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Showing posts from July, 2025

What are the top 5 things people waste money on?

In modern life, the habit of spending lavishly and watching others on social media is increasing. Economic tips Five Useless Expenses That Waste Your Money Apart from lifestyle expenses, social spending has also increased. If such expenses are not controlled, savings and investments can be affected and you can get stuck in a debt trap. Therefore, it is necessary to control wasteful expenses.Warren Pappett, who is considered an investment guide, gives excellent guidance on this. In his view, it is better to avoid five types of useless expenses that can waste money: New car: Who does not want to buy a shiny new car. However, you should avoid buying a new car that is too expensive. Why buy a depreciating item that will lose value after you buy it at a high price? An old car is enough Credit card: Although there are many benefits to a credit card, Warren Pappett calls it a debt trap. The interest rate on credit card loans is very high. Paying only the minimum amount can be de...

What is the new rule of bank locker agreement

The bank locker facility helps in keeping gold jewelry, money, important documents, etc. safe. Those who use the locker service must sign a renewed agreement.    Bank locker How to avoid the risk of bank locker service being suspended? Those who have not yet signed the renewed agreement should do so immediately, banks are reminding them. If the renewed agreement is not signed, there is a risk of the locker service being suspended. Let's see the important aspects related to locker agreement renewal.   Locker Agreement: The Reserve Bank of India ordered in 2021 that a new rental agreement should be obtained from the beneficiaries using locker services. The Reserve Bank took this step considering customer complaints, technical aspects, and Supreme Court guidelines. Extension of deadline: The objective of the locker renewal agreement is to improve transparency and security regarding the operation of the locker service. The deadline for this was extended twic...