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Month: January 2010

Awareness Fridays: Be Careful About Who You Act as a Reference For

Posted January 29, 2010 Vinaya HS1 CommentPosted in Finance

This is a guest post from Shilpa at Under the Rainbow. Though Shilpa claims that “she knows zilch about financial planning,” her posts always prove the opposite. In this post she explains why you really ought to be careful when you act as a reference for someone else’s financial dealings. I learned this lesson the […]

Tip Tuesdays: When’s a Good Time to Pre-close a Personal Loan?

Posted January 5, 2010January 27, 2010 Vinaya HS4 CommentsPosted in Finance

That depends on where you are right now into the tenure of your loan, but the general answer is “as early as possible into the tenure of the loan.” EMIs for personal loans — or any loan in general — are structured such that the interest component of the EMI forms a significant portion of […]

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