Experts emphasise that the first five years of employment are critical in establishing financial resilience. By avoiding lifestyle creep, delaying unnecessary debt and investing early, young professionals can secure long-term wealth and avoid costly mistakes. The first five years of…
Experts highlight the importance of viewing health, money, and study as interconnected decisions, emphasizing strategic budgeting, prevention, and shared responsibility to enhance family stability and long-term progress. Planning for health, money and study works best when families treat the three…
A new report highlights how differing costs and uses of card loans, cash services, and revolving credit in South Korea influence household debt and financial health, amid rising borrowing trends. For consumers who need a small amount of cash quickly…
A retired Bhabha Atomic Research Centre technician in Mumbai has fallen victim to a sophisticated impersonation scam, losing nearly ₹25 lakh after fraudsters posing as police officials pressured him into a false criminal investigation, highlighting a worrying trend among digital…
Victims of new-account fraud surged by 31% in 2025, as organised crime networks exploit sophisticated methods, making early detection vital for protecting credit and personal information. New-account fraud is becoming harder for consumers to spot and easier for criminals to…
Yashika and Sharan navigate differing attitudes to money to craft a tailored financial strategy balancing debt reduction, investments, and lifestyle goals, highlighting innovative approaches for young couples. Yashika and Sharan are trying to do something many young couples find difficult:…
With early closure penalties and lower interest rates applicable for short-term withdrawals, investors risk substantial losses on fixed deposits if they break them before maturity. Experts advise checking bank-specific rules and exploring alternatives like loans or overdrafts to minimise financial…
While longer repayment periods lower monthly bills, the Consumer Financial Protection Bureau highlights that they can significantly increase total interest paid, making seemingly affordable loans much more expensive overall. A lower monthly payment can make a loan feel more manageable,…
Axis Bank highlights that salary accounts can often be retained across job changes if certain conditions are met, but ongoing salary credits are crucial to maintain benefits and account status, with implications for fee structures and account features. Changing jobs…
Breaking a fixed deposit before maturity may lead to reduced interest earnings and penalties, potentially lowering the final payout significantly , borrowers should scrutinise terms before withdrawing early. A fixed deposit can look simple on paper: put in money, wait…
The 4% pension rule, a longstanding benchmark in retirement planning, is facing scrutiny as experts highlight the need for personalised strategies amid changing market conditions and individual circumstances. The long-standing 4% pension rule remains one of the most familiar yardsticks…
A retired bank employee in Faridabad fell victim to a Facebook-driven online investment scam, losing ₹321,999 in a broader crackdown on cyber frauds across the city involving social media and mule accounts. A retired bank employee in Faridabad has lost…
