Goal Setting is deciding the end-point of your planning exercise – determining where you want to go. The more tangible your goals, the easier it is to plan for their realization. Begin by listing both your short and long term financial goals. Short-term goals are things you want within the next five years – a [...]
Did you know that if you are dealing with a non psu bank, you are dealing with a foreign owned bank. India registered, oh yes, but foreign owned. Did you know that airlines will soon be owned by foreign capitalists? that the retail will soon be opened up for the Marks and Spencer? and the [...]
I have spent half a century on the planet so have a lot of friends, classmates, cousins, friends who have spent similar amounts of time on planet earth. I have a lot of friends who are runners, and cyclists too. A few days ago one young friend was cribbing about the price of petrol. [...]
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 [...]
Well, if you were in the US and I were a Pres candidate…i would have been forced to ask you this question. Well politics aside, this is a question that you should keep asking yourself EVERY year. In case of your personal life, hobbies, work, relationships, etc. you need to frame your own questions.I do [...]
This is a cheat sheet on what you need to know about personal financial planning. I cannot blame you if you are already feeling overwhelmed about the kind of financial stuff being thrown at you! Let us get the basics right: 1. Personal financial planning is SIMPLE. This does not mean it gets done, but [...]