Money

Madanan Sankara Marar (60) and his wife Thankamani Marar (55)
 (iStock)
 (Mint)
(Mint)

Make the most of your hike: Repay loans, bills first

  • Companies are likely to give 9.7% average pay increase in 2019 as firms expect a positive economic outlook, backed by high economic growth expectation, high domestic demand and low inflation
  • If you are working in sectors that indicates a raise, here is how you should use your increment this year

Photo: iStock
Photo: iStock

Capital gains arising from redemption of gold bonds is exempt from tax

  • The equity returns are best delivered over long term and a period of two years of low or even negative returns should not be a reason to change the asset class
  • Both gold and debt schemes are low risk investments as the targeted return over a longer period in both the asset classes is in proximity to inflation

Should you have Embassy Office Parks REIT in your portfolio?

  • Embassy REIT has a good quality underlying office portfolio with reasonable net distributable cash flow projections stemming from in-line occupancy and rental forecasts
  • ICRA has assigned provisional credit rating of AAA (stable) for Embassy Office Parks REIT, considering a consolidated view of the REIT along with the asset-owning SPVs proposed to be acquired by it

Photo: Mint
Photo: Mint

How millennials can reduce lifestyle borrowing

  • Easy access to credit is making millennials borrow more. Evaluate the rates and loan repayment capacity and ensure that you don’t fall into a debt trap
  • Short-term loans are opted more by millennials who recently entered the workforce and started earning

Pattabiraman Murari (44) and Rama Neelamegam (42). Murrari was able to achieve financial independence through systematic investments in equity and by controlling expenses
Pattabiraman Murari (44) and Rama Neelamegam (42). Murrari was able to achieve financial independence through systematic investments in equity and by controlling expenses

Light the FIRE and lose the fear of getting fired

  • While everyone wants to retire early, evaluate your finances and see if it is viable
  • Evaluate whether you want to scale back on work or retire altogether; then see at what age you can do this

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What a personal loan costs you

  • As personal loans come with high interest rates, continuous default will put you on a downward spiral
  • Here are some of the lowest personal loan interest rates offered by various banks

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 (Mint)
 (iStock)
Another factor driving savings down is an increase in household indebtedness (Mint)
 (iStock)
(iStock)

MCLR rate cut: How it impacts your loans

  •  If you are opting for a floating rate loan, MCLR is the benchmark rate to which you loan will be linked
  •  If your home loan MCLR is linked to 6-month MCLR, your interest rate will get reset only after the completion of six months in case there is a change in the rate at the time of the reset

 (Illustration: Sudhir Shetty)
 (iStock)
(iStock)

How India pays for fitness

  • An average Indian works out only 4-6 times a month as against the global average of 12-18 times and eventually ends up overpaying, says a study
  •  Kiran Raj says the pay-per-use sessions at the gym works for him best

 (iStock)
 (iStock)