The business of lending and borrowing is one of the most critical financial transactions in any economy. But at the same time, it is highly prone to financial fraud. Whether it is individual borrowing, institutional or government borrowing, both the lender and the borrower need to take some cautious steps to verify each other’s credentials […]
The importance of money management lessons for children
As part of formal school and college education, children learn various different subjects. But one area that’s totally missing from the education curriculum of kids is money management. We teach a kid arithmetic – sums, percentages, ratio and proportions, and so on. But would we confidently send the child to the neighbourhood kirana store to […]
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 […]
5 Critical Investment Mistakes to avoid
Investors are a varied lot, with different backgrounds, different priorities and different financial goals. Small household investors may look to invest in long term schemes for securing their children’s future. Senior citizens would want to augment their monthly income with returns from savings. A young adult with the thrill of his first job may look […]
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 […]
Why financial awareness is important?
An aspiring businessman with a brilliant product idea wants to setup his own company. There are several areas of expertise that are required to make his business a sustained successful venture. The entrepreneur may be very knowledgeable about the business domain, how to recruit skilled manpower, design business strategies, and plan his product’s marketing initiatives. […]
Don’t neglect your credit score – it matters a lot!
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 […]
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 […]