Seven smart ways to reduce your loan burden without stressing your wallet

Seven smart ways to reduce your loan burden without stressing your wallet If you also find it difficult to repay your loans, you may need to tweak your approach. Here are some strategies that can help you manage your debt situation better. How home loan schemes with an overdraft option can help you save your time and money Under the scheme, you can deposit any surplus that you have into the home loan account, though you retain the option of withdrawing the sum, if required. Chinese market on correction mode: Is it worth investing? In spite of a recent rally following a cut in interest rates, the Chinese market is now on correction mode. in other words, it is trading at huge discounts. No more high rates; right time for fixed deposits and recurring deposits Lock in your money at the prevailing rates before they fall. If you don't have a lump sum to invest in fixed deposits, go for recurring deposits. Besides money, what makes people happy at work? Money is not the only reason why we head to work everyday. Doing the right tasks can also be fulfilling Quote of the week "I wish the RBI was running the American central bank. The people there at least understand the problem." Jim Rogers,Commodity Guru Family Finances High income and savings to take care of Talegaonkars' goals Despite a large number of goals, the Talegaonkars can easily achieve their financial targets with a systematic approach to investing. They also need to boost their insurance to cover risks. Financial Planning Diversifying your investments is the best way to cut down on risk To invest means accepting that returns will always come with risks, and that diversification is more sensible than mindless speculation about the future. Money-making venture Learning Outcomes analyses students' performance data and help them learn better Rishi Kar was helping out with his cousins' studies when the idea of building a tech product to monitor and assist children's learning occured to him. Entrepreneurs Avinash Shenoi's InstaClique merges ease of online shopping with real buying experience Shoppers get recommendations in real time and promotions based on their purchase intent, past history and social interactions. Financial Calculators Plan your car Car cart! Use this calculator to find out if it is worthwhile to shift your home loan to another bank? Just enter the data and click next. It's that easy. Home Loan Refinance Should you refinance your home loan? Find out how much you will have on retirement with different combinations of savings, percentage returns, time to go and tax rate. More Calculators Is it okay to opt for a loan? Evaluate your need before borrowing Easily available, loans today have become a part of our lives. Banks, housing finance companies and non-banking finance companies are all eager to give us loans. Credit rating agengy Care to benefit from the expected increase in debt issuances The cyclical recovery in corporate capex and bank credit growth, and attractive valuation compared to its peers make Care the preferred choice with analysts. Want to take loan against assets? Find out terms and conditions If you are facing a cash crunch, you can take a loan against assets. Find out the terms and conditions of the loans on offer. Five things to know about gift cards Looking for the perfect gift for your loved ones? A gift card from a bank is a cool option because it lets the recipient buy the stuff he wants. How mutual fund investors can hold their units in demat form The form must be submitted to the DP along with a copy of an account statement that holds the investment details of the units sought to be dematerialised. Daily Newsletter Special stories that round up the major developments of the day Markets Watch Round up of stock, currency, bond, money and real estate market IPO Watch Gives you the latest IPO/FPO related news Live-Market News Portfolio Mobile Live TV Newsletter Commodities Speed Blogs Alerts Follow Us on ET: About us|Advertise with us|Terms of Use|Privacy Policy|Feedback|Sitemap|Code of Ethics © 2014 Times Internet Limited. To ensure delivery directly to your inbox, please add etnotifications@indiatimes.com to your address book today. If you are having trouble viewing this newsletter, please click here To unsubscribe or edit your subscriptions please click here