Credit card debt? Don’t drown! 5 life jackets to save your finances

Credit card debt? Don’t drown! 5 life jackets to save your finances

Credit card debt presents a dual challenge for both consumers and the economy, particularly during adverse economic conditions. High payments towards credit card debt reduce disposable income, leaving fewer funds for necessary expenses and discretionary spending. Consequently, this can dampen overall consumption and hinder economic growth. The ensuing financial stress can weigh heavily. Debt often … Read more

Ensure financial stability before opting for zero-interest EMIs, says Raj Khosla of MyMoneyMantra

Ensure financial stability before opting for zero-interest EMIs, says Raj Khosla of MyMoneyMantra

A lot of millennials and Gen Zs take loans to fund their weddings. What’s your view on that? What are some of the things that they should keep in mind before taking a loan to fund their wedding and how should they go about it? Spending large sums of money on weddings is one trend … Read more