial journeys of two college friends, one earning Rs 12 LPA and another Rs 27 LPA. While the lower...
'Wow, what a son he is': Man warns of the pressure behind buying homes and cars on loans, sparks online debateSocial media user Amit warned against the EMI trap, saying buying a house or car to meet personal or family expectations can come with hidd...
'It's a gold-plated trap': CA's viral post says Gurgaon's Rs 2-lakh EMI homes are just an illusion of wealth created for neighboursA chartered accountant highlighted Gurgaon's luxury lifestyle as debt-driven. High-earning professionals face large EMIs, trapping them in ...