Read an amazing article on 10 March in a national pink daily on Term Insurance with Return of Premium. ROP as it is called. The author had argued that a Term ROP should not be bought because it is more expensive than the pure Term insurance and hence it should not be bought. This is […]
There is an article by Radhika Merwin “The first step is to calculate how much you will need towards living expenses after retirement, depending on your lifestyle. Let’s say you’re 30 years old, currently drawing an annual income of Rs 10 lakh. What percentage of your income will be enough to cover your living expenses […]
Thanks to Rich Dad Poor Dad (then bankrupt Dad too!) many people know what are assets and what are liabilities…I am making ONE more distinction…. Assets: are those assets which increase your REAL NETWORTH (NW) Assets: that increase your nominal NETWORTH Assets: that are essential for your living and usage Assets (liabilities!): that are not […]
somebody had sent this to me long ago…and since many kids do read my blog…I was wondering if they could find it useful soch lo… http://www.dowrycalculator.com/
Must see this. Crest Animation is being touted as a MULTI bagger…which means X to become 10X or 20X. Sadly it has become X/10….multi bagger or multi BEGGAR? LOL http://www.moneycontrol.com/video/stocks-views/crest-animation-may-give-100200-returns-sp-tulsian_498274.html
If you run a personal finance blog…somewhere it goes into areas which look peripheral to most people…like: spending financial behaviour economics good food good health why? because good food and good health are good economics. Good economics is sensible personal finance. So you will find occassional posts on food, exercise, etc…here is a shocking news..perhaps […]
You hear the words ‘financially free’ or ‘financially independent’ regularly, right? What exactly do these words mean? Well there are a few things that it means: 1. You spend significantly lesser than your income: this is difficult to describe beyond a point. Let us say you are earning Rs. 300,000 a month post tax. Your […]