Six Health Insurance Myths and Real Facts

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We often take health insurance as a financial tax saving product. But, nowadays our lifestyle has changed so much and for that lifestyle-related diseases has taken over us. In this current situation, we must have health insurance to save our self from the heavy cost of medical treatment. Out there so many health insurance myths are floating around us. Some of us believe these myths which made us stop enjoying the benefits of health insurance. So here we will discuss those myths and real facts about health insurance.

Personal Loan Vs. Credit Card

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People often ask which financial instrument is better. Credit Card or Personal Loan? But, it completely depends on them if you want to buy something big or more expensive like a car, home Personal Loan is the better option to go and if you want to buy small things within your credit limit like movie tickets or if you want to pay your monthly bill Credit Card is a better option. Basically, it is based on your requirements or if you have any emergency or not and when you will able to repay it.

Mistakes to Avoid While Investing in ELSS Mutual Fund

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The tax savings season is here so now it is high time to save your tax as much as possible. There are so many ways to save your tax, ELSS is one of them. The full form of ELSS is Equity Linked Savings Scheme. The benefits of investing in a good ELSS mutual fund are saved your tax and also enjoy the high return. ELSS saves your tax up to Rs. 1.5lakh under the section of 80C. Here we will concentrate on those mistakes people made while investing in ELSS Mutual Fund.