Startup Genius

Managing money within a family is always a delicate matter. Whether you are supporting ageing parents, sharing expenses with a spouse, or planning finances together as a household, the way you structure your bank accounts can make a big difference. One of the most convenient tools for shared financial management is a joint bank account . A joint account allows two or more individuals to hold and operate the same bank account. It can simplify bill payments, help combine income, provide easy access to funds during emergencies, and create a smooth financial system for families. Couples often use joint accounts for household expenses, and adult children may open one with elderly parents to help manage day-to-day finances. However, a joint account is not just another bank account. It comes with legal, operational, and tax implications that many people fail to consider. The result? Disputes, frozen funds, complications during emergencies, inheritance issues, and even unexpected tax liabili...

आज की टेक्नोलॉजी-ड्रिवन दुनिया में निवेश करना बेहद आसान हो चुका है। अब न लंबी लाइनों की जरूरत है, न ही भारी-भरकम फाइलों की। बस अपने स्मार्टफोन पर कुछ टैप करें और आपका पैसा आपके लिए काम करना शुरू कर देता है। लेकिन डिजिटल दुनिया के इस तेज़ बदलाव ने एक बड़ा सवाल खड़ा कर दिया है: क्या पुराने जमाने के पैसे के नियम आज भी काम करते हैं? टैक्स और निवेश विशेषज्ञ बलवंत जैन के मुताबिक, इन नियमों की अहमियत आज भी उतनी ही है जितनी पहले थी। उनके शब्दों में— “मार्केट, प्रोडक्ट्स और टेक्नोलॉजी बदल गई है, लेकिन अनुशासन, बचत, विविधता (डाइवर्सिफिकेशन) और लॉन्ग-टर्म निवेश जैसी मूल बातें कभी पुरानी नहीं होतीं।” अर्थात, चाहे ऐप्स बदल जाएँ या निवेश के तरीके, अच्छी आदतें और वित्तीय अनुशासन कभी आउटडेटेड नहीं होते। यहाँ हम आपको 8 महत्वपूर्ण और सदाबहार मनी रूल्स आसान भाषा में समझा रहे हैं—और साथ ही यह भी कि क्या ये आज भी प्रभावी हैं। 1. नियम 72 (Rule of 72): आपका पैसा कब दोगुना होगा? फाइनेंस की दुनिया में यह सबसे आसान और लोकप्रिय नियम है। इससे आप अंदाजा लगा सकते हैं कि आपकी रकम कितने समय में दोगुनी हो...

In today's fast-growing digital world, online banking and mobile payments have made financial transactions quick and convenient. But they have also created new opportunities for scammers and cybercriminals. One of the most dangerous tools used by criminals today is the mule account —an account that helps them move illegal money while staying hidden from the law. Recently, the issue came into the spotlight when the Central Bureau of Investigation (CBI) arrested a bank manager from a private bank in Mumbai. The manager was found guilty of helping criminals open mule accounts by misusing his authority, approving account opening forms without proper checks, and taking illegal payments in return. This incident highlights a worrying trend: mule accounts are spreading fast, and many innocent people are getting trapped in cybercrime unknowingly. This article explains what mule accounts are, how they work, how people become money mules, the risks involved, and how you can protect yoursel...

Most people believe financial success comes from earning more money. But in reality, the secret often lies in how wisely you use the money you already earn. One of the simplest yet most powerful ways to take control of your finances is by understanding the difference between needs and wants . This concept is not new, but its impact is often underestimated. Once mastered, it can change the way you save, spend, and plan for the long term. Whether you're a student, a working professional, or a business owner, this basic principle can help you build a stable and stress-free financial life. Understanding Needs: What You Must Have to Live Needs are the essentials—expenses that are necessary for survival and basic functioning. They ensure your well-being, allow you to earn a living, and keep your daily life running smoothly. Common examples of needs include: Food and groceries Shelter : rent, home loan EMIs, electricity, water Healthcare : medicines, doctor visits, insuran...

When a flat owner in a housing society passes away, one of the most common questions that arises is — who becomes the rightful member of the society? Can the nominee automatically take over the membership and exercise voting rights? Or does the nominee need to wait until a legal heir certificate or court order is obtained? This confusion between “nominee” and “owner” has existed for decades. Many housing societies and family members misunderstand what rights a nominee truly has. The new amendments to the Maharashtra Co-operative Societies Act , especially Section 154(B) introduced on March 9, 2019 , have helped to bring more clarity to this issue — but even today, several societies continue to interpret the rules incorrectly. This article explains, in simple and clear language, the difference between a nominee and a legal heir , the meaning of a provisional member , and the voting rights a nominee enjoys in a cooperative housing society after the death of the original member. Th...

भारतीय अर्थव्यवस्था इस समय बदलाव के दौर से गुजर रही है। हाल के महीनों में भारतीय रिज़र्व बैंक (RBI) द्वारा रेपो रेट में कटौती के बाद, बैंकों ने अपनी फिक्स्ड डिपॉजिट (FD) दरें घटा दी हैं। ऐसे में उन निवेशकों के लिए जो जोखिम से बचते हैं और स्थिर रिटर्न चाहते हैं , FD अब पहले जैसी आकर्षक नहीं लग रही है। स्टेट बैंक ऑफ इंडिया (SBI) , पंजाब नेशनल बैंक (PNB) और HDFC बैंक जैसे बड़े बैंकों ने अपनी ब्याज दरें घटाकर अब 6% से 7% के बीच कर दी हैं। लेकिन अच्छी खबर यह है कि कुछ छोटे फाइनेंस बैंक और निजी बैंक अब भी 7% से 8% तक की आकर्षक FD दरें दे रहे हैं — और कुछ मामलों में तो इससे भी अधिक। अगर आप भी घटती ब्याज दरों से निराश हैं और बेहतर विकल्प ढूंढ रहे हैं, तो यह लेख आपके लिए है। यहां हम जानेंगे कि कौन से बैंक सबसे ज़्यादा FD ब्याज दरें दे रहे हैं और कैसे आप सुरक्षित रहते हुए बेहतर रिटर्न हासिल कर सकते हैं। 🏦 क्यों अब भी लोकप्रिय हैं फिक्स्ड डिपॉजिट (FD)? फिक्स्ड डिपॉजिट भारत में सबसे लोकप्रिय निवेश विकल्पों में से एक है। इसके पीछे कई कारण हैं: पूंजी की सुरक्षा: FD एक सुरक्षित नि...

The global job market is going through one of its most unpredictable phases. Companies that once hired aggressively are now cutting costs, reorganizing teams, and embracing automation. From tech to retail, layoffs are back in full swing. Amazon, Google, and Microsoft have already trimmed thousands of jobs. Automotive giants like General Motors and Ford are reshaping their electric vehicle divisions, while consumer companies like Nestlé and Target are reducing headcounts worldwide. The message is clear: no job is 100% secure anymore. So, here’s the real question — If you lost your job tomorrow, would you be financially ready to survive the next six months? It’s a thought that makes most of us uneasy. But thinking about it now is exactly what helps you stay calm later. Losing a job can be emotionally tough, but it doesn’t have to become a financial disaster. With the right planning and mindset, you can protect your savings, reduce stress, and navigate unemployment with confidence...