When I say retired people I mean people who do not have any earned income. That means they are dependent on: pension interest and dividends children Well these people have some really tough decisions to make: 1. Where to stay? : I have stayed all my life in Mumbai, now I have a house in [...]
Mansur Ali Khan Pataudi, aka tiger the immaculately dressed Englishman in Indian skin breathed his last. He listened to another Englishman who said – the age to die is ’3 score and 10′. Well Tiger lived to the age of 70. Like in life, so in death, he was perfect. I saw him on a [...]
Doctors can create wealth. A lot of wealth. However, it may or may not happen from their earnings alone. Earnings make you Rich. The journey from being Rich (earning well) to being Wealthy (having various sources of income) is not easy. Not to say it is difficult. However it requires effort. It can happen only [...]
Historically speaking XBRL was born in USA. However converting all the documents from a non xbrl environment to the xbrl environment is happening all over the world. The UK, USA, etc. are choosing to do the outsourced work in India. A very big quantity of this work is happening in Navi Mumbai! Of course it [...]
There is only ONE reason why people get into debt. Living beyond their means. Make no mistake there is just one reason. However when people get into debt, and when they come to me, they justify on various grounds…I have very little sympathy -Satyam is never Sundaram, but always SHIVAM!! What are the main reasons [...]
Many people get scared when they are asked to think of retirement. I do agree that Indians are innovative and can come up with some nice solutions…here are a few that I have seen. 1. a widower living with his unmarried sister: it could never have occurred to R that a simple solution of living [...]