Financial planning for women is often not discussed. Money Mantra tries to educate women on the need for Financial Independence and Financial literacy in today’s world. Being financially independent is the first step of being an empowered woman.

What are Corporate FDs?

Corporate FDs Fixed Deposits are the most common form of Investment and most of our idle money is in the form of FDs with banks. Fixed deposits earn higher interest rates as compared to a regular savings account. In this time of the pandemic, when the…

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Special term Loan scheme by Poonawalla Finance 

Special Term Loan scheme for Chartered Accountants by Poonawalla Finance This pandemic has triggered ample changes and has been disastrous not only to the public healthcare but even for our economy. It seems to have given a dry run even to the 2008 Global Financial Crisis.…

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Are Sovereign Gold bonds a good investment?

All about Sovereign Gold Bonds: India is the second-largest consumer of gold after China and the largest importer of Gold. Do you know that India imports around 800-900 tonnes of Gold annually? And in monetary terms, it could be at an average of INR 2trillion! Whoa,…

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What are the benefits of Post Office Saving Schemes?

Benefits of Post Office Saving Schemes: Due to the ongoing COVID-19 pandemic, its impacts on the Indian economy has been huge. Several nationalized banks have taken measures to cut the interest rates on Fixed deposits. And these FD rates can come down further, at any time. While…

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How to save Income tax in India?

Save Income Tax in a legit way: "Income tax returns are the most imaginative fiction being written today."–Herman Wou Given a choice, most of us would not want to pay tax on the income we earn, as to why should we part away with a portion…

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How can Gold loans help during Financial crisis?

Are Gold Loans the right choice in the current Financial crisis? The Market dynamics have been changing and it can be witnessed in the current scenario. We mentioned  Gold Loans as an option to meet short term emergency fund requirement and this has seen a huge…

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Popular Instant Personal loan apps in India

Instant Personal loan apps in India: In the last post under the Money mantra series, I discussed “How to arrange quick funds in case of an Emergency (and when you don’t have Emergency Funds). One of the most emerging trends from the last few years has been…

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How to arrange money quickly in case of an emergency?

How to arrange money quickly if there is an emergency? In the last post, I had shared about the necessity of having Emergency funds. As the saying goes, Hope for the best and prepare for the worst! The question arises as to how to arrange money…

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5 Reasons why you need an Emergency Fund?

Why do you need an Emergency Fund? I’m sure by now, you would’ve heard about the Emergency fund. If not, check out my last post, discussing the What, Why, How, When of the Emergency fund. The reason this post had to be penned is we all…

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What is an Emergency fund and why do you need it?

By failing to prepare, you are preparing to fail ˜Benjamin Franklin As per CMIE [Ref¹](Centre for Monitoring Indian Economy), approx. 18 million persons have lost their employment in April 2020. Losing jobs in the current turbulent times have added to the woes of Indians. A lot of…

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