What is a financial statement and how do I create one for my family expenses? How will creating a financial statement help me budget and plan for my family’s future better? This is a question that I am asked quite often. Let me answer it like this: There are various financial statements that an individual […]
Many of us cannot resist that extra sweet…or that fried stuff. Well 30 seconds of pleasure on the tongue…then 30 years on the waist! How come we seek such short term pleasure in whatever we do? Why does short term trading seem more attractive vs. the long term investing, dividend yield, value investing…well I have […]
It is very exciting to do a post on the budget. All you have to do is a lot of cut, copy and paste. My mail box is full of documents about the budget – and there is only only key that I had to use. It is called ‘Del’. Frankly for the common man […]
About the Book : – To most people retirement is an age. It of course depends on your health, the company you work for etc. However in the first chapter I would like to introduce you to the concept that retirement is an amount of money! After all, if you have that magical amount why […]
First Make a budget! – this is a good new year resolution to make. Perhaps the best. Budget, is normally a word which has negative connotations! If you see saving and investing as “consumption foregone today for consuming at a later date” you might see it in a different light. One of the challenges with […]
Are you in Denial mode regarding your retirement financial needs? I cannot comment for every one, but too many people I meet are in denial about their financial needs for retirement. Most of us do not want to accept that we will buy 3-4 washing machines, air conditioners, refrigerators, maybe about 2-5 cars, at least […]
http://www.subramoney.com/book-written-by-me/ “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 […]