If you have recently lost your job, take the following steps

The objective behind this move was to give immediate cashflow relief to individuals given that the economic lockdown could have severe negative impact on jobs and earnings. Even if you qualify for this, don’t opt for it unless you have run out of all your savings.

A lot of planning goes before one goes abroad for studies. Academic year usually begins in the month of September (Fall 2020 and so on) for many universities abroad. But this time, because of the outbreak of COVID-19, admissions processes have been thrown off-gear.

You may have to think about spending less for that purpose, however, the outcome over a period of time will surely have a positive impact on your future financial life. One way to ensure that your regular investments are the last to suffer is automating them.

It allows the borrower to save on interest payments (or repay loan faster) by parking any surplus funds into the linked bank account.

Here’s an approach you can consider to make sure that you use this fund optimally, in the unlikely event you are forced into unemployment temporarily.

A good score in turn keeps the credit line open, while allowing you to borrow at cheaper rates, if need be.

In a downturn, the possibility of lower income in the current year is a reality for many, but let’s not ignore the silver lining. A bit of rational thought can help you benefit even in these trying times. Here are three ways you can make the downturn work for you.

Leisure Travel - a big short term financial goal for many of us has changed. Let's see in what ways.

If anything, this current crisis has taught us the importance of a sound financial plan and to achieve that we must all incorporate these three standard practices in our money management.

Lower interest rates improve affordability by reducing EMI per lakh. So, does it make a strong case for buying a house now?

Currently, the insurers are offering the Coronavirus health policy either as an indemnity or benefit cover.