Some of the kids I know are going to HATE me for this article…sorry guys n gals but you have really inspired me to write this. Honestly this is dedicated to you. Here it goes! 1. Your cheques bounce: Oh not regularly but 4 times in a year. This could be because your salary came […]
My orientation is to try to write LARGELY on wealth. I suddenly realized that to get wealthy you need seed capital (!!). For the real young ones who have JUST started earning (aged 22-25) they need to know about: funding buying an asset, credit cards, credit score, some career moves, educational loans, ….the real basics. […]
When the father of a girl called me to ask about a boy (marriage reference), I said nice, glowing things about the boy. Fairly obviously I knew the father in a professional context, the girl in a social context and the boy was working for a company owned by a friend. I did not […]
Doctors are the toughest to define professionals! You find doctors earning as little as Rs. 200,000 a year to doctors earning Rs. 200,000 a day. It may be some exaggeration, but it is not far away from the truth. However not all doctors are rich, handsome and managing their moneys well. Also contrary to public […]
When I say parents put kids in EMI traps, I mean the guys (like me) born in the 1950s, 60s whose children have started earning….and sadly turn to their parents for advise. Well it happens like this… A guy born in the late ’70s or early ’80s starts earning. He first goes and buys […]
Most parents I know support their children through college. Fair enough. Then they pay for the ‘higher education’ – this means an MBA. Not fair, but very unIndian to say ‘go get a loan’. So it is all right. Then they support them in the ‘early’ part of their lives with a car, a down […]
The equity market is like a lion. When you see it take a couple of steps back, it is not to run away, but to spring with great vigor. Ok this may not sound too great, but you may not have heard it anywhere else too! You have been hearing Bill Gross saying ‘Equity […]