Sachin managed his financial emergency through an emergency fund, credit cards, and a personal loan, ensuring stability and support during unexpected job loss and relocation.
4 min read24 Jul 2024Financial security is crucial for single women in India, who face unique challenges. Despite improvements in financial inclusion, obstacles remain such as lower access to credit. Building an emergency fund is essential, providing a safety net and peace of mind amidst uncertainties.
4 min read14 Jul 2024Click here to download the Mint App https://livemint.onelink.me/MrDS/p0kx3pdg
5 Apr 2023After China, Sri Lanka’s last major creditor, agreed to restructure its bilateral debt, the IMF gave the island nation a $3 billion conditional loan to access $4 billion from other multilateral lenders. The IMF has disbursed $333 million, the first tranche of a four-year loan, if Sri Lanka implements its reform package. The Sri Lankan envoy, who met India’s finance minister Nirmala Sitharaman, noted that India was the first bilateral creditor to restructure its loan.
5 Apr 2023Wealth advisors suggest that it is advisable to raise loan by pledging mutual funds instead of selling securities, particularly when the market is undergoing an extreme volatility
4 min read23 Mar 2023Planning and devising an emergency fund is not enough; it is a need to manage it well too. Keeping some essential tips in mind can ensure the efficient use and management of the fund.
3 min read24 Jan 2023Investing emergency funds might still be a question mark for you as saving bank accounts are giving insufficient returns. In this article, we will explain the best place to invest your emergency funds.
2 min read6 Jan 2023New year is on its way and 2022 was not good for everyone. Let’s understand the importance of emergency funds and their high-yielding investment options.
2 min read4 Jan 2023Sudden unemployment can leave you fiddling for money. The inability to pay your bills on time can take a massive toll on both your finances and mental health.
5 min read18 Nov 2022Layoff announcements by various companies have put many professionals in a tizzy. More than the focus to search for a new job, the challenge is to have enough money in hand to pay for the next six months’ worth of expenses.
4 min read17 Nov 2022The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared