How to Make Money-talk Easy
Money with regard to personal finances is considered to be a sensitive topic in India. If you’re wondering why, it’s mostly because money is directly associated with a person’s status in our society. People tend to refrain from talking about it openly.
5 smart ways to invest Rs 1000 every month
What’s the difference between saving and investing? Saving is setting aside a certain amount. Whereas, investing is setting aside a certain amount with a defined goal, a purpose. We all can save with the right intent. But investing money not only defines our monetary goals but also defines who we are.
The Chit Fund Saga
Chit Funds have been around from times immemorial; they are dated back to the 19th century. According to a book written by Edith Simcox, the Malabar Kuri system long existed since the ancient Dravidian Times. Ever since, chit funds have been ubiquitous. In fact, chit funds are a form of ROSCA i.e, Rotatory Savings & Credit Associations which are informal financial institutions around the world, that are locally organized.
Chit Funds
Let’s delve into the stories of two people, Rohan and Arjun.
CHITS vs SIPs
There are a plethora of options in this world when it comes to saving. But there are only a few options available when it comes to saving wisely.
Exploring the Pelman Chits community – Govt. Employees
Chit Funds have been used for time immemorial by people from all sections of society.
Exploring the Pelman Chits Community – IT Professionals
After Bangalore became Asia’s Silicon Valley, the IT boom in the city has been unprecedented. We as a chit fund brand, are all the more glad about our presence in the promising city of Bangalore.
Should you choose Chit Funds over Mutual Funds?
When it comes to compounding your finances, the opportunities this world provides are endless. There are a plethora of financial tools, institutions and markets that are present to bolster your personal finances.
Are Chit Funds better than Fixed Deposits?
Although the nature of chit funds and fixed deposits are completely different and even contrary with respect to certain features, they are always pitted against each other and compared to each other.
