Tackle Those Big Events in Your Life by Investing Wisely Today!

All the big events in your life deserve to be memorable. For this to happen, you need to make smart investments by starting small today to guarantee good returns and capital gains. Choose investments that help you not only save, but also productively use your income. The correct investment portfolio can help fund your life’s big events.

Here are some of the big events in your future that may need financial consideration:

1. Marriage: You will be required to spend money on various aspects like caterers, venues and event planners. An average wedding in India costs around Rs.15 lakh to Rs.20 lakh.
2. Education: Tuition fees for higher studies, especially overseas, are a big expense. You may also need to fund the education of your children. For example, studying in the US can cost up to Rs.30 lakh per year. 
3. Holidays: Travelling to new places, in India or abroad, can be difficult unless you have a good amount of savings. The average cost per person for a trip to Europe for two weeks is around Rs.3 lakh.

Here are some investment options that you could consider to finance these big events in the future:

1. Company fixed deposits:

1. These are FD (fixed deposits) offered by financial institutions and companies.
2. They offer you attractive interest rates that can go up to 8% and above.
3. This option offers you highly stable and safe returns.
4. These FDs offer you a flexible tenor up to 60 months.
5. They also offer you easy online account management.

2. Debt mutual funds:

These are debt securities like corporate bonds, government bonds and other money market instruments.
These are issued by organisations and government authorities.
They provide you instant gains over your investment.
You can invest in this option over short to mid-term.
They also provide you high rates of return on investment.


3. Recurring deposits:

1. These deposits work on the similar terms like FDs.
2. However, they involve depositing a small amount of money in account rather than a lump sum.
3. They are perfect for salaried individuals who have just started working. 
4. In these deposits, you can invest a minimum of Rs.500 and a maximum of Rs.1.5 lakh.
5. They offer you a rate of return that goes up to 7%. 

4. Public provident funds:

1. This is a provision created by the government that encourages investors to invest money in a public fund.
2. This option offers returns up to almost 8%.
3. It is perfect for salaried employees that wish to save a margin of their income every month rather than investing a huge sum of money at one go.
4. The lock-in period for this investment is up to 15 years. The investment cannot be withdrawn prematurely before the lapse of the tenor.
5. The account can be renewed after the end of the tenor for a maximum of 5 years more.
6. The interest gains for this amount are tax-free. However, the tax can be deducted from the principle at the time of depositing.

These are some of the low to medium risk investment options you can make the best use of to fund the big occasions in your life with ease. Starting early is key to meeting all your major financial expenses and enjoying your life to the fullest.

7 Apps to Save Money

For many people saving money, budgeting and tracking their finances is an utmost difficult. That’s because there are money saving apps are bombarded with a bunch of discounts and offers. Money saving apps have been on trend for the past few years. 

The most attractive thing about these apps is the various offers and cash back opportunities. Want to save more money on shopping, to recharge, to pay bills etc? paytm, phonepe and much more have got your back! 

Now, just by using any one of the apps down and save money by getting unbelievable cash back offers and amazing discounts.

Here are the 7 apps that everyone can save money through: 

Paytm

Paytm has started 8 years ago. It is one most user-friendly, most loved and trusted e-commerce and e-payments brand. Everyone can save money by shopping or by booking tickets online or by recharge your mobile/ DTH/broadband/landline/data card and cable TV or pay your bills for electricity, water, gas, and credit cards. Just add money to your Paytm Wallet and be eligible to pay any other Paytm user. 

You can transfer your Paytm money/cash back to your bank too. Here is best promo code that paytm offers to save money on buying groceries up to 200/-

• paytm newly introduced this promo code ONCEAMONTH. But above 300/- purchasing products are available to use this promo code. And this offer is only applicable for once in a month. You can save 200/- per month. 

likewise there n number of discounts and offers and promo codes are available in paytm. Use BHIM UPI to pay to get additional Rs. 30 cash back for your first UPI based transaction on Paytm. Get the Paytm app for free on the Google Play Store and App Store.

Phonepe

Phonepe! It is one of the brands. By using phonepe everyone can receive instant refunds and cash backs from your favourite shopping destinations. 

Just link your bank account to the phonepe app and make secure payments and hassle-free directly from your bank account 24/7. They are providing multiple payment modes; make your daily payments seem less by this one, use your UPI enabled bank account, phonepe wallet or your debit and credit card. 

If you use phonepe for everyday payments for mobile recharge, utility bills and for booking tickets etc., you will get 70% cash back offer. Recently, phonepe introduces gold sell option. You can buy gold at a reasonable price. Get the phonepe app for free on the Google Play Store and App Store.

