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The third eye is said to be the eye of insight - an eye that provides a vision beyond the ordinary. So is Credit Counselling a Third Eye to your Financial Planning? Well we will find out! The concept of Financial Planning is surely better known than Credit Counselling. But let me begin with decoding each concept…step by step! Financial Planning, at its simplest can be defined as a process wherein a Financial Planner would examine your current financial situation, understand future financial goals and then develop…

Follow these simple 5 steps and you will always have no debt stress or find yourself in a debt trap. Step 1…Know what you OWE To make sure that you don’t miss your payments and to maintain good credit history and a good credit score, figure out exactly how much do you owe, to whom and how much. Keep a record of all your loans and credit cards, including information such as: Account / card number, lender/card provider, type of debt (housing loan, auto loan,…

Let me start with identifying the symptoms that would help you recognize the need for credit counselling • Rejection of a loan / credit card application • Poor credit history • Low credit score • Cash strapped due to obligations • Debt trap Is your answer to any of the above symptoms a “YES”? Undoubtedly most of us would believe that credit counselling is required when…