an old article being reposted. Look at both these stories from a personal finance point of view…I believe Naushad wanted his family to go through a lot of trouble, but not confirmed…read on…. There are two news items in today’s Times of India – both related to personal finance. One is about Naushad (who knew […]
I am normally a right wing guy….and an out and out capitalist. So if somebody came to me and said ‘should i write the PO exam’ I would scoff at them… Not any more…For those of you who saw the PO Job announced by SBI – 1500 jobs – you will know why. Details: Age […]
Do you lend money to friends? How do you react when a friend asks for money? Thanks to banks giving loans literally for everything – personal loans, car loans, home loans, these days the number of people asking for loans has gone down. However at one strata of society it is possible that people come […]
It is easy for me to say ‘you should not take personal loans, because I have not taken’. It is so foolish too say do not borrow. Most people are borrowing out of compulsion, not love for the bank!! Nobody borrows if they can live without that expense. However people do borrow, and when I […]
Goal setting is something which now everybody seems to be doing. However it is not possible to do any kind of Goal setting unless it is internal to you! So why can I not set goals for myself like say a Mukesh Ambani (perhaps) does for himself. Simple – internal to me, but I am […]
“Never a borrower nor a lender be” because a loan normally loses itself and the friend. This is an old adage right? Surely Nehru, Gandhi, Rajaji did not have a credit card but their great grand children would all be carrying a credit card, maybe a housing loan (or home mortgage as yankees say it), […]
It may sound very outlandish and out dated that I do not allow my clients to borrow for investing. In fact I have become very unpopular with some clients for this very reason. However I am against people borrowing against gold, against their properties (top-up loan), personal loans or even a leveraged application in the […]