You hear the words ‘financially free’ or ‘financially independent’ regularly, right? What exactly do these words mean? Well there are a few things that it means: 1. You spend significantly lesser than your income: this is difficult to describe beyond a point. Let us say you are earning Rs. 300,000 a month post tax. Your […]
A few days ago I posted some money management rules which had changed…so here are a few more: Most of the rules are what you have heard…or will hear. 1. A. Stay away from equity. 1.B. New Rule: Staying away from equity will ensure that your portfolio is well short of meeting your retirement requirements! […]
I am normally a right wing guy….and an out and out capitalist. So if somebody came to me and said ‘should i write the PO exam’ I would scoff at them… Not any more…For those of you who saw the PO Job announced by SBI – 1500 jobs – you will know why. Details: Age […]
I started off as a fan of Meru cabs – largely using it for airport trips initially. In fact at one point Meru became an addiction especially in Delhi and Bengaluru. In other cities Meru became very useful especially because I had no clue about distances and the geography. Then Meru started looking more and […]
Earning well but poor…was a title which hurt a few people…so I have blunted it a bit by saying ‘not rich’. Please define your levels of ‘not rich’…so here are the reasons: 1. You are stuck to a job: you hate your job, your boss, your timing, your job location….and ditto for your wife. However […]
How much is the government of India deficit and how much lower will it go according to PC? Well it depends on how you look at the deficits, and what bank NPA number are you willing to believe. Hmmm When some deals happen you keep wondering ‘How do such deals happen?’ . In a public […]
So by the end of January we have made our resolutions, promised to keep them, and have now broken them, have we not? Well what are the major ways a person breaks / destroys resolutions? Not sure about the other resolutions – but financial resolutions are destroyed by the following people behavior: 1. Missing […]