You must have surely heard the term ‘credit score’ if you tried applying for a loan. So, what is it? Well, credit score is a three-digit number between 300 and 900 which describes the merit of your credit. It is a representation of your creditworthiness as a numeric figure. Credit scores are calculated by four credit bureaus in the country – TransUnion CIBIL, High Mark Credit Information, Equifax, and Experian Credit Information Company. Most of the lenders consider your CIBIL score in India … [Read more...]

A bookkeeper is a person who maintains your daily accounts, records financial transactions as and when they take place. But there is a variation between a bookkeeper and an accountant. There are some tasks for which a bookkeeper is not authorized to, here the need for an accountant rise. Bookkeepers record the daily transactions well and further, and the accountants use the information which is compiled by the bookkeeper. In simple form, a bookkeeper shows you the present financial position, … [Read more...]

Owing to the several benefits of mutual funds offered to investors, mutual fund investments have taken a special place in investors hearts. For investors, new and old, mutual funds are a wonderful and convenient way of investing your money. These investment vehicles have proved over time that they have the potential to generate significantly higher returns. What is a mutual fund? A mutual fund is an investment vehicle wherein an asset management company (AMC) pools the money of various … [Read more...]

A credit score may not be the first thing that pops into your mind when planning your finances. However, this three-digit number will play a major role in every aspect of your financial management. A credit score represents your creditworthiness to your lenders, landlord, bank and employers. It tells the lenders how risky or safe it is to allow you a line of credit. Your credit history talks about your ability to repay the borrowed sum within the agreed terms of the period. The more of a … [Read more...]

In today’s world, competitive advantage is crucial for a business’s success. Companies may not survive without it. It is extremely difficult to duplicate.  For outdoing each other, the modern-day companies apply various tricky methods and keep themselves updated in every business-related aspects. Image courtesy: https://wpfsi.com/finding-your-competitive-advantage/ What is a Competitive Advantage? Competitive Advantage is a trait allowing a firm to beat its core competitors. A company can … [Read more...]