• You can save up to 50% of your money on payments via UPI transactions. 

And there are various offers providing to save money like on DTH recharges you can get upto INR 300 cashback.

Free charge

Freecharge is one of the recharge and bill payments brand and as its name suggests, it offers you cash back in wholesale! Free recharge’s goal is to provide you with free recharges by offering you the same amount of coupons as the recharge amount. 

Use free charge app and get coupons for exciting fascinating clothing brands, restaurants, movie tickets and many more. Also get cash back on your transaction using your Freecharge account at a merchant’s website. 

Ultimately, you can save money on this app. you have an opportunity to save up to Rs. 100/. Freecharge is available for free on Play Store and App Store. 

• Everyone can save up to 150/- rupees on postpaid bills. 

MakeMyTrip

MakeMyTrip is one of the money savings apps by giving special discounts on travelling. It was started 18 years ago and successfully leading with best customer satisfaction till now. MakeMyTrip offers great offers exclusive discounts and a seamless online booking experience. 

Flight, holiday and hotel bookings through the website or mobile app is a delightfully customer-friendly experience. By just a few clicks you can complete your booking. Ultimately, this one gives instant discounts, my rewards program, fare calendar, my wallet and many more. 

By just sign up and by inviting referrals chances to earn money to 555/-. Download the MakeMyTrip app from the Google Play Store or App Store for free.

Mobikwik

Mobikwik is also one of the money saving app. It allows you to pay for hotels and bus tickets along with mobile recharge and payments. Add your money to Mobikwik wallet and enjoy cashless payments in major stores and vendors using Mobikwik. 

In their 10 years of presence in the e-payments industry, Mobikwik has managed to catch a lot of attention because of its eye-catching Rs. 150 cash back offers and also allows you to convert your Payback card points into super cash and can be used for payments. Get the mobikwik app from the Google Play Store or App Store for free.

• By applying online recharge offers everyone can save money up to 15/- 

Tez

Tez is a mobile-friendly payment service provided by Google. This one asks for your mobile number associated with your bank accounts to set up the app. We can get cash back by transferring money. 

After a referral, both people will get the money added to their bank's accounts. By transferring amount every time you can get a scratch card only once in a week. Scratch card gives the user the chance to earn up to 1000/- like this you can save money. Download Tez app from the Google Play Store or App Store for free.

• Google is offering users 51/- for referring new users to use the app by this you can add money to your bank.

payZapp

PayZapp is a complete payment solution giving you the power of pay and offers in just one click. Just download the app and link your debit or credit card by scanning it and you are good to go. Get amazing offers on the same. Best deals on shopping, dining, travelling, and movies are here.

• Use coupon code “ACTIVE” to get Rs. 25 cashback on Rs. 100 DTH recharge amount. So, everyone can save money up to 25/- 

Now make instant payments at malls, restaurants, cab service and much more using PayZapp to avail cashback. Get the payZapp from the Google Play Store or App Store for free.

By the introduction of above money saving apps, life is becoming easier day by day and practically free. Cashback and discounts are so readily offered, and basically, online payments save a lot of time and money and provides extra discount/cashback using online recharge offers. Go ahead with these amazing savings apps online today!

Understanding Social Security: 4 Facts Everyone Should Know

Social Security was a program implemented by the U.S. Congress in 1935 to provide a steady income for older individuals and others. It has provided for millions of American since its inception and is one of the most revered programs provided by the nation’s government. 

However, Social Security has complex rules and restrictions that can be confusing. Here are some of the most basic points of the Social Security system that you should keep in mind.

Not All Employment Contributes to Social Security

If you earn wages from a company, your employer will deposit money into your Social Security account held by the government. If you are self-employed, you will have make the deposits to the government yourself. 

Unless portion of your earnings are deposited to your Social Security account, the wages will not be calculated toward your benefits.

Disability Can Qualify You to Receive Benefits

Social Security is not just a retirement program. It provides income for individuals who are unable to work because of illness or other disability. The rules regarding these cases are complex, and application for benefits can take some time complete. 

You may require an attorney experienced in social security disability benefits to help you navigate the application process.

Applying before Full Retirement Age Reduces Your Benefit

You can begin to receive Social Security benefits as early as age 62, but the amount will be less than if you had waited until full retirement age. Full retirement age is currently 66 years of age for those born between 1943 and 1954. 

If you apply at age 62, your benefit will be reduced by 25 percent. At age 63, your benefit is reduced by 20 percent. At age 64, benefits are reduced by 13.3 percent. And at age 64, benefits are reduced by 6.7 percent.

