US Fiscal Cliff simplified for everyone. This puts things into a much better perspective as to the present US economic situation.. Lesson # 1: * U.S. Tax revenue: $ 2,170,000,000,000 * Fed budget: $ 3,820,000,000,000 * New debt: $ 1,650,000,000,000 * National debt: $14,271,000,000,000 * […]
Sadly there is not enough research on the financial behavior of Indians. On the other hand there is a lot of research in the US about American earning, spending and investing pattern. It is NOT possible to just do a cut n paste of the American behavior patterns, and THEREFORE one cannot just accept the […]
When you handle personal finance you need to be a little soft, a little hard and sometimes cruel. It is like giving medicines to a kid. Not many clients want to listen to bitter advise. Imagine a professional who wants to invest Rs. 3 crores in a business, where I think he will earn only […]