Quickfacts: What is bitcoin?

What exactly is bitcoin?

 

Bitcoin was created by a developer named Satoshi Nakamoto in 2009.

Simply like other payment systems, for an end user, Bitcoin is an online payment system which uses a digital money named Bitcoin. Also, just like other systems it can be stored in wallets.

However it is different than the other currencies like Dollar, euro, rupee etc. as mentioned below-

How to invest in the Direct mutual funds

In the previous article I had given you information about the equity mutual funds, saving taxes, and also about the direct and indirect (regular) methods to invest in them. In regular methods the entire process is completed with the involvement of the financial advisor or the distributor who also charges the commission in return of the services offered. However, if you have decided to invest via the direct method and save some more bucks this article will tell you the steps to be followed.

                                                                      (image source google images)

Saving taxes with mutual funds

Your first job

So you are 20 plus and after finishing your study you land up in your first job (may be in your dream company) happily. Soon your first salary is credited into your account making you super happy. As the time passes you start noticing the provisional income tax being deducted from your salary and in a way you get frustrated. You think you have just started earning and a considerable amount is going directly to the govt. Also the money you get you prefer to spend on various activities of your interest and the entire amount is spent very soon. Correct? And then you eagerly await for the next salary… where one should realise the importance of saving some amount regularly.

 

(image source google images)