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
Financial Planning
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
Save Money for Your Child’s Higher Studies
Education costs in India are rising and we all need to save more and more money for our children’s education. We all know that but I was taken aback to read in the dailies how much the costs had increased over the past few years ! While the cost of educating a child till theRead More
My Personal Income and Expense Statement !
Being a financial planner, I am shit scared about not meeting my goals. I preach goal based investing and sane financial planning, so there is no way I can falter with my financial disposition. So when I look at my personal income and expense statement each 6 months, I get the creeps. I know IRead More