Well not exactly poor, but almost helpless! They do have some balance in their PF, may or may not have a house, some money in gratuity, a few bank fixed deposits – and of course no indexed pension. Why do people reach such a stage in life? Well, these are the things that I can […]
If I were to write a book on personal finance, personal fitness, diet….I would love to call the book “Take Charge” Simply because that is exactly what you need to do with your health and /or your finances. Also only when you take stock of the current situation (i.e. make your balance sheet) will you […]
This is perhaps the worst possible line that the life insurance industry wants to see….. Why? Simply because the life insurance industry exists for itself, not really for the client. So the industry does not want to antagonize the agent. The agent feels that he is doing the sale, the paper work, convinces the client […]
One more nice middle class myth, please break it. How many times have you heard this…..For girls PSU bank jobs are fine – there is not much work, there is a good salary, job security, LTA, and a lot of time to look after the house. All of it is wrong. In a typical PSU […]
It takes a complicated mind to understand that Simplicity is the Ultimate Sophistication. If you go to an investment consultant ask simple questions. But hey, let us step one step back. Do you know that getting rich is not rocket science? It is simple and straight forward? You need to get a couple of equations […]
I have been bursting crackers now for a few decades and obviously have some ‘cracker’ wounds, but nothing serious. About 3 years back my daughter’s teacher told her “when you go to burst crackers you should carry a bucket of water…just in case…” So in the first year my daughter carried water on the […]
There is an English saying “you should not tell lies to the man whose face you see while shaving’ – so true! So if catch yourself lying to yourself, be careful. It is time you taught yourself what it is to lie …. Last week I was speaking to a cousin who has just retired […]