Financial Resolutions for 2010!

Doing an article for the New year is easy. Just go to the article you did in the previous year…and change the year.
However is a good list of resolutions that you can make – it is really useful if you made it already, just reiterate it, and follow it! So here it goes
1. I will [...]

Happy birthday Mr. Gavaskar

Recently Mr. Sunil M Gavaskar celebrated his 60th birthday. Nothing great about it. His parents were around to bless him – this is a new phenomenon. Many people who are celebrating their 60th birthday are celebrating it with their parents around them. Many of these parents are pushing 80 – some are close to 90 [...]

Children and Money

I was recently at a conference for students – and was addressing about ‘ABC of Money’. ABC of Money is a program which is meant to introduce you to Goal setting, Quantifying Goals, Mathematics of Investing, Compounding, Annuity, Risk Profiling, Mutual Funds, Life Insurance, Retirement Planning and Record Keeping. It is a comprehensive program and [...]

Toxic assets at home: Toxic wife

Many people think only Obama has to deal with Toxic assets. Not true. Not true at all.
Many people could have a Toxic asset at home. It could be a toxic wife. What is a toxic wife?
Well this is a recent term and describes a breed of women who are gold diggers and constantly looking for [...]

Why life insurance?

I recently heard of a motor cycle accident – 27 year old boy…need I say more? Wife has a 3 year old kid and one more coming into the world. It was a love marriage with not much blessing from the boy’s side.
About 6 months back it looked like a typical fairy tale. A decent [...]

Monthly expenses can really add up…

My parents always managed to make ends meet, even though my mother was a stay-at-home mom and my father worked in a factory! Neither my sibling nor I did things like       ‘tuitions’ and these kind of income supplementing stuff.  Of course unlike many people of my father’s generation he did not have to support his [...]

Children’s Day: Helping children financially?

So here is Children’s Day – a good day for parents and children to take stock financially speaking!
Most parents like to think they are helping their children by helping them financially. Especially if you are doing well – but in many cases even if you are not doing so well. Take the case of [...]

wealth management story

 
Once upon a time a King was walking through his kingdom and he found a farmer. He asked the farmer what he does for a living. The farmer told him about his crops. Then the King asked him about his earning and saving habits.
The farmer said out of a rupee I earn I consume a [...]

Daily life or politics?

I hate writing about politics. Till it affects our daily lives.
When in 1941 FDR, the then President of USA said freedom means freedom of speech, freedom of worship, freedom from want and freedom from fear, I thought it was a good workable definition.
Today when I was reading Obama’s book and he quoted FDR, I started [...]

Will : what happens to your assets after you die?

Why do people postpone making their will? They think they will never die? Or they are
sure that all their heirs know about their inner desires? Well read on…