180 articles on Personal Finance & Money Basics, authored by the Finin2min editorial team. Page 2 of 5.
After death, families need compassion first — and then a calm document checklist.
One annual family finance meeting can prevent ten future crises.
A family does not need 50 money apps. It needs one operating system: what we own, what we owe, who can access, what happens if something goes wrong.
For salaried people, ITR filing should not mean copying Form 16. AIS, bank interest, rent, deductions and tax credit need a proof pack.
A gift is tax-safe only when relationship, purpose, amount and evidence are clear.
Health insurance saves money twice: when claims happen and when tax proof is properly filed — if documents are clean.
Home-loan deductions fail when ownership, borrower, EMI payment and interest certificate do not tell the same story.
Paying rent to parents can be legitimate, but only if it is real, documented and reflected consistently in family tax records.
Inherited property is not free from tax just because it came from family. The file must prove title, cost and heir rights.
The nominee’s toughest job should not be hunting for policy documents during grief.
Family loans are common. Problems start when loan, gift, repayment and cash movement are not documented.
A family may have money in the bank and still face crisis if no one can access it when needed.
Mutual fund units may be digital, but transmission still needs documents, identity and clean folio records.
NPS exit is not one button. It is a retirement-income decision about lump sum, annuity, tax, spouse and liquidity.
Rental income looks simple until vacancy, municipal tax, interest, co-ownership and deposits enter the file.
The tax on a house sale is decided by documents collected over years — not on the sale date.
Senior citizens often have simple income but complex proof: multiple FDs, TDS, AIS entries and bank certificates.
A tax notice becomes less scary when your evidence is already indexed.
Nomination helps access; a will helps intention; succession law fills gaps. Families should not confuse the three.
Your bank's EMI calculator shows a clean monthly number. But hidden inside that figure is a schedule that frontloads nearly 80% of your 20-year interest burden…
India's credit cards charge 3.5% per month — that's 42% simple APR or 51% effective APR when compounded. A ₹50,000 unpaid balance, paying only the minimum…
Your CIBIL score quietly decides which loans you qualify for and at what interest rate — yet most people only check it when an application gets rejected…
When you need funds quickly, three options usually surface first: a personal loan, a "loan" or EMI conversion on your credit card, or a loan against property…
Got a year-end bonus or surplus cash? The instinct to "be debt-free" pulls many borrowers toward prepaying their home loan — but is that always the financially…
If your home loan was sanctioned a few years ago, there's a good chance new borrowers at other banks are getting meaningfully lower rates today. A balance…
A credit card with a ₹5,000 annual fee and "5x reward points" can be a great deal — or a quiet drain on your finances — depending entirely on how much you…
Endowment plans are often sold as offering "insurance plus guaranteed returns" — but the guaranteed returns tend to be modest, and the insurance cover is small…
Rising healthcare costs mean that even a single hospitalization can significantly dent savings without adequate health insurance — yet many people rely solely…
Two-wheeler loans are among the easiest loans to get approved in India, often with same-day disbursal at the dealership — but that convenience usually comes…
A Loan Against Property lets you unlock funds by mortgaging a residential or commercial property you already own, while continuing to use or occupy it. Because…
Personal loan interest rates can vary substantially between borrowers — sometimes by several percentage points — even at the same lender. The difference…
Got a bonus, a maturing investment, or simply extra cash and wondering whether to pay down a loan faster? Before deciding, it's worth understanding the…
When you need quick funds, a gold loan and a personal loan often compete for the same use case — but they work very differently. Here is how their interest…
Car insurance in India is mandatory, but most owners barely understand the numbers on their policy — especially Insured Declared Value (IDV) and No Claim Bonus…
An education loan can make the difference between your dream course and a compromise — but it's also a financial commitment that follows you for years…
The 50-30-20 rule — popularised by US Senator Elizabeth Warren — divides your after-tax income into 50% needs, 30% wants, and 20% savings. It's a clean…
If you have a nominee on your bank account and a different beneficiary in your Will, who gets the money? This is one of the most misunderstood areas of Indian…
Inflation is the silent tax on savings. A savings account paying 3.5% when inflation is 5.5% is actually losing you money in real terms. Most Indian savers…
Freelancing offers freedom — but it strips away the financial safety net that employment provides: no EPF, no group health insurance, no TDS-adjusted tax…
Marriage is the most significant financial merger most people will undertake. Two incomes, two sets of financial habits, two different risk tolerances, and…