Risk based pricing of credit instruments is a trend that’s gaining ground in Indiatoday. What that means is – the higher your credit worthiness, the lower interestyou pay on any borrowings. My young cousin, Naren, recently went to a Honda car showroom, full ofexcitement and eagerness to buy his first car. He is a young […]
Author: Anuradha C
5 important investment lessons from 2021
WE WISH ALL OUR SUBSCRIBERS AND READERS A VERY HAPPY, HEALTHY AND PROSPEROUS NEW YEAR 2022. LOOKING FORWARD TO STRENGTHENING OUR RELATIONSHIP WITH ALL OF YOU THIS YEAR. As we step into another New Year, again in the shadow of the looming pandemic, let’s see if we can pick up some important lessons from the […]
Save small and gain big – The benefits of small savings
Did you have a piggy bank while growing up? The one in which you could put in small monies given as gifts by your favourite aunts and uncles on festival days. When you were the topper of your class in an examination, your proud father would give you a small reward, and you would cherish […]
How to dig yourself out of debt in 5 straight steps
Why is a Chit Fund company blog stressing so much on debt management, youmight wonder. That’s because we at Shanthala Chits truly believe that we have asay in your financial well-being. We would want to see our readers and investorsmanage their wealth in an efficient and systematic manner. We’d like to be apartner and well-wisher […]
5 smart financial goals that you can set for 2022
Its time to start afresh as the threat of the pandemic is slowly dying down in our country. If you are getting ready to usher in the New Year 2022 with some smart financial planning, we have some good pointers for you to aid your short-term financial goals. Long term goals such as retirement goals […]
How to use Chit Funds to raise capital for your business
As soon as a new entrepreneur comes up with an attractive product idea to start a new business, the first question that pops in his mind is “What do I do for funding?” Most SME entrepreneurs use their personal finances to fund their ventures with seed capital (Initial investment to kick start your business). Once […]
The perils of a personal loan – Why it is better to avoid them
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 […]
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 […]