Years to Qualify for Divorced Spousal Benefits

Individuals who are at least 62 years old may receive benefits under the account of a working spouse if the working spouse has applied for their own Social Security benefits. 

However, if you are the divorced partner of a working spouse, you may receive benefits even before your spouse files for benefits, if he or she is at least 62 years of age. You must have been married to the working spouse for at least 10 years.

Social Security can be a puzzling system, with many requirements for different circumstances. The complex rules have evolved over time to cover a variety of situations that arise in modern society. 

You can find a wealth of information about Social Security benefits on the Internet, along with phone numbers that will connect you to individuals that can answer your questions. 

These resources can provide the information you need to determine whether you are eligible for benefits and the best ways to utilize these benefits for your particular needs.

My Favourite Contemporary Artists by Yomi Rodrig

My name is Yomi Rodrig and I work as a hedge fund manager; working in the investment sector means my mind never shuts down from thinking of new ways I can invest both my own and clients’ money. One of my favourite Items to invest in is contemporary art.

As well as enjoying visiting galleries, exhibitions and meeting with well-renowned and up and coming artists, contemporary art is rising in popularity and therefore value, making it one of the best and most interesting things to invest in at the moment.

If you’re keen to learn more about contemporary art from either a hobby or investment point of view, then please carry on reading to learn more about my favourite contemporary artists who put their own unique stamp on the art world and have become renowned for their individual styles, making them not just well-loved members of the contemporary art market, but valuable ones too.

Rudolf Stingel

Born in Merano, Italy in 1956, Rudolf Stingel is now based in New York City and I believe the style and inspiration for his work comes from this contrast in cultures. Stingel was first recognised for his monochrome pieces, which are a far cry from the work he has continued to create in later years. 

Stingel’s style is unique to him and often employs materials that aren’t usually considered mediums for art such as silver sheets, cork and carpet.




The scale of Stingel’s work varies from vast spaces such as his exhibition at the Palazzo Grassi in Venice in which he used patterned carpet to cover the space and create an environment that encouraged visitors to think and feel, to smaller hanging pieces such as those on display at galleries such as Gagosian and the Omer Tiroche Gallery.

The concept behind Stingel’s work is to provoke conversation by not stating the obvious in his works, he aims to get visitors to his work discussing what they see and creating their own interpretation of his work, hence he adds finer details to his work but generally keeps them open and simple.

Yayoi Kusama

The colourful and creative Yayoi Kusama was born in Japan in 1929 and is infamous around the globe for being an artist of many areas and a writer of many genres. Her pieces include paintings, drawings and sculptures and even extend into the fashion industry.

One of Yayoi Kusama’s most infamous concepts is her ‘Infinity Mirrors’ exhibitions which have been hosted in various venues around the globe, including temporary exhibitions at the Dallas Museum of Art and Victoria Miro Gallery in London, and permanent exhibitions at various locations including the Mattress Factory, Pittsburgh, Pennsylvania and The Broad, Los Angeles, California.

The idea of the ‘Infinity Mirrors’ exhibitions was to reflect Kusama’s previous artworks into a vast open space, taking the pieces from hanging artworks and into an experience that tested all the senses.

Takashi Murakami

Born on February 1st 1962 in Japan, Takashi Murakami is a multi-talented contemporary artist, specialising in both fine arts such as paintings and sculptures and commercial media such as fashion and merchandise. 

Murakami’s aim after graduating from the Tokyo University of Art was to establish himself as a successful artist in the Western art world and then move his empire back to Japan to help encourage the growth of an art market in Japan, which he felt was currently missing.

Due to being strategic in how he produced and advertised his work, Murakami is now well-known around the globe for his work. As well as creating traditional pieces of artwork for galleries and exhibitions around the globe, including 727 which takes permanent residence at the Museum of Modern Art in New York, Murakami was enlisted to work with designers and brands such as Louis Vuitton and Issey Miyake where his work was used as the inspiration behind commercial products such as handbags.

Not only is an interest in contemporary art a way to engage in interesting conversations and experience unique things but dedicating time to exploring the contemporary art world could open a new investment opportunity if you gain a good understanding of the market and the value of the best artists and their works.

How A Bad CIBIL Score Can Ruin Your Chance Of Getting Doctor Loan

You heard of an opportunity to take over a polyclinic facility nearby. Sadly, you have to give it a miss. You realise that you do not have enough resources and lenders are hesitant to offer loans since you have a poor credit score.

