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.