The Vibe Journal: Finance Blogs

The credit card lifecycle has different phases. One of the important components to take into consideration as a user is the billing cycle. Every credit card comes with a billing cycle – some for 30 days, others for 28 days – depending on the issuer offering the credit card.  Understanding this is crucial, as failing …

The importance of documentation, like submitting ID or address proof when joining a new job, is something everyone must learn. Whenever you are trying to complete any legal or official work in India, documentation is one common step you will come across. The list of proof of identity documents involves all government issued IDs that …

Once you start a career as a professional, you will need a salary account to get your earnings credited each month. This is your first step toward financial independence, and understanding the various salary account benefits will help you plan your finances better. Opening this account takes just a few minutes and requires some documents. …

Understanding the TDS on the interest of fixed deposits is an important aspect of calculating your total earned interest. It also directly impacts your total earnings, which is important when you are investing.  Here is everything you should know about TDS on fixed deposit interest and how much fixed deposit interest is tax-free to plan …

Do you aspire to start a business? In most cases, financing is one of the major hurdles in achieving entrepreneurial dreams. But you don’t need to factor in a hefty investment. If you want to start a business with a low budget, you can find many options, from affiliate marketing to investing in a boutique. …

You will come across the term compound interest in various financial facets and investments. Starting from savings accounts to loans and fixed deposits, it is a common term. With it, your money can grow much faster and you can build wealth quickly.  Similarly, when your loan interest compounds, your outstanding debt can quickly become larger. …

A fixed deposit (FD) is one of the most popular options in Indian households as it is secure and has the lowest risk. If you have extra funds available or wish to grow your savings without any risk, this is an ideal choice.  Funds readily available are easily used. Unless you have placed them in …

Knowing how to fill a cheque correctly ensures your payments go through without issues and keeps your transactions secure. Following the proper steps in your cheque-facilitated transactions prevents errors that could lead to delays or rejections.  To understand what correctly filling out a cheque entails, read on. Cheques – Meaning and Types A cheque is …

Wondering how to define a chequebook? A chequebook is a collection of cheque leaf lets that is used to make fund transfers. It is a reliable tool for your payment needs and helps you track and manage your finances.  Despite the growth of digital payments, cheques offer physical proof of transactions, providing you with control …

Changing the interior design of your house or maintaining your property can be a big expense. With everyday expenses, saving money for home improvement can take a long time. In this case, a personal loan for interior decoration can help you upgrade your home décor and make it as luxurious as you like without delay.  …