You come home from office and wife starts the pep talk… Winters on the way … we need a room heater this time… you know last time you said “this is the last stretch and winters will be over soon”,… and it continued for another 15 days… not this time, please. And probably you areRead More
Financial Planning
The Ratios: Your Financial Health Report- Part 2
In part one, we saw some of the basic ratios which can clearly see if a person’s finance is under stress or if he has the capability to plan for future. In this post we shall know more such ratios which look very simple to calculate. Once you have the numbers and you run theRead More
The Ratios: Your Financial Health Report- Part 1
Before we start learning the important ratios or indicators of financial health, I promise I won’t bombard you with mathematical concepts or explain theorems. This will involve some basic calculations using addition, subtraction, multiplication and division and nothing more than that. If you have observed a pathological report, you will note the last column whichRead More
Type of Financial Planner – As Per Regulators Eye
You might ask, why I am endeavoring to differentiate between Financial Planners. This is because the type of Financial Planner you engage, has a direct bearing on SCOPE OF ADVICE you are bound to receive. Every day we hear about mis-selling happening at all levels, be it a bank or an individual advisor. How canRead More
Adopting Minimalism in Personal Finance
The festival season has started and get ready, as your monthly budget or some part of savings may go for a toss. Look at the newspaper in the morning, the number of papers have increased to accommodate advertisement to tempt you- to book a flat or change your vehicle or gifting jewelry to your spouse.Read More
Kids & Personal Finance: When & What to tell?
IntrRecently at a mall I saw another ‘wonder of the world’. Usually the most happening area is the toy area where you will see kids grabbing, crying, howling, praying and going to any extent to get the toy they want. I usually hate that area as who likes crying kids, but what I saw pushedRead More