this article on budgeting appeared in www.moneycontrol.com long back. INCOME: Rs 100, expenses Rs 99, life is fine. Income: Rs 99, expenses Rs 100, life is in despair. (Due apologies to Charles Dickens!) There used to be a time when it was advisable to have regular health checkups when you 45. Now, it’s closer to […]
Last week I was travelling and therefore watched Television – and it was Utvi Bloomberg that I watched. Here the very sensible (and not so shrill) Surabhi Upadhyay was doing a program on debt reduction / consolidation. Funnily it is perhaps the only program on the borrowing side. Most other channels and ‘personal finance’ experts […]
However is a good list of resolutions that you can make – it is really useful if you made it already, just reiterate it, and follow it! So here it goes 1. I will write down my financial goals – NOW, IMMEDIATELY. 2. I will convert a big portion of my savings into investments – […]
My heart goes out to people who run television channels, magazines and websites – the constant search for news is not easy. Let us take the RBI rate hike which happened. A 0.25% increase in the Repo rate is actually not such a big news, but if you have to write about, it, well, you […]
Amazing how people who do not know anything about debt, equity, mutual funds, risk, real estate, …suddenly turn advisers. No this is not about somebody selling life insurance and mutual fund products, but inside the family ‘advisers’ ever willing to help! They just wait for some ‘helpless’ person and start giving advise. Let us look […]
When we made research reports in the 1990s, we used to have one page on risk factors. One of the risks was ‘Regulatory Risk’ – never bothered about it much.. Now if you are the promoter of a life insurance company, your purse will know what is regulatory risk. Thanks to IRDA’s diktat, all life […]
Have you ever wondered why people close to you – brother, sister, in laws, friends, cousins, colleagues, do not seek advice BEFORE they buy a financial product? It is my job to wonder why, so I do. Most of the people who consider me their financial adviser (or at least think I know more than […]