The problem with simple steps is most people do not believe it. I remember that sometime in 1999-2000 in class somebody asked me ‘give me some simple steps to great wealth’. I said : You mean? He said: suggest 3 shares which will make me good gains over the next 10-15 years. I said: If […]
Either I am beginning to attract what I like, or the world is also seeking a simpler lifestyle. Not sure which is true does not matter….but yes many people are trying to live a simpler life. One of the important things that the ‘economy’ wants you to do is spend. So time pass for most […]
Generally as Indians we love complicated things..but this blog is about simplifying, so here are some simple steps to getting wealthy: 1. Understand that small amounts make a difference: whether you are 22 or 55 understand that the best time to start is NOW. Even if you can invest only a small amount, START, NOW. […]
I am asked this question a million times, and I have always given a sub optimal answer! Frankly I do not know whether a person needs a financial planner or not. A financial planner has so much of responsibility and work to do that he/she does not do it! In fact I do not know […]
This is what every channel, magazine, website wants to carry for ‘Easy simple steps to get rich’: Set a goal, quantify your goals, decide on the amount of money for each goal that you can set aside, choose good mutual funds, and hey presto in 5 years you would have achieved your goals….and other goals […]
In every financial planning class I need to do a post lunch session. To keep them awake I ask them to do a simple exercise – calculating how much money they require for retirement. Unless they are at least 32-33 years of age, they have no clue as to how much they need for […]
Many people think creating wealth is a very difficult process. Funnily, it is not so! Let us look at some simple steps: 1. Stop procrastination! The best definition of procrastination that I know is unfortunately not printable! But it is easily one of the most important reasons why wealth does not get built. So start […]