For the past 3 decades (at least) YOU have been told by us (media) that there is ‘good’ debt and that there is ‘bad’ debt. Good debt is a beautiful concept ‘created’ by lenders with a great, benevolent image to say that: interest rates are low it is tax deductible and it is used to […]
The way we have complicated our lives is really awesome! (ha ha Gen Y word for everything!). We had simple running shoes. Now we have gel shoes, air packets, sole less shoes,… there is such a huge range you will not believe it. Food, finance, life, entertainment – you name it and we have it […]
About 12 years ago she came to me for investing her money. She is a well educated woman, has a smart daughter – and there is no man in her life. She is divorced, her father died about 7 years ago and she does not have a son. I am saying all this because when […]
When I say parents put kids in EMI traps, I mean the guys (like me) born in the 1950s, 60s whose children have started earning….and sadly turn to their parents for advise. Well it happens like this… A guy born in the late ’70s or early ’80s starts earning. He first goes and buys […]
When I say banking, I mean banking, broking, mutual funds, insurance, software companies in the BFSI space. So let us revisit the laws: 1. Golden Rule of Life: He who has the gold makes the rules. If your name is Diamond, even better. 2. Salaries are NOT decided by demand and supply: It is […]
Whether to buy a car, how to finance a car, what car to buy are all important steps while buying. So here is a list of things that you should do if you were to buy a car: 1. Do your homework: The internet has surely made it easier to compare cars, compare features, understand […]
A tells B – if I have 2 houses, i will give you one. If I have 2 cars, I will give you one. However if I have 2 shirts, I will not give you one. So B asks him – ‘Why are you saying that?’ A says ‘Because that is what I ACTUALLY HAVE’….. […]