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| CANDIDATE INVITATION TO PARTICIPATE : MEGA JOB FAIR - COIMBATORE Dear Candidate Freshersworld in association with DJ Academy for Managerial Excellence (www.DJ academy.ac.in) is organizing a Mega job fair in Coimbatore on 06 Mar 2020. Many companies hiring Tech and Non tech candidates are participating in this event. REGISTRATION IS ABSOLUTELY FREE. Kindly utilise this opportunity to attend multiple interviews on the same day. Share this email to your friends, colleagues and relatives who are also searching for a job. The details of companies with Job description will be shared prior to the event, to all registered candidates. Venue : D.J. Academy for Managerial Excellence, Coimbatore ? Pollachi Highway, Othakkalmandapam Post, Coimbatore, Tamil Nadu 641032 |
Date : 06 March 2020
Freshersworld.com 60000+ recruiters using FW | 1.5 Crore+ registered candidates | 6000+ connected colleges | |
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Saturday, 29 February 2020
Coimbatore Mega Job Fair- Free Candidate Registration
[FF Lesson 6] Close Loans in This priority
Loans are like Termite for your finances if not managed well.
First avoid the loan like
- Charge higher interest rate (credit card or personal loan)
- Loan on depreciating products (car, bike or mobile)
In case you are trapped in multiple loans then you should clear the loans in the following priority
Credit card (36% to 48%)
In the last email, I have mentioned that credit cards are positive loans but only if you pay the credit card bills on time.
But a credit card loan becomes the most expensive loan if you miss the payment. Banks charge the highest interest rate in range of 36% to 48%.
Don't pay the minimum due for credit cards, pay full due amount. Don't carry forward the balance.
Minimum payment option can help you avoid the late fees but you still have to pay the interest charges on the remaining due amount.
Power Advice - Don't use a credit card, if you cannot pay the bills on time.
Personal Loan (16% to 20%)
Personal loans are taken for unnecessary requirements like house renovation, foreigh travel, marriage.
Biggest mistake - People take personal to pay other loans
Due to unsecure nature, banks charge higher interest rates for the personal loan.
Credit card EMI (14% to 18%)
Auto Loan (12% to 16%)
Education Loan (10% to 12%)
Home Loan (8% to 10%)
In case your current income doesn't support paying off the loan then you should liquidate your assets in this priority.
FD, RD, or anything giving less than 8% return
MF, Stock or anything that can give negative return
Gold, property or anything that has costly process to liquidate
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[New post] Inoperative PAN means 11 Different Financial Transactions are not allowed
Raviraj Parekh posted: "Inoperative PAN means a considerable impact on performing various financial transactions. Make sure that your PAN will remain operative. In order to keep it operative, you need to link it with Aadhaar card. As per the latest CBDT circular, your PAN will "
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Friday, 28 February 2020
[FF Lesson 5] You actually earn interest with This loan
The most famous loans are
- Car/bike
- Home
- EMI on gadgets
- Personal loan
You pay interest on the loan, which means you lose money every month on the borrowed money.
But only the credit card is a positive loan, because you can earn interest on the loan amount. Understand the whole concept before making your decision.
Credit card companies give up upto 50 days interest free period. For that period, you can earn interest on the money in your savings account.
For example - you spend 50,000 per month from a credit card which otherwise you spend through debit card or cash, right?
But now, 50,000 would be in your savings account and you will earn interest till the day you pay the credit card bill.
You can earn interest up to Rs 400 (50,000*6%*50/365)
I have calculated the amount for 50 days from a bank like Kotak which offers 6% interest on saving accounts.
You can increase your interest income by investing into higher return investment options like stocks and mutual funds.
If you make 12% returns on 50,000 then you would earn Rs. 800 per month, sufficient to pay the annual fees of the credit card if any.
Tip - Go for shopping on the next date of your credit card statement generation date to get a max interest free period.
Double Power Tip - Always pay your credit card bill before the due date otherwise you would lose all your savings in paying interest to the credit card company.
Next email will be completely loan management.
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