IndianMoney.com Launches Personal Finance Guide ‘Money Trap’ Series

BANGALORE, July 21, 2016 /PRNewswire/ --

IndianMoney.com, India's largest financial education company, has launched the much anticipated Money Trap series. Talking about this new initiative, Mr C S Sudheer, Founder & CEO of IndianMoney.com quoted, "We always educate people about what is good for them, but now we are trying to also caution what is bad for them."

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"Everyday, we are witnessing various financial fraud/cheating cases in our society not because the fraudsters are intelligent, but our people are ignorant," said Mr Sudheer. IndianMoney.com now aims to reach more people with this unique initiative and it has already started producing short videos on every Money Trap discussed below, which will be soon available in IndianMoney.com's YouTube channel and website. IndianMoney.com's Money Trap series has already caught lot of attention on social media like Facebook, Twitter and LinkedIn. 

IndianMoney.com is also working on launching a very advanced Robo Advising personal finance platform, which the company is expecting to go live in a couple of weeks. Mr C S Sudheer also quoted that the company is on the verge of closing a new round of funding which will fuel its aggressive growth plan. 

Often people get trapped in various financial traps which can be avoided if they are aware of basic nuances and consequences of it. Led by the rich experience of educating millions of people from all walks of life, IndianMoney.com has listed 20 ubiquitous money traps covering comprehensively multiple aspects in simple English with live illustrations.  

Money Trap - 1: Option to Pay the Minimum Balance on Your Credit Card: To read please click the link - http://goo.gl/dsuQpu  

Money Trap - 2: Too Many Advisors: To read please click the link -http://goo.gl/Gk6gSf 

Money Trap - 3: Taking Advice From Sellers: To read please click the link - http://goo.gl/jlM8J8 

Money Trap - 4: Borrowing More Than the Requirement: To read please click the link - http://goo.gl/o8fZkI 

Money Trap - 5: Borrowing Money to Invest in Stocks: To read please click the link - http:// goo.gl/F6V4j5 

Money Trap - 6: Spending More Than one Year Income on a New Car: To read please click the link - http://goo.gl/HzSrFB

Money Trap - 7: Not Having Sufficient Health Insurance: To read please click the link  - http://goo.gl/u6W2Ut

Money Trap - 8: Investing in Unregulated Financial Instruments: To read please click the link - http://goo.gl/mk1IWZ

Money Trap - 9: Putting Obligations Over Necessities: To read please click the link - http://goo.gl/zgjxZU

Money Trap - 10: Honoring Your Kids Costly Demands: To read please click the link - http://goo.gl/hnh7gu

Money Trap - 11: Borrowing From Your Retirement Fund: To read please click the link - http://goo.gl/2U4Jpg

Money Trap - 12: Putting Obligations Over Options: To read please click the link - http://goo.gl/2Ji2jT

Money Trap - 13: Too Many Depreciating Assets: To read please click the link - http://goo.gl/n4dRCU

Money Trap - 14: Earning for Living: To read please click the link - http://goo.gl/Vi2e9V

Money Trap - 15: Cash Transactions and Oral Agreements: To read please click the link - http://goo.gl/uGF2hz

Money Trap - 16: Unplanned Retirement: To read please click the link - http://goo.gl/kQ8Ijk

Money Trap - 17: Undeserved Lifestyle: To read please click the link - http://goo.gl/Ak0NeX

Money Trap - 18: Leaving Your Tax Planning to Advisors: To read please click the link - http://goo.gl/zxq7zT

Money Trap - 19: Considering Savings as Wealth Creation: To read please click the link - http://goo.gl/NSfPKk 

Money Trap - 20: Mixing Insurance With Savings and Investments: To read please click the link - http://goo.gl/kdP6bR 

About IndianMoney.com:

Started in 2008 by Mr. C S Sudheer, the vision of IndianMoney.com is to create a financially literate India by providing free financial advice/consultation to anyone looking for an expert opinion on matters related to finance. In the process, IndianMoney.com also educates the consumers on how not to get cheated by unscrupulous agents while buying financial products. IndianMoney.com is backed by well-known Angel Investors:

- Mr. Ravindra Krishnappa (Founder of VertExperts Consulting LLP)

- Mr. Shekhar Kirani (Partner at Accel Partners)

- Mr. Pradeep Mittal (Founder of Magna Infotech)

- Mr. Srini Koppolu (Former MD at Microsoft Development Center, India)

It also has financial and technology industry veterans Mr. Ramanand Baliga (Former Director of IBM), Mr. G Narayanan (Chairman of Vijaya Bank) and Mr. T V Rao (Former Director of EXIM Bank) on its advisory board.

For further details:

- Leave a missed call on 022-61816111 or visit www.IndianMoney.com for free financial education

- Download Lead Market app here: https://play.google.com/store/apps/details?id=com.jjbytes.indianmoney.mainactivity

- Visit www.leadmarket.in

Media contact:

Narasimha B
narasimha.b@indianmoney.com
+91-8095476355
VP - Corporate Finance & Investor Relations
Suvision Holdings Pvt. Ltd.