Credit Crunch

  Marry in haste and repent at leisure is a popular saying. One fact that takes a toll on modern marriages that are increasingly ending in divorce is financial incompatibility. Here is a look at the stress points that may develop in relationships That  marriages are made in heaven  is now passé in India too. Today more marriages result from romances that bloom at the workplace and on social networks. Often, the boy meets  girl; they fall in love at first sight and move into a live-in relationship—no questions asked or explanations sought. In the traditional situation it was left to the elders of the families to carry out discrete inquiries into the social standing, financial status, character,  et al , besides the customary matching of horoscopes before moving a formal proposal. All castes and communities generally followed this modus operandi, with slight local variations, across the country.   In the changed milieu, boys and girls of today do not hesitate...

  When you think about living a healthier lifestyle, you probably picture the benefits. Being more fit, looking thinner, and preventing diseases are often the first ones that come to mind. Rarely do we think of how healthy living can benefit our bank accounts. Well, it turns out that living well can make your life rich in a few different ways. Day-to-Day Savings Each day, you can save money by living a healthier lifestyle. One of the most straightforward ways to save is by cutting out unhealthy habits. Smoking and drinking drain your expendable income and your health. While the health benefits of quitting smoking are well established, the financial benefits are less discussed. A pack of cigarettes costs an average of $6.17 nationwide. For a pack-a-day smoker, that means spending an average of $2,252.05 a year on cigarettes alone. As for drinking, the national average is 556 drinks a year. A 24-pack costs an average of $18.64 nationwide. In ot...

  Wealth Management is essential for anyone who wants to have financial stability in their life. It is crucial for wealthy people and those who are just starting their careers or have some money saved up. With economic instability, working professionals and other individuals should plan their expenditure and savings.  Setting goals that are achievable and sustainable should be the first foundation step. These savings / financial goals help every young professional in financial burdens like  paying off student loans, creating an emergency fund and also  saving for retirement and or plan other financial commitments . Financial planning is a process that can help you in many ways. It will help you to set and achieve your goals. This process will also help you to make decisions about your finances. You can use this process to create a budget or manage your investments. The steps are as follows: Step 1: Establishing Goals  Step 2: Creating a Budget Step 3: Managing I...