Tag: money basics
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How Inflation Affects Your Money: A Simple Guide
Think back to what ₹100 could buy you ten years ago, and what it buys today. The same note is now worth far less. Your money did not change, but some force pulled it to less. That invisible force is inflation. Inflation is one of the most important factors in personal finance, and one of…
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Should I Save or Invest First? A Complete Guide
You have some money left after expenses, and now you are stuck. Should you keep it safe in the bank, or put it into mutual funds and stocks so it grows? Ask ten people and you will get ten answers. Some say always invest, money in the bank is wasted. Others say save first, the…