50/30/20 rule of Tracking Budget

Remember Mike Tyson, who earned WBC heavyweight championship when he was just 20 years old. This astonishing boxer earned more than $400 million in his 18 years long career but declared himself bankrupt in 2003 with heavy debt on him. Knowing and following some personal finance rule can do wonders to your financial well being. … Continue reading 50/30/20 rule of Tracking Budget

Features of Bank Recurring Deposit

Bank Recurring Deposit or RD is an investment instrument that allows investors to make regular monthly payments.

Overview of Bank Recurring Deposit

A Bank Recurring Deposit or RD as it is commonly called is a unique term deposit offered by banks. The tenure is generally between 6 months and 10 years.

NEFT

National Electronic Fund Transfer is a country wide electronic fund transfer system. It is used for sending money from one bank account to another in a safe and hassle-free manner.