Inko bhi school mein financial literacy nahi padhate 😶

Product Manager

Consultant

Welcome to Office Gossip's Private Community

Credit card debt hits record $1.14 trillion, New York Fed research shows

Credit card debt hits record $1.14 trillion, New York Fed research shows- Grapevine

Welcome to News Discussion's Private Community

HDFC, SBI, ICICI clearly the strongest. Startup credit companies usually work with Federal Bank, but they seem to be missing from this list, that's a bit weird? 

Can somebody from the fintech domain help me understand?

Credit card spends market share by bank. Why is there no Federal Bank here?

Operations Manager

Welcome to Personal Finance's Private Community

Please suggest a way to get out. I am stuck in a financial situation of extreme debt of about 3000000 with a family monthly salary of 130k and I have a toddler too. Need a quick way to get money to get out of this situation.

Stuck in financial debt loop of credit cards.

Software Analyst

Hi friends ,I have fell into debt trap .
I used to have credit card bill of 1.5lac ,everymonth end I will be swiping one card and paying other card..this cycle continues..but suddenly now I realised credit card bill is 4lac..not sure how to stop this cycle.want to be debt free..where to start and how to close...any suggestions? Sorry for my English

#CreditCard

DevOps Engineer

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https://m.economictimes.com/wealth/spend/new-credit-card-rules-sbi-card-icici-bank-hdfc-bank-latest-credit-card-rule-changes/articleshow/114213672.cms

Are Credit Cards becoming useless? 💳

Software Test - QA

Liabilities and high interest loans rising, household savings falling. It's a very worrying statistic if people are borrowing money just to stay afloat.

Acche din

Generalist

I applied for a standard charted credit card via a phone call agent. (sir you are eligible for a card call wale). I wanted a platinum LTF card but she said after submitting the details I am eligible for another card with fixed yearly charges of 350. She told me she would pay me 350 after I received the card. She called back-to-back during office hours. So I blocked her. In the last two days, she has called me from 7 different numbers, at least 20-25 times. Finally, I picked up her call, and she told me that she would have to pay 3000 rupees fine If I won't process my card. She will G-pay me 350. 


Should I do the v-KYC?

Credit Card Drama

Software Engineer

Welcome to Indian Startups's Private Community

who will be the Trivedi amongst unicorn startups that will survive the funding winter?

sab marenge, sirf Trivedi bachega

Anyone here who likes the challenge of going almost broke at starting of the month? After payment of rent, bills and most bigger expenses, I hardly keep 10K with me. I have credit card for any unforseen expenses however I keep my debit line free of any incoming expense. 
Anyone here who does the same?

Personal Finance

Product Marketing Manager

I will complete 3 years as a professional soon. Quit a Big4 to join a startup for better pay and faster growth but despite putting in my best work and leading initiatives, going above and beyond all the time, my peers are all earning better than me doing similar jobs.

i never had a financially aware upbringing. my father put us through hell due to his bad decision making and despite me being very financially savvy, am unable to save any money because im so anxious I tend to spend what I dont have. i had to take up a lot of freelancing to aid my lifestyle but now im busy all the time and have no time to myself. 

idk what to do. idk how much savings my parents have since I live away from them and dad never discusses his larger financial plans with me. he also does not have a stable job even at his age even though I know he is v hardworking and does his best. i feel i will never have enough money to support my parents and myself and feel like im running out of time. also doing interviews to leave this shitty company as well which is lowballing tf out of me. im not sitting idle at all, trying to startup on the side as well. i workout, eat and sleep healthy, have a great social life. the only problem is money which im constantly worrying about. i feel its a generational curse passed down to me. I know I have 10x earning capabilities but its all so vague and uncertain. I have an amazing support system and I know I can talk to my friends about this too. just thought of coming here first

please share stories if youve ever felt this way. open to advice feedback ideas. how did you get out of it? what can I do? 

what are some business/sales roles that pay really well that I can get into as an ex-big4 analyst? i dont think my current profile translates well anywhere. f*ck this company honestly. probably the worst decision I made coming here :(

[rant] 24 year old anxious about his financial future

Marketing Associate

In this month alone i got 3 new credit cards. 
Yes bank approached me saying there’s a pre-approved credit card, which will be the fourth one.

This will be the fourth enquiry on my CIBIL this month, but none of them got rejected. Current score is 770+ and  age of credit is almost 3y

My understanding is having more credit limit will help keep Credit Card Usage index below 20-30%. 
Is this correct?

Credit card debt hits record $1.14 trillion, New York Fed research shows

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