Archive for the 'Children and Money' Category

Loans to adult children and friends?

When you are doing well and have a nice surplus (and the world can see it!) there is a good chance that people come to you for help. Nothing wrong in their coming, and nothing wrong in your giving, however it is not easy. Let me give you a few examples: Mr. M an executive [...]

Retirement or Children’s Education?

Some questions plaguing parents about money have been the following: 1. Should I delay my saving/ investing for retirement BECAUSE I am saving for my children’s education ? 2. Should I dip into my Retirement kitty to pay for my children’s education ? Sadly in the Indian context education is just a broad word I [...]

Class of 2013: Confessions of an MBA school salesman

Hi kids of the graduating batch of 2013! There are certain things that I ‘forgot’ to tell you in 2011. It is also called ‘suppresso veri’ – well it is a legal language to mean ‘hiding of the truth’ but my job did not allow me to tell you the following. The following is also [...]

11 Career tips for those in their 20s

Many kids in their 20s are serious about their career. Sadly many, many more are not. The reasons for this are not far to seek. Many of them have been told that it is all right to keep wondering what to do in your 20s. Not true at all. I know of one boy who [...]

What every graduate should know…..part 2…

There are no hard and fast rules in the world. None. Sachin Tendulkar did not copy Vivian Richards. Nor did he copy Don Bradman. So there are no ‘success rules’ that work for everybody. Start early – is a good rule, but Kentucky Fried Chicken was started by a man in his 60s, right? what [...]

Congrats on your admission for MBA

Many young people I know have got into their MBA schools and should be joining soon…so here is a note addressed to them… Hi Children! Congrats on getting into your MBA school. I am not making a distinction between a full time MBA, an executive MBA, a 2 year course or a 1 year course. [...]