A fixed deposit is a great investment option that’s not only safe, but also offers guaranteed returns. Despite the positives, many people often feel that the returns on a fixed deposit are lower than some other options. However, an FD has one major advantage on its side – the magic of compounding. It utilizes the power of compounding, which basically …

It’s been your lifelong dream to own a car. Ever since you left college and started employment, your goal has always been to own a car. However, you feel as if it will take ages before you save enough money to buy that dream car. What are your options? You guessed it right. A car loan. Yes, if you don’t …