@blueangels in Simpler terms if you keep on paying the minimum due the interest charged on the rest of the payment is substantial if you keep on doing this it would way more expnsive than taking personal loan.. NEVER EVER MISS YOUR CREDIT CARD PAYMENT THAT TO PAY MINIMUM DUE... it will hurt more & is best business for bank.
@blueangels I would recommend stay away from one until you are confident you can handle finance well.. ask your parents or financially independent guy in ur family. It very to easy to get debt these days
@rezene Think, ultimately for what, are you doing all of this financial planning stuff :
Peace of mind / happiness for you and your family / life goals / bucket list.
So take care of your health. Exercise. Undergo periodic tests.
Dunno if there's an afterlife but pretty sure your money is useless there.
@rezene Instead of creating one big amount FD, break it into multiple FDs. In case if you need some liquidity, you can break a few FDs and let the rest continue. Most banks levy penalty on pre-mature withdrawal.
@mapes21 That was my first job out of college and i didn't had knowledge of what was standard expectations from the company I'll join.
I did ask and got to know but it was too late and i had to mail and get those details after leaving the job.
So yeah they do help even after leaving but why take the pain.