One small mistake while swiping your card abroad can cost you 5–7% extra 💸

Saw @pk037 break this down so well in his youtube short, had to share here in detail 👇 When you swipe at a POS in Europe (or anywhere abroad), the machine often asks:
“Pay in Local Currency (EUR, USD, etc.) or INR?”

The choice makes a BIG difference!

A lot of folks think, “Why do I need miles when my card lets me book hotels directly on an OTA platform?” 🤔

Here’s why it actually matters, and why EPM must start a miles transfer program soon 🧵👇

I had some reward points on my HDFC DCB.
At the same time, I was short of points in Accor for upcoming hotel stays.
70% of my stays were already going via Accor → so the decision was -
1⃣ Use DCB points to book hotels directly via Smartbuy
2⃣ OR transfer them to Accor

I wish I knew this hack much before to SAVE LAKHS IN FUTURE TAXES!
It’s called Tax-Gain Harvesting i.e. using the ₹1.25L LTCG exemption every single year!

Here’s why it’s a game-changer 👇 🧵 For equity shares & equity MFs (held >12 months, STT paid) -
- First ₹1.25L LTCG = tax-free
- Beyond 1.25L → taxed at 12.5% + cess

If you don’t use this limit each year, it’s gone forever.

Should you keep a loan or prepay it fast? That's one question most of us struggle with.

Quick answer: if your post-tax investment return > your loan’s post-tax cost, invest wins.

Let’s do the math in detail👇 1⃣ Assume a 7% loan and an investment return of 12–15%?
Amount: ₹50L home loan, 7% p.a., 20 yrs
EMI ≈ ₹38,765/month
Total interest over 20 yrs ≈ ₹43.0L

Who do you think end up being credit card geeks?

The rich?
Not really.
In fact, a lot of business folks and service-class rich don’t even bother.
They’ll just pay by cash/UPI or swipe any card lying around.
They don’t want the “math headache.”
So then,who does become a CC geek? It’s less about money.
It’s more about mindset.
These are the typical personas 👇