Hope you all had a great weekend. There was déjà vu for Nadal, a tournament victory for Team India at the Hero Intercontinental Cup and the countdown to the FIFA World Cup 2018 now shows ‘3 days to go’. Being in the lending space, we receive personal loan applications every day. We received personal loan applications for a monsoon trip to Kerala and there were some who had applied for a personal lifestyle loan to install a fireplace in their home. Lifestyle includes personal fitness, personal financing, home décor, and more.
Whenever someone mentions ‘Lifestyle’, there is a sudden influx of posh imagery in our minds. We think of gorgeous cars, suave suits, beautiful homes and traveling in First Class. It is something that we have inculcated through our mindset. Somebody doing well in life is usually thought to enjoy a great lifestyle. But, this isn’t so.
Lifestyle is a way of living among salaried individuals. We don’t try to show off (some might), but it is a way for us to cope with the economy or environments that are physical, psychological and social. Our lifestyle is expressed via work and leisurely activities. Doing so is dependent on how we express our opinion, pursue our interests and handle our income. Lifestyle includes how content and happy we see ourselves to be and what we need to do to maintain or improve this happy state.
In order to maintain an encouraging lifestyle, you need funds. You may be salaried and even earning well, but there will always be need for credit or refinancing. This is because enjoying a healthy lifestyle requires spending. You might be financially stable, but can you afford to give your home a swanky makeover? Not just financial emergencies, but a specific requirement could need immediate spending. For times and requirements like these, a lifestyle loan is perfect.
You can apply for an instant lifestyle loan to maintain a healthy lifestyle. Loan Singh is a digital lending platform that allows salaried individuals to apply for a personal loan with only Aadhaar, PAN and Bank statement. A digital lending platform needs no paperwork and is devoid of unending delays. A personal loan can also be availed for a number of reasons such as the purchase of household appliances, electronic gadgets, purchase of gold, holiday travel, home improvement, job relocation, medical expenses, home renovation, marriage, etc. The loan amount for a personal loan at Loan Singh ranges from Rs.50,000- Rs.5,00,000. The repayment is done via EMIs, with interest rates on a reducing balance method. The personal loan tenure can be from 3 to 36 months.
Lifestyle Loan for Home Décor
Home decoration is so important. It not just enhances the home’s aesthetic beauty, but also lets us feel lavish. Whether you want to remodel your home from scratch or decorating it in sections, a lifestyle loan for home décor can help you achieve the desired results. A homeowner will look at his/her home differently. The requirement could be less or more depending upon the work that needs to get into the decoration.
You can make use of a lifestyle loan to conceal design flaws and get it tailor-made as per your requirements. You can give vacant spaces a structured layout, where various elements can be added ranging from expensive wall art, deewan, large mirrors or a new furniture set. Although you can use the approved funding to hire a professional interior designer to transform the look of your home, you can also try out DIY ideas, as you already have the cash borrowed from Loan Singh.
Home décor can be apt for bedrooms, kitchen, living room, bathrooms, kid’s room, garage, guest room and even kid’s toy room. A proper theme and color combination can help you get the right look. Your taste, style and personality come to the fore. Leave your guests or extended family stunned with your awesome design choices. Salaried individuals nowadays live alone and look for freedom to express their creative ideas. You can set the desired mood or tone, making use of vibrant colors and unique pieces of art. Some really cool home décor styles include contemporary, modern, Asian, Mediterranean, eclectic, Moroccan, vintage, retro, country, Feng Shui, Hippie and Art Deco. You can also mix these styles and create some of your own.
Lifestyle Loan for Fitness
It’s become so important nowadays to stay fit. Recenty, India’s Sports Minister, Rajyavardhan Singh Rathore set up a #FitnessChallenge, asking individuals to challenge each other to achievable fitness feats. From Virat Kohli to PM Modi, everyone has taken up the challenge, and asked others to complete challenges too via the #HumFitToIndiaFit challenge.
It is a no brainer that one’s lifestyle depends on firstly being fit – physically and mentally, both. You can achieve this by looking after your overall health. The exercise you perform at home can help you stay fresh after a long hard working day at the office. Not just that, a 30-minute walk on your treadmill or lifting weights can reduce the carbs as well. Let’s look at 4 benefits of personal fitness.
- Energy Boost
A simple workout or cardio session, done at home, can make you feel energized and rejuvenated. If you are not focusing on your personal fitness, you will feel sluggish and sedentary.
- Reduce Weight
Unless you are the Uncleji who went viral for his Govinda dance moves, many of us still feel the urge to lose the paunch. Working out daily at home can simply reduce fat by burning the extra calories.
- Building Muscle
For those who want to seriously concentrate on building some muscle, working out at home with a strict regime is a great idea. Even if you don’t want to strain your body too much, you can build a strong and resistant body that helps you fight shoulder pain or back issues. You can achieve a better posture, build muscle balance and improve joint support. Your metabolism also improves.
- Mental Strength
You can get mentally strong by including a proper diet to the workout. Elevation of blood flow to the brain increases and helps enhance its functioning. You feel fresh with a spring in your step. Your mood lightens and you tend to become optimistic.
Lifestyle Loan for Personal Financing
Personal Financing is a financial technique of managing your income effectively, so that you can pay for expenses smartly. It also includes the smart usage of handling a credit card and clearing any debts whatsoever. You will ask, what’s the use of handling income effectively only to go and apply for fresh credit? You must understand that there are products and services which require you to apply for credit. Expenses such as purchase of a used car, spending on a travel holiday and buying a new smartphone will need the added funding of a personal loan. Both credit cards and personal loans are instruments of unsecured credit, and both need prompt repayments to prevent a dip in your credit score.
Personal financing helps you manage your income more efficiently with planning. Managing income helps you understand how to manage investments, monthly expenditures and savings. Monitoring your cash inflow and studying its pattern of expense is important for budgeting. Financial security of your family and prospective retirement plans can all be accomplished by personal financing. When you avail personal loans to pay for fitness, home décor and sudden emergencies, you are actually taking control of your personal finances.