There is an element of comfort in dealing with friends. “At least, they wouldn’t cheat you” is the usual reasoning. But then, there can be pitfalls as well.

We need a phone to communicate, internet to browse, electricity to live and gas to cook. In a way, it’s our life line. Expenditure on these utilities can’t be completely done away with. However, by spending smartly we can chop-off the excesses and save for your future.

Contrary to popular opinion, term policy – that offers pure life cover – is not a ‘commoditized’ product. You need to go beyond the premium to look into its policy features and terms and conditions as well.

Supposing your budget is off-balance. How do you then figure out which expenses to knock- off the list? This approach will help.

How much to donate is a personal choice. While you may or may not follow any rules, it is always a good idea to donate, according to your capacity and without stretching your finances.

Your net worth is nothing but the combination of your liabilities or loans, your investments and your cash.

By packing your own food, you save at least 50 percent of the eating costs. A tomato soup that costs Rs 100 at a restaurant can be packed from home by whipping a few tomatoes, which in turn can serve you six times over for the same cost.

A family vacation is a time to relax, enjoy, and spend quality time with your loved ones. However, not budgeting for it isn’t great for your finances. Here are some guidelines to make sure that all goes according to plan.

With every new gadget launched in the market aimed at making human life more straightforward, the allure of instant gratification has led many into the inevitable debt trap. So, here are some ways to plan your short-term life goals.

If loans keep piling on, you will find one day that you are unable to repay with your regular income stream. Getting stuck even with one large sized housing loan can be a bother, if say your job is not secure or you want to change your profession. Unfortunately, loans tie you down and you will realise that only when it is already too late.

While it might be a healthier, chemical-free lifestyle to adopt, it is also expensive. The big question is whether you can actually afford it?

Any pre-owned vehicle comes with its own teething problems. One of those also includes taking a loan on the said vehicle, which may not be as cheap as it seems on paper. Here are some things to consider before you go ahead with buying that used car using a loan.