Archive for the 'Budgeting' Category

Diwali cleaning for your portfolio!

You, and your family just spent the previous 2 weeks cleaning your house, right? What about a Diwali cleaning of your financial stuff too? Do not know where to start? Make an inventory of your financial assets: all your savings accounts, fixed deposits, mutual funds, life insurance policies, health policies, public provident fund accounts, house […]

Make a budget, NOW! Today!!

  “Whatever I do, my weight does not come down” and “Whatever I do I cannot reduce my expenses” – are commonly heard statements. If you are a doctor, a wealth guide, a financial planner, …you hear both of these statements. Normally people do not write down diligently what they earn, spend and invest. Similarly […]

Budgeting is difficult? try this!

Try telling people that saving/ investing money as well weight management have one thing in common – nice record keeping, and they screw up their nose! Are you in that category? Do you shudder thinking of the painful paper work or data entry on the comp? Then come to a simple rule of budgeting. Nothing […]

Living on a budget

this article on budgeting appeared in www.moneycontrol.com long back. INCOME: Rs 100, expenses Rs 99, life is fine. Income: Rs 99, expenses Rs 100, life is in despair.     (Due apologies to Charles Dickens!) There used to be a time when it was advisable to have regular health checkups when you 45. Now, it’s closer to […]

You must invest at least 10% of your salary!

a variant of this appeared in www.moneycontrol.com DATE OF ORIGINAL ARTICLE: 2007….NOW we are in 2013….please adjust all dates accordingly… Normally people invest to get returns. No doubt, everyone invests for returns. That magic figure governs the fate of all investment products. The logic in people’s minds is simple: The better the returns, the more […]

What is safe leveraging?

Let us get it right, the real rich do not borrow. Never ever for personal expenses, buying assets or personal INVESTING. Borrowing and investing is a very foolish thing to do for most people. Will a Mukesh Ambani or a Kumar Birla take a personal loan to buy shares? Tough to answer this question? No. […]

Budget views of a Life Insurance player…

Here is the uncensored, unedited view of Aviva India…..my views you have already read right? well read on…. Union Budget – Reaction from TR Ramachandran, CEO & MD, Aviva India Mr. Finance Minister, through this budget, has tried to give a big push to infrastructure, incentivise savings through financial instruments and property particularly at the […]