Maybe I shouldn't use the Coronavirus pandemic to give any advice. It doesn’t feel right, to be honest. But what to do - when things are normal and routine, people don’t listen. It’s only when things get out of hand…
Category: Personal Finance
RBI’s 3 Month Loan EMI Moratorium: Should you Opt for it?
To provide relief to the borrowers who are facing possible disruption of income due to coronavirus-triggered nation wide lockdowns and its spillover effects on the economy), the RBI has announced 3 Month Moratorium for borrowers. And more specifically, this moratorium…
Extension for Tax Saving in FY 2019-20: Till 30th June 2020
As the country has been locked-down for next few weeks (and hopefully not more) due to Coronavirus, there is some relief for tax savers. Many were anxious about missing the due date of March 31, 2020 for investing in tax…
Stable Investor on WhatsApp + Telegram. Join FREE!
Hope you all are safe and healthy in these times. Thousands of you have already subscribed to Stable Investor’s emails. And I am thankful that every now and then, you allow my mails to pop up in your inboxes. 🙂 But…
As Markets Fall, Don’t Forget…
Markets have been falling around us. Reasons are many. Some known ones like Coronavirus fear, expectations that global economy will take a hit because of that, escalating oil wars, still expensive valuations, one private bank’s fiasco and what it means…
Avoidable Investment Products!
Every financial product sold has a person behind it. And like you and me, that person too needs to earn money to live. Naturally, she/he will do everything to sell that product to you so that she/he can earn a…
Check Eligibility before Applying for Personal Loan during Unexpected Cash Crunch
More and more people are taking personal loans in India. And if I remember correctly, I read some report that said that the personal loans now form a major chunk of the overall number of loans being disbursed in India…
Personal Loan Or Credit Cards: Which to Use & When?
You need money and you don’t have money. And why do you need it? Assuming its for genuine reasons like medical expenses, temporary disruption in your cashflows, urgent unplanned travelling, etc., what are your options then? (Let’s skip borrowing money…
If all Income Tax Exemptions are Removed?
The Budget 2020 reworked the income tax slabs. Now, 2 tax regimes will co-exist and give taxpayers a choice. The old one comes with higher tax rates but offers a host of exemptions and deductions. The new one will have…
New Vs Old Tax Slabs FY 2020-21: Which is Better + Calculator
The Budget 2020 proposed to restructure the income tax slabs. So it's natural that people will begin asking: Which is better for tax-payers in India: New Tax Slab or Old Tax Slab from Financial Year 2020-21 onwards? And to be…
Why do you need to Improve your CIBIL Score?
Two colleagues - Chandan and Nitesh work for the same MNC Company in Bengaluru. Both of them had been house hunting for some time and eventually zeroed down on similar flats in the same project. Like most, they decided to…
Should SEBI revisit MF Categorization: To widen Large & Mid Cap categories?
Remember SEBI’s Mutual Fund Categorization exercise of 2018? The primary purpose of that monumental exercise was to bring uniformity between schemes offered by different Mutual Fund Houses and to reduce investor’s confusion, thereby helping investors to easily understand schemes and…
How Credit Card Due Interest is Calculated?
If you use credit cards in India in 2020, then let me ask you a few things. Have you ever thought about how is credit card bill calculated? Do you know how interest is calculated on credit card outstanding dues?…
Why paying ‘Minimum Amount Due’ on Credit Card is Wrong?
Do you know What is Minimum Amount Due in Credit Card? If you are a credit card user and you don’t know that, then chances are that you are in trouble. And if you are one of those who just…
Prepayment Strategy if you have Multiple Personal Loans
Do you have multiple personal loans? Hmm…. And do you now feel a little bogged down with all those EMI payments every month? It’s natural to feel that way, even if you had been careful in choosing personal loans when…