Among the innumerable savings schemes in India, Chit Funds have been one that hasn’t had it easy. Although the primary kind of savings scheme for people since decades there have been various reasons for the decline of this segment, primary among them being the flourishing of disorganised financial schemes conducted by an unscrupulous few. Shanthala […]
Shanthala Chits
Annual Budget FY2020-21: How Small Investors Can Secure and Grow Their Financial Holdings
The enormous annual budgetary exercise by Government of India has begun for the Financial Year 2020-21. India is the fastest-growing trillion-dollar economy in the world and the fifth-largest overall, with a nominal GDP of $2.94 trillion. So our budget planning is a vast and complicated exercise involving several stakeholders – government, industries, bankers, investors, borrowers, […]
You must gain control over your money or the lack of it will forever control you. –Dave Ramsey
Being financially secure is one of the main drivers for individuals to push themselves towards a better career, more growth and the urge to do better for themselves. Besides earnings and salary, savings are a major factor for financial security well into an advanced age. SB accounts and PPF’s have always been the first preference […]