Guide to learn,earn and manage money
The first printing of the US dollar as we know it today took place after the establishment of the Federal Reserve in the year 1914 (Prior to this, the bank notes were issued by individual banks). In the present times, the US dollar is one of the strongest currencies in the world (The strongest currency … Read more
Credit cards are instruments issued by banks. Credit cards provide the facility to purchase goods or services through credit. Credit cards are issued with some pre-specified limit of payment and the time period up to which you can utilise the limit. If you do not repay the outstanding amount within the stipulated specified time you … Read more
Life Insurance is a protection-based product but it is misunderstood as either an expense or a saving-linked product. As has been mentioned in the latest economic survey 2022–23; the insurance penetration in India is growing. Insurance penetration is the ratio of Insurance Premiums collected to the Gross Domestic Product (GDP). In India, the insurance penetration … Read more
US Fed stands for the “United States Federal Reserve”.The 12 Federal Reserve banks in the different regions of the United States of America are collectively called as US Federal Reserve. During the times of Covid-19 whole new breed of investors came into stock markets. The trading and investing activity increased exponentially. Every share you purchased … Read more
There is an inverse relationship between the bond prices and the interest rates prevailing in the market. This means if the interest rates are increased, the bond prices decrease, and vice versa. Bonds are instruments of investment for the investors and an instrument to raise funds for the issuer. You can read more about the … Read more
In our previous article, we discussed the various components of Monetary Policy and how monetary policy affects the interest rates across the banking and financial system of the country. In this article, we would discuss the impact of changes in interest rates or monetary policy on various indicators of the economy. If you have not … Read more
Monetary Policy is issued by the central bank of the country. In India Reserve Bank of India (RBI) is the central bank. The monetary policy came into the limelight during the time of Covid-19. You might have seen a lot of new investors came to the stock markets during the time of Covid-19. The reason … Read more
As the name reflects, health insurance is the method to provide a safeguard against the expenses of medical treatments. Changing lifestyles, fast foods, smoking, and drinking habits played an important role in deteriorating the health of Indian people. COVID-19 also taught a lesson about the importance of health insurance. Hefty hospitalisation expenses and costly medicines … Read more
Bonds are investment instruments for investors but similar to loans for issuers. Let us first understand the nature of bonds and loans. Have you ever taken a loan? The answer may be a “yes” and if “no” then you may plan to take one in the future. You may either approach a friend, relative, or … Read more
Succession planning is an important aspect of the life of every earning individual. Be it a middle-class family or the family of super-rich succession planning plays an important role but it is largely ignored. You might have heard about the family battle in your neighborhood or any of your business associates or in the family … Read more