While there is the irresistible urge to go for a brand new car, it might not suit everyone’s pocket. Perhaps, you have done a few test drives and shortlisted your favourite model. But you are unable to decide between the new and old. Hop on as we drive you through its pros and cons.

For a lot of young Indian urban working women, motherhood is no more a simple decision. The question often arises, that does it make sense to become a mother in their 20s or delay it to their 30s when they are more likely to be financially stable?

Is it possible to negotiate a reduced work schedule with your employers? And what will be the financial consequences?

“Stop eating out”. “Cancel gym memberships”. “Shop with a grocery list”. Often such advice is given to save money. However, there are some items that should never be cut out of your household budget.

You keep calendars to remind yourself of personal events like anniversaries, doctor visits, or piano lessons. Why not extend the good practice to organise your financial life as well?

The festive season has begun and like every year there are plenty of discounts and freebies. From waiver of stamp duty and registration to doling out free modular kitchen and gold coins, builders are leaving no stone unturned to sell their wares. Should you bite the bait?

Rs 5, Rs 10, Rs 20, Rs 50, Rs 100, Rs 500 and Rs 1000. Whether you are spending big or small, Mahatma Gandhi - the Father of the Nation - has smilingly witnessed your spending pattern.

If you are finding it hard to repay EMIs on your home loan, there are a few steps that can help you salvage the situation.

Some surveys are talking about an impending recession at the global level, while there are already signs of economic slowdown back home. Whether it will eventually happen remains a million-dollar question. However, by making changes to your everyday financial habits, you can be ready for any eventuality.

What comes first - prepaying the home loan or saving for retirement? Paying down your home mortgage would make you debt-free earlier than usual. On the other hand, longer life span and falling interest rates require that you plan aggressively for retirement. There are no easy answers.

Is there a middle ground? That’s what smart beta funds position themselves to be. It claims to offer the benefit of passive investing combined with some of the advantages of the active ones. It hopes to maximise returns for investors or reduce risk through scientific construction of portfolio.

What to do when you get to keep your job, but in turn your paycheck is slashed?