Women need to plan for their retirement more than men need to – because they work for a lesser period and live longer. However they do have some major obstacles towards achieving this goal: 1. They study less: Academically women do better, but even in communities where education is important girls are NOT encouraged […]
If statistics are to be believed about 70% of the Engineers and MBAs of the class of 2011 are still looking for a job. Now about a Million kids of 2012 will be added to this pile of ‘Qualified Job Seekers’. Well most of them will graduate and continue to depend on their parents for […]
It is not easy to give simple advice. It is ever more difficult to follow them. Simply because if you do follow them and make money, your MAIN assumption in life ‘what is complicated is good’ is shattered. Ok here are some old nuggets which I have said in the past, saying it now, and […]
Subra, my money is safe, I bank with a mnc bank. They have fantastic internal systems, audit, well paid and well trained people to look after my money. They have a fantastic ……. Really? And I have dealt with banks, insurance companies, mutual funds, IFAs, ….and I know this is a wishful statement, not true. […]
Mostly people tell you ‘I bought a house for Rs. 50 lakhs’. Great. A house is rarely just the cost that the broker told you when you bought the house. Have you seen what are the associated costs? Cost of the house is Rs. 50 lakhs. Assuming you did not have any money for down […]
Many young couples I know shudder to think of having a kid. One of the guys told me ‘I am still a kid…how can I have a kid‘. And he is 29 and so is his wife. This is not a class on whether to have a kid, but for those who have a kid! […]
In the past 10 days 2-3 people have asked me for feedback about 3 financial planners. I do not know the people asking the questions, nor do I know the planners. Obviously I know the names, but I will not name them. I politely said ‘I as a professional will not comment on the work […]