Read from the most frequently asked questions on personal fiannce.

What is Compound Interest and How Does It Works?

Compound interest is interest computed on the original principle plus all accumulated interest from prior periods on a deposit or loan. It is computed by multiplying the original principal amount…

What Is Stock Market And How Does It Works?

The stock market is a gathering place for buyers and sellers to trade equities. People used to meet at the trading ring to purchase and sell stocks before the internet.…

What Are The Stages Of Startup Funding?

Every business, regardless of its nature or scale, requires funding to turn its unique ideas into reality. The majority of firms fail due to an inability to raise sufficient financing.…

What is Credit Score?

A credit score is a number ranging from 300 to 850 that represents a consumer's creditworthiness. The higher the score, the more appealing a borrower appears to potential lenders. A…

What is Insurance?

Insurance provides financial protection against loss. It is a type of risk management that is primarily used to mitigate the risk of a contingent or uncertain loss. An insurer, insurance…

What is Investment?

The dedication of an asset to achieve a gain in value through time is referred to as investment. Investment necessitates the sacrifice of a current item, such as time, money,…

How to save for a vacation?

Around this time of year, when you start to consider taking a trip, vacation planning frequently starts. But ideally, you're also considering setting aside money for a trip. Vacations typically…

How to save for down-payment?

In a recent move, the National Housing Bank, India's premier housing institution, proposed allowing lenders to loan up to 90% of a property's value for homes costing Rs 20 lakhs…