There is Gen X which believes that the next generation – Gen Y – is the ‘entitlement generation’ . I have a slightly different view. The Gen X has in many cases exploited their parents – right from looking after their children, using their services like a servant, occupying their houses – there has been […]

Read More →

  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 […]

Read More →

Why does the government need so many banks? With different names, multiple branches, multiple ATM booths,….but essentially doing the same work. The metros are over banked – seeing 4-5 branches in a small road is a given. Well the reasons are simple. If there is a Rs. 10 crore fraud in a small private sector […]

Read More →

  Maybe because I am in finance or for whatever reason many people tell me stories of financial fraud. The most dangerous are the ones involving finance and Senior Citizens.  Story No. 1:  One senior citizen without too much knowledge of banking processes and documentation asked his close relative to withdraw money from the bank. […]

Read More →

Many people deal with kids in a way that they think they do not understand money…This is very funny and sad. Let us run a checklist on what your kids are learning: – Do your kids realize that everything costs money? The domestic servant, the driver, electricity, using a house (rent), banking, investing – NOTHING […]

Read More →

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 behaviour: 1. Missing out […]

Read More →

As a financial trainer I train 22 – 35 year olds. Rarely would my class have people senior than this. However as a financial consultant and speaker at public gatherings, I do come across a lot of senior citizens and these are the issues that they face: 1. My son is in the Middle East […]

Read More →