5 ways to have financial compatibility in a relationship

5 ways to have financial compatibility in a relationship

Couples can work on creating financial compatibility by arriving at a common ground in financial matters such as spending, saving, and investing. This Valentine’s Day, one must not forget that financial compatibility in couples can make or break a relationship. Having a common outlook on money matters helps in creating a safety net. When partners are financially compatible, heartaches arising out of money issues are less likely to creep in. Couples can work on creating financial compatibility by arriving at a common ground in financial matter such as spending, saving,…

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Why Indigenous Chit Funds are crying foul over Demonetization?

Why Indigenous Chit Funds are crying foul over Demonetization?

When we talk about the informal economy, we are not just talking about the unorganized wage and labour set-up, but another purely cash-driven business model – the Chit Funds business. Come to think of Demonetization of the ₹500 and ₹1000 currency notes, which is a super – duper move to discipline parallel and black economies; this is one sector that has taken a bleeding blow. The Chit fund business is part of both the organized and unorganized sector. It falls under the so called grey area of the financial system. While…

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Discontinuation of Rs.500 and Rs.1000 currency notes – What you need to know

Discontinuation of Rs.500 and Rs.1000 currency notes – What you need to know

Introduction of new Currency to fight Counterfeit and Black Money In an address to the Nation yesterday night, the honourable Prime Mister of India, Mr. Narendra Modi mentioned about discontinuation of existing currency notes of Rs.500 and Rs.1000 from mid night yesterday. Hence for your help we are sending this communication on what you need to know Why Discontinuation: It is targeted towards “curbing fake currencies and black money in India” What it means is – From today onwards, Rs.500 and Rs.1000 will not be valid for any transactions (except…

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