Your CIBIL score is what speaks of your creditworthiness in front of banks or other financial institutions when you apply for a loan. An individual with low or bad CIBIL score is usually denied loan sanctions. Having a bad CIBIL score can hinder your chances of availing a doctor loan.

Why Is CIBIL Score Important to a Doctor?

To expand their practice and business, you as a doctor might need financial help for it. A CIBIL score can help you get the finances you need. Having a good credit score can fast-peddle your loan application for further formalities. 



But, seeing a bad credit score, banks or other financial institutions are known to reject applications.

What Will Affect Your CIBIL Score?

● Payment dues

Lenders need to know that their money is returned to them in the time given. If you have a payment dues on your credit card, or have ongoing loans, it will tend on influencing your credit history. The CIBIL score helps lenders know how credible you are for a loan. A bad CIBIL score will lessen your chances of getting credit without any hassles.

Amount of utilization

Having many loans and credit cards reflect that you have pending dues to pay. The amounts of those also matter. It is commonly known that the amount of credit you use from what is available to you shows how you manage your funds. It is advisable that you use only 30% of the total credit available to you and pay the bill on time.

● Healthy mix of credits (secured and unsecured)

Availing too many unsecured loans reflect bad credit score. There should be a healthy balance between secured and unsecured loans in your name. This shows the lender that you have securities that you have given for a loan. It holds up your CIBIL score and assures the lenders about your credibility.

● Infrequently checked credit report

Going a long while without checking your credit scores can land you in trouble. It is possible that you may have missed some information. Checking your credit score regularly will ensure that you have no wrongly put information or any technical error. It helps in keeping your credit history clean.

● Too many debts

If you have too many debts, lenders will be hesitant about lending you money. More so, if the debts have bad repayment history. Keeping your records clean, paying your EMIs regularly and keeping a track of your credit are all ways of avoiding too many debts.

● Many recent accounts

Availing a loan when you have recently applied for credit cards or other loans reflect badly on you. It may also give the lender the impression that you are greedy. Your CIBIL score is, hence, affected and it lessens the chances of you getting a loan when you actually need one.

How To Improve Your CIBIL Score

• Pay your dues on time
• Fasten your debt repayments
• Don’t have too many unsecured loans
• Monitor your finances
• Keep your credit history clean

Conclusion

To get a doctor’s loan, your best bet is to always maintain a good CIBIL score. It is certainly a boon. Having a healthy score not only improves your chances of being approved for a loan easily but also helps you earn lower rates of interest. Bajaj Finserv offers a range of doctor loans at affordable rate of interest. You can use the credit given to you on a flexi-loan basis that saves you interest. The doctor’s loan from Bajaj Finserv comes to you in times of need.

How Your Used Assets Can Put Money in Your Wallet

Do you need to save money for something? Perhaps you want to go on a family vacation. Maybe you’re planning on moving into a larger home. Either way, you need to have the finances. 

Don’t assume that there’s nothing you can do to be more proactive about getting them, either. Your used assets may actually help you save, believe it or not. Your “trash” may just be another person’s treasure.

Organize a Garage Sale

Organizing a yard sale can be a wondrous way to quickly earn some extra cash. It can be a fantastic way to clean your home and free it of any pointless clutter as well. It can even be a fun event for the entire family. 

Garage sales enable people to speedily unload. Do you have old artwork that just doesn’t interest you anymore? Do you have clothing that’s too small for your children? Hold a garage sale on a pleasantly mild day. Be sure to advertise it in your community, too.

Sell Your Used Assets on the Internet

You don’t have to have a big yard to get rid of your used assets. That’s because you can sell your used assets on the Internet in this day and age. Internet auction websites can be excellent for people who are looking to sell or auction off their unwanted items. 




Internet classified listing websites can be just as effective and convenient. You can sell anything you want online nowadays. You can get rid of an old piano that’s taking up way too much space in your living room. You can get rid of a bicycle that you no longer ride as well.

Sell Your Old Car

Do you have an old vehicle that’s simply wasting valuable space in your garage? Why not sell it to earn some cash? There are many reputable companies that give people cash for their old cars. 

Selling your old, used car is a simple process for most people to take on. They often purchase vehicles regardless of factors such as condition, mileage, and features as well.

Head to a Pawn Shop

Do you have used jewelry that no longer captivates you the way it did in the past? You can probably sell it for cash at a nearby pawn shop. Look for reliable and credible pawn shops in your area. Pawn shops can make fine choices for people who want to rapidly get their hands on cash.

Something that’s useless to you may be gold to another person. If you need to save cash, take a look at all the things around you that you just don’t need or use.