Financial Advice


 Financial Advice you should know







For Debts


Prioritize the debt with the highest interest rates first. Once paid, focus on the next highest rate. 


Which is better Rs. 5000 in a savings account and Rs. 1000 in credit card debt or Rs. 1000 in a saving account and no credit card debt. Of course the latter. High-interest debt can cancel off any interest you earn from a savings account.


For Credit cards


* Don't use credit cards if there is no advantage. Because it encourages you to spend more.


*Set a reminder to pay off your credit card balance.  You will know how much you have in your bank account balance.


For Shopping


* Buy items during seasonal sales as it's the best time to purchase.


Compare prices online on at least 3 shopping platforms.


When you purchase, leave it in the cart for a few days. You will get an email offering further discounts on the item.

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