A new analysis suggests that diverting surplus income into pensions may offer greater tax advantages and long-term benefits for those aiming for early retirement, challenging the traditional focus on paying off mortgages first. For people building towards early retirement, the…
Buyers enticed by zero-cost EMI options for expensive smartphones need to scrutinise hidden charges, taxes, and discounts, as these can make the instalment route pricier than paying upfront. A new smartphone that costs Rs 60,000 can make a zero-cost EMI…
As health risks increase after 60, Indian seniors must navigate rising premiums, complex policy features, and regulatory guidelines to protect their savings and access vital medical care. For older adults, health cover is less about peace of mind than preserving…
The government-backed Kisan Vikas Patra scheme remains a low-risk, fixed-return investment for Indian savers, doubling their money in nearly ten years at a 7.5% interest rate, with added flexibility before maturity. For savers who want to avoid stock market volatility,…
Initial meetings with financial advisers are shifting towards establishing trust and understanding client goals, with emphasis on transparency, relevant documentation, and clear communication about fees and qualifications, as industry guidance highlights new best practices. A first meeting with a financial…
Interest rates on new bank deposits in India eased in July, while borrowing costs remained largely stable, according to RBI data, hinting at a softer deposit pricing despite steady lending rates. Interest rates on fresh bank deposits in India eased…
Consistent expense tracking, categorisation, and automation are transforming how individuals manage their finances, making saving easier and financial stress less overwhelming. Keeping track of spending is one of the simplest ways to reduce money stress, yet it is often the…
Stanbic Bank Kenya has been ordered to refund a customer after a court found failures in its digital verification systems enabled fraudsters to hijack his account and transfer over Sh1 million. The ruling highlights evolving legal standards for bank security…
India’s Ministry of Home Affairs has issued an alert about malicious apps disguised as adult-content platforms that are being promoted via social media ads, risking phone security and financial theft. India’s Ministry of Home Affairs has warned Android users about…
A 53-year-old man from Mysuru fell victim to a sophisticated online matrimonial scam, losing over Rs. 13 lakh after being manipulated through fake profiles and emotional pressure, highlighting a worrying rise in cyber fraud schemes across India. A 53-year-old man…
A comprehensive approach to choosing health insurance involves evaluating total costs, coverage details, and claim processes, rather than just premiums, to ensure genuine value and protection. Choosing a health insurance plan on premium alone can be misleading. A lower monthly…
Innovative repayment tactics, such as extra annual EMIs and increasing instalments, can reduce a 30-year mortgage to just over 10 years, saving borrowers significant interest costs. For many middle-class families, buying a home starts with a long mortgage and the…
