Understanding FOIR: A Guide to Financial Obligations and Income Ratios
The Fixed Obligations to Income Ratio (FOIR) is a critical metric in personal finance. It measures the proportion of an individual’s income that goes towards meeting fixed financial obligations. These obligations typically include items such as loan repayments, rent, insurance premiums, and other recurring expenses. Understanding FOIR can significantly impact
Six Must-Have Insurance Add-ons for your Cars this Monsoon
The monsoon season in India brings in heavy rain every time bringing potential risks to your belongings such as cars and bikes. From flooded roads to unexpected breakdowns, the chances of damages to your cars are high. However, with the right comprehensive car insurance policy, you can navigate these risks
Banks Having More Social Media Followers
When it comes to financial services, marketing can be very challenging! Financial institutions are required to ensure regulatory compliance at all times. On top of that dealing with economic challenges as well as changing customer habits makes marketing financial services a very demanding business aspect! In this regard, social media
Invest Smart: Top SIPs to Secure Your Child’s Bright Future
Parents know for sure that setting a solid foundation for their kids future is among the most important obligations. As much as we would like them to be provided with the best we can offer in terms of opportunities for education or anything else they may chase in their lives,
Discover the 10 Most Affordable Health Insurance Policies for Families in India
In the world that goes topsy-turvy very often with unpredictable events, having a health insurance policy for family is important. The cost of medical services has been on the rise for few years, and there is a growing concern since the world is facing a higher risk of diseases. An
Unlock Massive Gains: Top 10 Mutual Funds Based on 10 Years of SIP Success
Mutual fund investments have been one of the most preferred methods for creating wealth by investing through Systematic Investment Plans (SIPs). SIPs let investors invest a fix amount periodically; they also get to enjoy the principle of rupee cost averaging as well as compounding. If you are interested in learning
The Ultimate Guide To Marketing Your Mobile Service Business
Mobile phones today have become an integral part of our day-to-day lives. Right from communicating with each other and working to entertaining ourselves, we use smartphones for everything. However, consistent and regular use makes them prone to damage and breakdowns fast. This is where mobile phone service businesses come in.
Best Equity Mutual Funds in India with Top 5-Year Returns
Equity Mutual Fund investments offer good potential for bigger returns over the long term. It is a compelling option for individuals seeking bigger returns giving it period to grow. These funds invest in the shares of the company allowing investors to benefit from the share’s performance in the sharemarket. While
10 Best High-Risk & High-Return Mutual Funds for 2024
Risk tolerant Investors who are looking to generate wealth for future often pick high-risk, high-return mutual funds. This fund target mid-cap and small-cap industries which offer great potential for growth but comes with a great return risk. If you have a higher risk tolerance and a long-term investment horizon, these
Understanding the National Debt: What It Means for Your Finances
The national debt is frequently heard in political discussions, economic reports, and even casual conversations. But what does it mean, and why should it matter to the average person? Most people understand that the government, like individuals and businesses, can borrow money. However, the complexities surrounding national debt go far
Prem Anand
Experienced content writer specializing in Banking, Financial Services, and Insurance sectors
