Author: Akudo Blessing

It is extremely difficult to save money out of the limited amount of earnings you may have. But saving something is better than just spending all your money on things you may not necessarily need. However, even after saving money, what do you gain out of those savings. Granted that it means you have more money than you would have otherwise. However, that is not the most amount you can have. The idea is to put your savings to good use and to use your current money to earn more money.To do this, you must invest your money in a profitable avenue. Choosing the right avenue can not only add to your savings but also generate wealth that you could never have just by collecting parts of your income from your job. However, the biggest questions n the minds of aspiring investors is which fund or...

Buying your favourite smartphone or consumer electronic product is an exercise of patience and diligent savings. This endeavour usually requires considerable time, putting aside money from your salary or allowance. But what if you could by-pass the considerable wait-time with a convenient shortcut? This would mean getting your hands on your desired smartphone or electronics as quickly as today. Sounds inviting, doesn’t it? One way to do this is by taking a loan on a credit card. This usually involves making monthly EMI payments with interest. A better option would be with the Bajaj Finserv EMI Network Car, you get the option of paying EMIs without credit card. The card gives you access to 1 million+ products at 84,200+ partner stores, along with a whole host of online portals like Amazon,...

A car is the second most significant purchase you can make in life from a house. And before you can purchase a car, the most significant factor to consider should be the cost of upkeep. It will depend on the car model because gas, oil, and tires will cost you a lot. With time, you may also need to change various components of your car, such as headlights, batteries, sits, among others. Luckily, car batteries will no longer be expensive anymore. Technology minerals are working on recycling the old parts and send to battery manufacturers to create new cost-effective Lion-batteries parts. This is one of the many achievements we expect to see in the future. Let's look at tips that may help you save on your car expenses: Review Your Insurance NeedsShop around for an insurance c...

A term policy is a pure form of life insurance plan that offers monetary benefits if the nominees make a successful death claim. A term insurance plan does not have any maturity or surrender benefits, resulting in a higher cover at an economical cost. You can purchase a term plan to ensure the financial security of your loved ones in your absence.However, you can provide your family members with adequate financial coverage only if you can find a suitable term insurance policy. Here is a list of certain aspects to check out before buying such a policy. PremiumA key advantage of a term plan is that you can purchase it at an affordable price. The payable premium for your policy will be considerably lower than other life insurance policies. However, the premium of a term life...

Health insurance selection can often get confusing with the various jargons used. While this may be a general notion, an understanding of the terms can help you make a smart selection of the policy when understanding the jargons. One such jargon used is the sub-limit. What is a sub-limit in health insurance?  Sub-limits in health insurance are limited coverage offered by the insurance company for a specified expense. Due to this, you may not be able to claim the entire amount of expense owing to the sub-limit defined in your policy terms. Any amount over the sub-limit shall be required to be borne by you and thereby increasing the out-of-pocket expenses at the time of an insurance claim. While sub-limits are applicable in most insurance plans, you must note that they are not applicable o...

The nation has witnessed a digital revolution in recent years wherein almost everything is now available at the convenience of your couch. Coupled with it, affordable smartphone and internet technology makes it accessible to all. This includes purchasing insurance covers that were earlier preferred using the traditional modes.However, beware of these red flags to avoid when buying car insurance online. Let us look at some rookie mistakes that you should avoid to make an informed purchase decision. #1 Not doing adequate research The most common mistake that many people do is not doing adequate research. It is rare that you skip the research step when buying other items, say a mobile phone? So why ignore researching the available options when buying a car insurance cover. You can also veri...