Debts are a part of every individual’s life. Every body takes debt, whether it is short term or long term. But it is important to strike a financial balance – our expenses and debts should always measure up against our income. To understand which debts are ok and which should be handled with care, you need to know the difference between a good debt and a bad debt. [Read more…]
Understanding Interest Rate Fluctuations
In order to invest your money in the right instruments, it is important to understand what rate your investments will grow at. Financial institutions offer interest rates based on numerous factors. Knowing about how interest rates are fixed can help you in making sound investments and in estimating the returns that you will get by investing in a particular instrument. [Read more…]
