Finance Articles

A car is somehow a big purchase for a middle-class person, and the question of how to pay for a large purchase is always tied to the endless series of choices, such as save or borrow? Now or later? The list keeps going. A lot of people do believe they need to save up before they can dive into making that big purchase, but experts […]

Can We Afford Raising a Kid Now? Here’s What You Need to Know About Budgeting. Parenting is cute; but have you considered the cost? Congratulations! If you are here, that means you’re considering whether it’s appropriate to cross that line. Or perhaps you are expectant and hope to see what’s in it for you. Whatever the case, deciding to have a child is a beautiful […]

You’ll reach a point in your life when you can say with certainty that you’re ready to purchase a house. Perhaps you’ve been renting a long time and you’ve finally decided that it’s time to own. Rest assured this financial decision could be a wise investment on your end. Yes, real estate is still a prime commodity—one where you have the potential to earn should […]

Microfinance is the need of the hour for a developing country like India. It is a way of providing access to credit, insurance, and savings to poor people. Microfinance has taken the shape of the community microfinance movement. Different communities arrange funds through money pooling for those in need of money. It enables the people with a minimum income to raise their standard of living […]

If you are a salaried employee, you may have noticed that there’s a good amount of monetary deductions on your paystub every month. Occasionally, you may receive a bonus or overtime payment but you never get to receive the total amount because of the allowances and tax payments. This overall salary without any deductions is called Gross Salary and it is different from your Take-Home […]