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Wherever you plan save money during festive season look for various offers, discounts which attracts you around and when buying with credit cards avoid to withdraw cash from credit card.

Start using credit card today, after learning this art

  • Do not withdraw cash from credit card under no circumstances
  • Credit card bill Paying the minimum due amount be careful
  • In case of delay paying credit card bill when making purchases during the festival season
  • Fix the limit for festival Shopping If possible when purchasing with a credit card
  • Using a credit card is an art. The benefits are many if we use it carefully
  • Look at the monthly statement keep the bill with you for every item purchased
  • Use the right card when buying or shopping on any credit card
Using credit card is good or bad

Maximum shoppers announce discounts, offers and there are many attempts being made to impress customers during festivals. 

Credit cards need to be used very carefully at this time otherwise you will get stuck in a debt trap unnecessarily. 

If the bills are not paid on time you will be stuck in a debt trap. Let's find out what to do to avoid such a situation.

Do not withdraw cash from credit card

Under no circumstances should a credit card be used for cash purposes during the festive season. If you take cash with cards you will have to pay high interest on it. Plus, you'll be getting rid of clutter you don't need. Interest starts from the moment you withdraw the money. In addition to interest, other fees have to be paid. So, do not use the card for money as much as possible.

Credit card bill Paying the minimum due amount

The credit card bill has the option of paying the minimum amount. It should be noted here that this is the only option for you when there is no chance for payment of bill when it is large amount. But, the benefits of paying the entire balance are not available here. 

As your card usage ratio increases, so does your credit score plays key role for further aspects. While paying the minimum amount, you have to pay interest on the remaining balance. Therefore, in cases where the entire bill cannot be paid, it is advisable to pay more than the minimum balance. This will reduce the interest on the bill.

In case of delay paying credit card bill 

When making purchases during the festival season, just ask these three question, Whether it is compulsory to buy, does it required now, what about the bill payment, any source do you have to pay the bill, are you attempting risk ignoring the upcoming financial problems to arrange for timely payment of bills. 

If paid after maturity. late fee is applicable. Not only that, it is also mentioned in your credit report. This can make it difficult for you to get any loans in the future. Hence, it is best to pay the bill ahead of time.

Fix the limit for festival Shopping If possible

When purchasing with a credit card, see if the item is available for your price. If the purchase is beyond your budget, you may have trouble paying the bill. It is better to be vigilant in this regard in advance.

Use the right credit card while shopping or buying 

When buying or shopping on any credit card it is important to choose which card to be used if you've multiple credit cards. 

Check your cards first, see which bank card comes with the most discounts and the highest rewards then buy with that card. On the other hand when choosing cards one should take the ones with low interest rate and no annual fees. 

Do you still not have a credit card? Taking a new card? However, find out in advance which bank card you are willing to give. Only apply after that. Even if you apply if the card is not given, the matter will be in your credit report. When applying for a new card again there may be problems with the existing rejection.
 

Multiple having credit card is good or bad

If you financial payment is good and the given limit in the credit is low on your existing credit card better to go for other banks which gives you maximum credit limit and it is better to surrender that bank card which is not useful or rarely time use.


When it comes to holding or multiple having credit card is good or bad. Financial experts says, it is bad to hold multiple credit cards.


Maximum banks charge annual fees if you use it or not and most of the banks based on your credit score and annual income freeze the credit limit on you proposed card.

Look at the monthly statement

Keep the bill with you for every item purchased. Compare this with your card statement. Any discrepancies noticed in the credit card bill then it is better to get to the attention of the bank or call credit card customer care number. Take some time to check the details. But, there is no need to pay a high amount by mistake.

Using a credit card is an art 

The benefits are many if we use it carefully. Not so risky if neglected. Always remember this.

SIP in Stocks means Systematic Investment Plan in stocks instead of Mutual funds for higher returns with less risk, those who want to hold quality stocks for a long time. 


SIP in Stocks Today Highlights

  • Financial experts suggest that this is a good fit for employers
  • 'Sip in stock’ is the periodic purchase of a certain amount or certain stocks
  • Especially for Monthly salaried earners like this for less risk!


SIP stocks for high returns

The number of retail investors in the stock markets has increased recently. Currently Young generation are more enthusiastic and they are the first to take all type risks because of social media awareness and entering markets with long-term strategies over. 

However, professional investors are making a profit by constantly assessing the market and investing the appropriate amount. But, retail investors will not have that opportunity. They cannot devote much time to the market. 

There will not be enough money to make high profits over. The 'Sip on Stocks' method is available only for such people.

What does ‘sip in stocks’ means?

Mutual funds generally see a system called ‘Systematic Investment Plan-SIP’. But, you can also follow this strategy to invest in stocks. ‘Sip on stock’ is the periodic purchase of a certain amount or certain stocks. 

This is a wonderful opportunity for those who want to invest in the long run. It is also suitable for those who do not have the opportunity to predict the market from time to time.


How to start SIP investment today to get Crore with 9K per month

How Systematic Investment plan in stocks works?

This process involves investing for a specified period of time. Just like buying some units in mutual funds. Here we buy some stocks with the amount of hierarchical investment we make. Brokerage firms buy shares on our behalf. 

While some companies are choosing the same stocks, others are giving opportunity to investors. It is also possible to buy shares of several companies at once, rather than shares of the same company. The amount to be sip on individual stocks depending on the brokerage starts from Rs.100. 

You can stop the systematic investment plan in stocks anytime you want Or can be extended. However, brokerage firms charge a fee for each trade.

What are the benefits with sip on stocks

There is no doubt that investing on sip in stocks Risk is low for longer time without any loss.
The SIP on Stocks policy adopts a method called 'Rupee Cost Average'. 

That means you periodically invest a certain amount. Only buy how many shares you get at that time with that amount. That is, more shares are bought if the stock price is lower, and fewer shares if the price is higher. 

Having a limit on investment can greatly reduce risk. May stay away from market fluctuations over. This is very useful for those who want to hold quality stocks for a long time. Financial experts suggest that this is a good fit, especially for wage earners.

Financial discipline for high returns is more for investor

Financial discipline is usually practiced by mutual funds. The money will go into our plan from our account on a fixed date each month. 

Investing regularly on a monthly basis like this will give you good returns in the long run. Investing in equities in the same way over and over is likely to yield higher returns compared to the rest!

Long term investment sip stocks for high returns

It is suitable for those who want to earn good returns in the long run. Even without a big understanding of the market, our investment through the compounding effect will pay off.

SIP on Sotcks word to whom does it fit?

Compared to the sip of mutual funds, the risk is higher in ‘sip on stocks’. So even if you do not have a deep understanding of the stock market, it is important to know the basics. Understanding the daily market ‌ things. 

It is better to be able to quickly decide when to get out of stocks! Complete reliance on brokerages can be risky. 

Although not a professional investor, it is a must have, for any Affiliate, promoting any program. This method returns well even when the markets are highly volatile.

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