SgFinancenTips

Gold  is an ancient metal loved and adorned by Kings and Queens. Decorative item for the holy temples in many countries. Admirable jewellery in various designs and shapes, used for giving out a status symbol by the quantity held by one. Adorned for weddings and festivals in India. Gold is not just an ornament but used as a real asset, which is powerful and valuable. GOLD AS AN INVESTMENT                                                          Benefits of Gold as an Investment: ·          Gold can stand against inflation ·          Value of gold has increased from past 10 years ·            Price of gold rises when other prices decrease in deflation period. ·          Gold i...

Credit Card Simplified Credit card may give an image of joy or fear. It can be good or bad. But if you keep reading you may find out that having a credit card is helpful. ·          Credit card is given to a person by a bank as a privilege. Bank keeps in mind your salary and debt to income ratio to set your credit card limit. The higher your debt the lower your limit. ·          Bank provides you a credit card as a benefit to you and their services. Credit card is a short loan provided to you to afford things which you could not purchase on debit card. ·          This increases banks brand and earn extra money in case you miss your payments on time. But if you pay your payments up-to-date then you have no interest charges and you have what you wanted to purchase. ·          My advice is that you check your statem...

home loan  Everyone dreams to have their own house. It's a financial asset that will make you proud of yourself. Your own private place on this big earth. Owing your own house gives great joy. Hence, you need to consider the following key factors for a smooth process in purchasing a house: 1.       Research : Compare alternative banks with their loan rates and interest rates. Check various charges such as processing fee, administrative charges and so on. Don't just go for which offers the lower rate but which has a good prospect in all the checks. 2.       Ability : Check your eligibility for loan you can borrow. Make a list of all your expenses and see if you have money left to pay for your EMI. Then go ahead for the loan application. 3.       Credit Score : Do not neglect the way you handle your credit card. Higher your score which is >750 the lower the interest...