Who doesn’t like to be free of financial burdens? How will my family manage in case of a job loss? How to handle the finances for my daughter’s marriage? Is it possible to plan a long holiday this year without straining my budget? Oh, how do I handle this sudden medical emergency at home! The […]
Personal Finance
HOW CAN CHIT FUNDS HELP BUSINESS OWNERS AND START-UPS?
After the success of home-grown startups such as Flipkart, OYO, Freshworks etc., which have now grown into billion-dollar businesses – one thing is common is the way the founders went about raising funds when they initially started. There was an article in economic times that covered the story on how Sachin Bansal and Binny Bansal […]
GIVE A FRESH START TO YOUR PERSONAL FINANCES THIS DUSSEHRA
The Hindu festival of Dussehra is actually a tradition that denotes the victory of good over evil. While it calls for celebrations and is considered to be that time of the year when people take a fresh look at life in general, many also see it as an opportunity to implement the concept for getting […]
Common misconceptions about money management – Beware of them, be financially secure
A lot of the financial management of the common man happens as a result of informal advice received from various sources – friends and family, TV/media commercial advertisements, newspaper headlines and so on. Some of the people advising us may be financially prudent and have our interests at heart. However, some of the other unverified […]
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 […]
Become a SMART money manager – We’ll tell you how!
As a part of our campaign to spread financial literacy, we at Shanthala Chits regularly bring you blogs on investments, expenses, loans & liabilities and other aspects of money management. Hope our readers find them as good reads. If readers want any specific topic to be covered in our blogs, please write to us. And […]
HOW TO DIG YOURSELF OUT OF DEBT IN 5 STRAIGHT STEPS
Why is a Chit Fund company blog stressing so much on debt management, you might wonder. That’s because we at Shanthala Chits truly believe that we have a say in your financial well-being. We would want to see our readers and investors manage their wealth in an efficient and systematic manner. We’d like to be […]
WHAT IS AN EMERGENCY FUND? HOW MUCH TO KEEP ASIDE FOR EMERGENCIES?
Leading a successful life is not just about how we manage our everyday normal activities and strive towards stability and prosperity. It’s also about expecting the unexpected and being prepared to face adversities. When the going is good, it’s very common for people to take their sound financial position for granted. The temptation is to […]
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 […]
THE SAVING HABIT – KEY TO FINANCIAL PROSPERITY
A rupee saved is a rupee earned. That is a very frequently quoted axiom by financial gurus all over the world. High net worth individuals may make their millions in several ways. But for the average working professional or business owner, achieving the right balance between income, expenditure and saving is the key to financial […]