Personal finance at home – budgeting, spending, analyzing, saving, investing – could be a boring topic. But then managing family finances or family financial management is important. Many families simply do not manage it so their financial planning is always in trouble. For families that do, it’s either the husband or the wife who take itRead More
Financial Planning
65 Personal Finance Tips
While we are a free country and very democratic in almost every walk of life, how many of us can say with confidence that we have attained financial freedom as well ? Money helps us sustain our daily living yet most of us struggle with basic personal finance decisions and healthy financial planning. So, fewRead More
How Much Gold Allocation in Your Portfolio?
Given the rate of return of gold in the last few years, do you think the gold allocation in your portfolio needs to increase ? Does your financial planning philosophy say that the maximum gold which should be present in your diversified portfolio should be 5% to 10% and the rest should be other assetRead More
5 Random Golden Rules to Become Rich
Everyone would like to become rich. But how do we get there ? Does equity investing make you rich ? Or is it the tortoise like slow and steady systematic investment planning route of mutual funds that gets you the riches. Golden rules to becoming rich are far and varied. If you master some ofRead More
15 Rules of Common Sense Investing
Investing your money and growing rich requires as much common sense investing as knowledge about the various investment classes, how they work and how to best invest in them. Sensible investing can be done by anyone who knows the rules of the game and is aware of the following simple principles which need to be applied toRead More
What to do With Your First Paycheck
Do you know what to do with your first paycheck? Did you blow it all away or did you save it for later? Did you blow away all of it later? What you do with your first paycheck marks what probably you will do with your later ones as well. Here are some practical suggestionsRead More