When does a card get hotlisted? Recently, I was purchasing some google domains through my debit card. Alright, so what? What happened is that just after the amount got debited from my account, I received a message that your debit card has been blocked. I didn't quite understand that what had happened and why am I receiving this message. To make sure I logged onto the net-banking platform to check the status of my debit card. To my surprise, I saw that the status has changed from "active" to "hotlisted". Yes, even I got confused. After some research I understood what was going on. So what happens is there is a fraud identification department in the banks, which keep a track on the transactions that you incur from your debit card. If they feel that any suspicious transaction has been done, then they block your card by making it hotlisted. Sometimes your card can even get hotlisted by organisations like VISA or MasterCard in the same case of suspicious transactions...

What are the different student finance options available for higher studies abroad? One of the most common questions among aspiring students is how to fund their higher studies abroad. Though you get a good salary, exposure, and access to an international network, all of this comes at a very high cost. For the majority of the students, it is a luxury to study at a dream school abroad. To make it a tad bit less stressful for you, here is a list of student finance options that may be suitable for you:  1. Ministry of Education: The ministry of education has various funding opportunities available for students who want to pursue higher education abroad. Usually, there are certain restrictions in the host country for international students and therefore it is viable that you check if there are scholarships, grants or sponsorship provided by your origin country. The eligibility requirements differ from scheme to scheme and so check the eligibility criteria before applying for...

Material Pleasure vs. Mental Pleasure. What is the difference between them and which one should you seek? This blog is something different from the usual investment and finance talks. I am going to talk about something very subjective. You may or may not agree with my view. Just try to give yourself some time to contemplate on the same. If you don't understand, just skip this post. Every person out there has his/her own interests and way of living. Similarly, the goals that each person has differs from that of the next person in the room. Although everyone cannot be a billionaire, one doesn't need to be a billionaire to live a quality life. Some people find pleasure in material things such as a luxurious car, however, some people find more pleasure in mental pleasures such as sky diving, visiting people from different cultures, etc. Look at the two situations below. Would you like to buy a luxury car and give rich companies more money or would you like to be the reason ...

What is stoozing and what are the benefits and risks of stoozing? A lot of us are skeptical as to whether we should use a credit card or not. Today I am gonna make that simple for you.  What is stoozing? Stoozing is making use of interest-free credit or 0% credit to earn some free cash which would have not been possible if you were an only debit card user.  Basic Version: The basic version of stoozing would be to make as many purchases as you can through your credit card and maintain an equivalent cash balance in your bank account or in money market instruments like liquid funds. Now, by "as many purchases" I mean the purchases which you made earlier as well but through your debit card. Liquid Funds usually give 7% interest per annum. The question is where is the profit. Well, earlier you would have spent the money from your bank account and you wouldn't have been able to earn any interest on that money. But now, using credit card u have made t...