Everyone knows that putting a little effort into managing different aspects of their life – whether health or career - can pay off in the long run. The same applies to money matters. The more you know and the greater attention you give your financial situation, the better the pay offs will be in the future.
This section features real-life stories of how people changed their money habits to improve their overall finances. So, tell us how you took charge of spending, investing or any other money management aspect to turn your finances around.
I had never taken a loan and was happy living my life with my existing salary. However, due to a family emergency I was forced to take a personal loan of Rs 9 lakh to help out. Thankfully we could handle the emergency but I realised that I would end up paying a large amount as interest since the… Read more
We are a family of five, with two kids and my mother who takes care of the house. Nita and I are both software professionals. Initially, with the kids, we found our expenses spiralling and were not left with anything to save or plan for our future.
We decided to classify each major… Read more
I believe life is too short to not to indulge in things that make you happy and I love myself some retail therapy. However, I found myself in a financial disarray a couple of years ago. Sometimes I was overspending and falling short on my bills, but mostly it was just poor planning.
I… Read more
I have just started working as a journalist. Though as a newbie my salary is not a lot, I still make it a point to save. My parents are middle-class salaried people who have built a great life by saving small amounts for years. They have taught me the importance of saving. With the help of my… Read more