Savings

Updated : Jan 28, 2013

Things to keep in mind before lending money to a family member or a friend

A loan to a family member or a friend is usually unsecured. The terms and conditions are undefined or hazy and demanding payback is difficult. And if the loan goes bad, the relationship also sours. Moreover, such a loan is usually interest-free. Make sure lending to a family member does not become a headache.

Updated : Nov 1, 2012

Why building an emergency fund is a must in today's times

Build a fund that can be used in times of emergencies such as job loss and unexpected medical situations. While building an emergency fund, the two important things to be kept in mind are the amount required and the investment options.

Updated : Jul 18, 2011

Better savings options available at higher returns

Parking your money in savings account is not the wisest thing to do. There are several alternatives that pack better returns with safety and liquidity.

Updated : Mar 5, 2009

Why the advantage was lost

Unless the issues plaguing the central government pension plan are resolved, it won’t benefit the members.

Savings

Things to keep in mind before lending money to a family member or a friend

Why building an emergency fund is a must in today's times

Better savings options available at higher returns

Why the advantage was lost

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