Credit Card – How it will make money ?
You many been receiving calls asking you to take Credit Card. Do You know how they will make money? They offer 50 days of interest-free credit to you. In addition, Credit Card companies issue lakhs credit cards to the people. Moreover, these companies will make money on the basis of a lack of self-control of the people. I will tell you different ways that the credit card of the Bank will make money. 1) Interest Rate Charged by the Bank Credit Card … A large portion of the income for the credit card companies comes from the interest paid on …
Insurance Planning -Why some times will fail in Life Insurance, Health insurance etc?
Sometimes Insurance planning will fail. People do take life insurance and health insurance etc to protect themselves from financial loss due to unexpected death or health issues etc. For this, they do Insurance Planning. Insurance planning also part of Financial Planning. Therefore, I have added this article in Financial Planning category. But sometimes this Insurance planning will fail. Recently I had a discussion with a Government Employee. He is working in Andhra Pradesh State Government. They have mandatory Department Life Insurance called APGLI. In the conversation, he said that If Life Insurance Policy of Lic or any private Life Insurance …
