One of the most frequent spam calls we all get is the one offering us a personal loan. These calls from hired tele-marketers posing as “bank executives” are meant to introduce various personal loan products to prospective customers. Several gullible people often assume that getting a personal loan is a very simple process. When in […]
Author: Anuradha C
5 pointers to help you choose your chit funds wisely
You’ve evaluated several financial investment options and have zeroed-in on chit funds as an attractive choice? That’s a good decision and you’ve already taken the first step in the right direction. Now, we’ll help you make an informed choice about the right chit fund scheme to choose, for your particular needs. We’ve answered below, some […]
Smart Investment Tips for Investors in their 30s
The youthful 20s are the time when most of life’s big events take place – completing education, starting a job, getting married. However, it is the mature 30s that really define our personal and career graphs for the rest of our lives. It is the age to settle, consolidate and start building a prosperous future. […]
The art of budgeting – why it’s important and how its done
Who doesn’t like to be financially stable, to be able to spend on important things without worrying where the money is going to come from. Live a prosperous life and ensure a secure future. These are key goals for humans living all over the world. Only the scope may vary depending on what position we […]
For personalised and flexible financial services – Opt for Chit Funds
There are numerous financial instruments out there, vying for our attention – marketing their schemes, attractive rates of interest, repayment plans, investment returns and what not. Traditionally people looking for a loan or planning to make an investment would look no further than the nearest branch of a nationalised bank! The more adventurous kind would […]
Quick reference guide to reassess your finances – Post Covid recovery
The past year has brought untold financial stress and misery for some people. Small vendors, unorganized labour force and the urban poor have been the main victims. Job losses, mounting health bills, business closure for long periods, unpaid credit card/loan liabilities – these are some of the common problems many among us have been through. […]
5 Tips for Dads on How to Be Good Financial Role Models
In the life of a child, the role of the mother is celebrated and glorified much. But the silent, hard work of a father in shaping a child’s life is often taken for granted. While the mother might be a care-giver and nurturer of the child, the father is responsible for providing economic support and […]
4 important mistakes to avoid when handling credit – Tips for borrowers
Shanthala Chits has always advocated the judicious use of credit while managing finances. The reason for this is the inherent financial difficulties and risks which borrowers face when their borrowing plans go wrong. Especially in uncertain times like the present, when stable incomes cannot be taken for granted, it is easy to fall back upon […]
6 Important steps to keep your business safe from recession
Yet another round of lockdown has begun in the country, as the pandemic rages with renewed vigour this year. People are bracing themselves to protect the health and wellness of their loved ones on one side. But on the business and livelihood side, the uncertainties are piling up again. However, this time we have one […]
How to maintain a healthy credit score? – Tips for borrowers
When an urgent need to borrow money arises, most of us either take a loan or use our credit card to fulfil that need. As a borrower, we are at the mercy of the bank or financial institution, and we have to prove to them that we are capable of making the repayments promptly. Don’t […]