Earning money is important but it is also necessary to follow a financial plan and invest money accordingly. Saving money is not a solution as it does not offer growth in return; keeping it in a savings bank account only gives interest
that have state-provided social security to citizens, we do not have any such state support. The salaried have some form of mandatory savings towards retirement with EPF (employee’s provident fund) and several other means to create a retirement corpus.
In our early or mid-20s, when we start our first jobs, the salary amount that we receive is not very high. Now, from that, we have to manage all our monthly expenses like rent, food, commute, etc. And with the new-found freedom of having money in hand,
When we dream? we usually dream big! A beach house, a BMW, or a piece of land in the moon? there are so many things we want to buy/achieve in life. But, then we think, it's impossible to create such kind of wealth in our lifetime and slowly start
BackgroundI am 38 Years old. When I was young a very popular animation series was Richie Rich. A very young rich boy surrounded by coins and money, spending whole day! This image may help you to recollect:I recalled this series today morning when I read the headlines of…
BackgroundMy recent interactions with few of my friends and (seemingly conservative) clients regarding stocks, IPOs, short-term trading and investing provoked me to write this.The peopleI am doing business related to Personal Finance since 2017 and have personally interacted with at least 250 persons across age groups, genders, cities…
Background: Recently I watched a summary video on the books of M J Demarco posted by James Jani (links are given in references). The content has provoked me to write my second blog. Overall the thought process is about what billionaires do the different work than a normal…
Background A typical middle class family all around the world has almost similar finances. Recently I have read on this subject and very much impressed by the thoughts of Robert Kiyosaki in his books Rich Dad Poor Dad and Cashflow Quadrant. Here in this blog I have tried to…