Getting the help of education loan became a necessary for parents to give higher education to their kids. Increasing fees and lot of new educational avenues brought education system as the business opportunity for educational institutes. Hence it is better to know about education loan in a better … [Read more...]
Archives for October 2012
Property Investment-Delaying may imbalance your finance
First of all sorry for not active since a week due to my travel. But this travel gave me an inspiration to write this post. Usually people think about property investment when they start to accumulate the good amount of cash. But I will show you few examples where even with small amount you can … [Read more...]
Difficulty of LIC policy revival
Today I am going to share with you what difficulty one of my relative faced during the revival of his LIC policy. Eventhough LIC is the number one Life Insurance provider in India but still few service oriented issues need to be upgrade.Before proceeding I want to define what is lapsed policy. … [Read more...]
Google India report on Financial choices-What it indicates?
Recent report compiled by Google India on the financial service industry by combining the Google search trends in India and an independent research report conducted by TNS Australia shows few of the interesting facts about Indian mindset in choosing financial products. It also reported what are the … [Read more...]
Unique Customer Identification Code (UCIC) for your bank accounts
RBI recently came up with idea of allotting unique code for each bank account holder. This facility was mooted to avoid multiple identity of customers. Let us see it's features.Unique Customer Identification Code (UCIC) is the code you will get to transact across all banks and financial system. … [Read more...]
Money illusion and your financial decisions
In today's post we will see how human mental calculations affect their thinking perception about finance. This perception is called "Money illusion". Money illusion in economic terms defined as tendency of the human to think currency in nominal value rather than real value.Nominal value means … [Read more...]
Importance of Why, When and How
When you look back at the financial scams and how people were fooled, then you may easily notice the basic homework of investing was missing. It may be any product over any geographical area. But the this reality exists. So why people so eager to invest before thinking twice or doing their … [Read more...]
Peer Effect on your investment decisions
Lot of our choices and decisions are depend on the society we live in and persons with whom we associate. We usually wear what is the current trend by observing the society surrounded by us. Some of our investment decisions also simply follow this human behavior. This is called peer effect on your … [Read more...]