I am 35, and recently started a new job with a monthly income of ₹1.5 lakh. I have no significant liabilities and can save 40% of my income. My investments include: ₹10 lakh in MFs (large- and mid-caps, and debt funds); ₹5 lakh in fixed deposit; and ₹3 lakh in PPF. I aim to accumulate … Read more
As reported by TransUnion CIBIL, the average credit card debt per borrower in India was approximately ₹36,000 in 2021. While this figure may not seem alarming at first glance, the reality is that many individuals struggle with substantially higher credit card debt, often exacerbated by the temptation to swipe that plastic card for every purchase. … Read more
If you really love your classic car, perhaps keep it if you can, rather than sell it. Photo / 123rf Q: I’m in my mid-forties, with the mortgage on our family home about $150,000 remaining. Our other assets – in various states of liquidity across shares, index funds, crypto, classic car – are also about … Read more
The drawers were overflowing with skin care products and makeup – three different blushes, many eyeshadows, a dozen different mascaras, foundation and serum samples sitting unused for years. Still, Eduek Brooks counted on seasonal sales, especially for skin care, to grab the best deals. It was her retail therapy, chasing dopamine hits, she said. “A … Read more