After saying nice things about a public sector bank manager just YESTERDAY….here is some non flattering stuff. First of all let me start by saying, IT IS ALL MY MISTAKE. I love procrastination and almost paid a 6 digit price for that. Well, God helped me I guess. ON Friday My great PSU bank assured […]
First of all let me apologize to all the bank managers and officers who I have criticized in the past. Not that they have suddenly turned saints, but I have turned wiser. It was very easy for me to get frustrated with the bank managers – PSU or otherwise – so I used to criticize […]
What was scary is a recent default by Orbit – that too for an amount of Rs. 96 crores. For a builder with operations in Mumbai…this should not have been a big amount…but well, it did happen. It is amusing that the middle class keeps its money in savings accounts, fixed deposits, RD, etc. – […]
What are the common financial worries – and what are their solutions? Let me list them, as I HEAR IT: 1. Huge debt combined with job insecurity: Whenever a young person takes a loan somebody in the family is bound to say ‘OMG you are taking a Rs. 18 lakh loan (it could be anything […]
Immaterial of what age you are there are times when you get into a sticky financial situation. What are such situations and how do you handle them? 1. A close friend of yours has taken a loan – and is not making any attempt to repay that! Well this could be a friend, a sibling, […]
My parents always managed to make ends meet, even though my mother was a stay-at-home mom and my father worked in a factory! Neither my sibling nor I did things like ‘tuitions’ and these kind of income supplementing stuff. Of course unlike many people of my father’s generation he did not have to support his […]
Whenever people see me in a group gathering, they come and talk to me about equity markets. I am not sure why they do it, but it is very useful for a guy looking for topics to write on. So a few people will come and tell me “I lost money in 1992 and then […]