A couple of days back I said there is nothing new to write in personal finance – in my Facebook post. I still stand by it.
Seriously there is nothing new that one can write about personal finance which is not already written…However the inefficiency at the execution level – of even well given advice allows us to keep writing.
Try telling older people ‘do not talk to strangers’ they will not listen (these are the same people who told their daughters do not talk to strangers when these girls were 9 years old!!). Tell the ‘intelligent’ doctor not to take a unit linked plan, he will. The bank executive working in technology (worse even those in compliance!) who get cheated by a financial product salesman…there is no shortage.
Earlier it used to get me fuming – nowadays I can laugh at them. Earlier I thought the salesman was a fraud, now I am convinced it is the buyer who is a fool. Like a friend posted – there was a surgery in which a rod was to be put in the leg – only at her funeral they found that no rod was put!! So mis-selling is a given, we have to be careful about what we buy!!
Hemant wrote me a note on FB saying ‘why do you not write about this’ …and sent me a link..you will find it at the bottom of this piece. Hemant how useful is it to ‘warn’ people? If somebody decides to walk with his eyes closed…what can be done?
Post Footer automatically generated by Add Post Footer Plugin for wordpress.