What is a Letter of Credit and How Does it Work?

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Finance

What Is a Letter of Credit and How Does It Work? A letter of credit is a financial document issued by a bank that guarantees a buyer’s payment to a seller within a specified timeframe. It is used primarily in international trade transactions to mitigate risks, ensuring that all parties involved fulfil their contractu al […]

8 Finance Goals to secure a better future

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Finance

CIBIL Score: The Ultimate Guide Goals give you a direction and purpose to move forward with everything you want to achieve. Even when it comes to money.  Financial goals can help you create a roadmap for a brighter financial future. But something that’s more important than setting personal finance goals is setting the right ones. What exactly […]

Basics of Investing in India

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Finance

A Beginner’s Guide to Investing in India Investing your money is a powerful way to increase your wealth and secure financial stability. It is the process of allocating your money in assets with the expectation of gaining profits over a period of time. When it comes to investing in India, you have multiple options like […]

How to build an emergency fund?

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Finance

How to build an Emergency Fund The way seatbelts protect you during accidents, an emergency fund protects you during unforeseen times like loss of job, medical emergencies, or unexpected expenses.  What is an emergency fund?   An emergency fund is money that you should put aside to cover at least 3-6 months of your monthly living […]

Top Reasons for Salary Delay: Best Ways To Deal with Them

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Finance

Top Reasons for Salary Delay: Best Ways To Deal with Them Have you ever found yourself anxiously checking your bank account, waiting for salary to be credited, only to disappointed that it hasn’t come on time? Many of us would have gone through this frustrating experience, unsure of what to do next. Even a few […]

5 Biggest Personal Finance Problems of a 20 Something Year Old

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Finance

5 Biggest Personal Finance Problems of a 20 Something Year Old Stuck in a low-paying job? Credit cards maxed out? Bought those sneakers instead of saving money, again? Nodded to all those questions? If yes, then you’re probably in your 20s & are learning how to handle money. This might feel a little overwhelming but […]