7 ways to use your annual bonus to accelerate your financial planning journey

7 ways to use your annual bonus to accelerate your financial planning journey

Use a small portion to treat yourself Before you get down to the business of using the annual bonus for financial planning, you may set aside 10-20% of it. You can use this amount to treat yourself and your family. It is your well-deserved bonus for which you worked hard the entire year. Hence, you … Read more

How does co-signing a loan affect your credit score?

How does co-signing a loan affect your credit score?

When a borrower co-signs a loan, it can have both positive and negative effects. This can have both positive and negative effects on your credit score, based on how the borrower manages the loan.  For instance, 51-year Ajay Aggarwal decided to co-sign a loan for his son who wants to take a student loan.  This may also … Read more

Budget 2024: Centre’s FY25 gross market borrowings pegged at ₹14.13 trillion

Budget 2024: Centre's FY25 gross market borrowings pegged at ₹14.13 trillion

New Delhi: The central government plans to borrow a gross ₹14.13 trillion from the bond markets in 2024-25 to finance its fiscal deficit, according to the interim budget for FY25 presented in parliament on Thursday. The government, which reiterated its commitment to a continued fiscal consolidation, has set a fiscal deficit target of 5.1% of … Read more