Ask the pundits, and they will rattle off so many different ways to get rich. But more or less, their basic principles will be same. Becoming rich is something which can be achieved through implementation of these rules. You might have heard about the easiest way to become rich or how to get rich quicklyRead More
Financial Planning
Personal Finance Rules of Thumb [infographics]
While I am not a fan of rules of thumb and usually take a clinical approach to zero down on requirements like retirement wants, how much insurance you need or how much you need to invest in equity, not all the readers here can do the number crunching. For investors such as these, it makesRead More
What are the Passive Income ideas in India ?
Passive income ideas in India are not a rage unlike the western countries. In the West, you have individuals doing more chores to accumulate that extra buck each month. Passive income is income that gets generated when you don’t have to work for it regularly. Imagine for a moment, how nice it would be toRead More
Impact of petrol price hike [infographics]
Petrol and inflation – two words that can get the corpses out of the graves these days in India ! The news is that they are going to increase the prices of petrol once again. That too by an approximate Rs 8. That is a huge dent in your wallet. I began by calculating howRead More
Quotes from Financial Planners in India
During various workshops across the country, organized by the large hearted founder of NetworkFP.com, Sadique Neelgund, financial planners in India unleashed their best one liners. I have tried to compile the quotes from financial planners on this one page here. I am sure there is more in store out there and I have only theRead More
How Gambler’s Fallacy impact you financially
Way back in the summer of 1913, the Monte Carlo casino in Monaco saw an event that was unprecedented. Gamblers at the roulette wheel saw the ball falling in the black 26 times one after the other while they betted that it would fall in the red. Many of the gamblers lost a lot of moneyRead More