Power of Compounding!!
Let me start with simple principle we have always been taught since childhood. We should take proper diet regularly and timely that will provide us energy to work more effectively. But, when it is about savings, we always see common practice in many families is to spend our money first and invest with leftover amount. […]
Financial Advisor v/s Agent
Disclaimer: The intention of this article is not to hurt anybody’s feeling or profession. It is purely a comparison of two different professions based on my personal experience. While delivering sessions on Financial Planning I always came across common question. What is the difference between buying financial products from agents and advisors? Also, many people […]
Weekend Investment Strategy
While sitting idle over the weekend with family, my wife said “bore ho raha hai…kuch kam chahiye dimag ko” and one thought came up in my mind. Why don’t we invest ~ 1/2 hour time to create simple strategy for coming week and decide investment strategy!! I have already been working on some strategies since […]
Do you know, you can be Crorepati by investing just ₹50/- Per Day!!
Friends, we generally spend ₹50/- on Tea & Cigar daily. I am not saying you stop smoking or drinking tea, just reserve additional ₹50/- a day and you cannot believe, it will convert to whooping One Crore in 30 years of time. We all know equity markets in the short run may not give you […]
My Point of view on Budget
Why I am writing the below article? My mobile was beeping / ringing most of the weekend (3rd and 4th Feb). Hence I thought let me read a budget fine print and see if I can provide some insights on the questions most asked. Majority of the calls were stating, there was nothing in this […]
Thumb Rule of Financial planning
30 % of your income must be used for monthly living expenses 40% of your income must be used for Liabilities repayments (Housing EMI, Loans etc.) 30% of your income must be SAVED and INVESTED for your retirement. 3-5% of your income must be spared for Social cause 6 months expenses must be available for […]
All about investment
Is Demonetization Good for Economy ? The demonetization-driven cash crunch that is playing out in India will create short-term economic pain in the form of the transactional hit created by a hard cash deficit and the structural hit to non-tax paying businesses that would become unviable. As we move further away from this event, government’s […]
How to maintain “Financial Health” during COVID-19
COVID-19 or Corona Virus making headlines around the world. It’s normal to feel uncertain about many aspects of life right now, including finances. Let’s take a closer look at how you can keep your finances in order as the COVID-19 situation develops around the world. Try to Save More In the current situation, you are […]