The 2018 Union Budget and the Investor Class -KredX

The 2018 Union Budget and the Investor Class

The 2018 budget lays out a comprehensive action plan for the government’s financial blueprint. Here are they key points you need to be aware as an investor operating out of this country. Key Highlights of the 2018 Budget The government will contribute 12 percent of wages as EPF (Employees’ Provident Fund) in all sectors for…

Benefits of deflation KredX

How Deflation Can Favour The Economy

Deflation is popularly seen as the sign of a decaying economy. This is because in a deflationary economic system demand for goods and services are on the decline. Subsequently, the market forces end up decreasing the prices of goods and services in a bid to satisfy the elusive quantity of demand. More than an economic…

Is Your Aadhaar Card Up-to-date?

Is Your Aadhaar Card Up-to-date?

With the rising popularity of cashless transactions in India and the government’s efforts to shift towards a digital economy, it becomes vital to keep your Aadhaar card up-to-date. Your Aadhaar number or UID is your 12-digit identification number where all your information is stored. Since the introduction of the Aadhaar scheme in 2009, we’re sure a lot has changed; you’ve probably moved houses or changed your phone number and it’s important that you update your details on your Aadhaar card at the earliest. So, how do you go about it? Here’s a step-by-step guide on how to go about it.

Are short term investments really benefiting you?

Are Short Term Investments Really Benefiting You?

Short term investments are usually sidelined when compared with long term investments. In a conventional sense, any investment for a tenure lesser than 1 year is considered to be a short term investment. People often associate short term investments with high risk but that needn’t always be the case. You need to make informed decisions when it comes to investments; be it long term or short term.

The Only 7 Books You Need to Read in 2017 to Get Rich

The Only 7 Books You Need To Read In 2017 To Get Rich

We’re only about a month into 2017 and it seems to be a successful year thus far. To help you keep this prosperity going we’ve shortlisted seven books from the world of finance. In fact a recent study revealed that 88% of rich people spend at least thirty minutes everyday reading to improve their knowledge! We hope our list of classics and new releases will help you stay on top of your finances this year!

Financial Lessons Every Indian Kid Learns From Their Dads

Financial Lessons Every Indian Kid Learns From Their Dads

The story of every middle-class Indian kid growing up is pretty much the same. Those monthly shopping and movie trips with the entire family in tow where your parents picked out the baggiest jeans for your ‘outings’, those Bata shoes before the new academic year began, those “tu kitni badi ho gayi hai, kal hi tho kareedha tha” everytime mom realises you’ve outgrown your school uniform. And amidst all that there is dad. Unflinching. One thing common to most dads is their financial wisdom. Haven’t we all watched our dads do the family accounts, budgeting and spending hours poring over sheets of numbers that made absolutely no sense to us as kids? But through it all, we pick up certain pearls of financial wisdom like the ones below.