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How Much Should You Spend On Groceries In Canada? : RedPayday

Calculating how much to spend on food each month is a critical component of managing the monthly budget, but it is not always straightforward, especially here in Canada where inflation has been running rampage and Canadians are forced to pay a premium for everyday goods. Before you go grocery shopping, making a list will help […] Read More

Boxing Day – Related to Day of Goodwill – RedPayday

As the name sounds to be quite peculiar Boxing Day is celebrated on next day of Christmas, that is on December 26. The word Boxing has nothing to do with it. Interestingly no fisticuffs, no trashing of empty boxes left over from Christmas or the return of the unwanted presents to the department stores. It’s day when the Santa Claus can catch […] Read More

Non-Performing Assets (NPA) : Red Payday

NPA now includes non-performing assets (NPA). NPA is defined by the Reserve Bank of India as any advance or loan that has been late for more than 90 days. To be more in line with international trends, the RBI established the 90-day overdue rule for identifying non performing assets (NPAs) beginning with the fiscal year […] Read More

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