Banks offering 8.5% interest on FDs: How much should you invest and for how long?

FD rates are rising encouraging many investors to park their earnings in them. However, you must also consider essential factors like how much to invest and for how long to stay invested in these traditional deposits. 

Searching for credit card? Here are three cards with good reward points

Which credit card to take or which to take avoid? Which credit cards offer maximum reward points or which cards allow you discounts on every spending are factors that help interested cardholders to decide their first choice of credit cards.

Income Tax: Donating to charity? Here's how much tax you can save under section 80G

The Income Tax Department allows scope for deductions not only on income earned but also on the donations made. Taxpayers participating in philanthropic activities can avail of tax deductions subject to certain conditions.

4 investing lessons to learn from Elon Musk that inspire millennials to grow

Elon Musk’s planned execution of his investments and his steadfast belief in his conviction has turned him into an enviable investor and at par with age-old investors who took at least four decades to turn their investments into a lump sum corpus. 

When must you not rush to apply for personal loans? MintGenie explains

A personal loan can help meet your imminent financial reasons. But is it worth seeking one every time you need money? Not all circumstances may be worth applying for a personal loan. 

Income Tax: 5 reasons why you should plan your taxes at the beginning of the year

Planning your tax-saving investments in advance will not only help you save on taxes but also relieve you of the last-minute hassle. Doing so at the beginning of the year will provide myriad benefits, including better returns and more time for the investments to mature. Read further to know more 

Recession fears: 6 basic things you should do to avoid defaulting on your bills

The talk of recession can send even the most financially adept into hiding. Being financially literate is not enough; there is more you must do to escape the burden of an impending recession. 

Home loans: Here's how to avoid buyer's remorse amid high interest rates

Homebuyer’s remorse is real for borrowers who had sought home loans at peak interest rates. With interest rates likely to go up again in the coming months, many home loan borrowers will have a hard time repaying the loan amount. 

First-time investor: Here are some mutual funds you must have in your portfolio

The right choice of mutual funds can be difficult given the numerous kinds and categories of funds we have in the market. Here are the best mutual funds that you must have in your portfolio

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