I recently heard of a motor cycle accident – 27 year old boy…need I say more? Wife has a 3 year old kid and one more coming into the world. It was a love marriage with not much blessing from the boy’s side. About 6 months back it looked like a typical fairy tale. A […]
My parents always managed to make ends meet, even though my mother was a stay-at-home mom and my father worked in a factory! Neither my sibling nor I did things like ‘tuitions’ and these kind of income supplementing stuff. Of course unlike many people of my father’s generation he did not have to support his […]
So here is Children’s Day – a good day for parents and children to take stock financially speaking! Most parents like to think they are helping their children by helping them financially. Especially if you are doing well – but in many cases even if you are not doing so well. Take the case of […]
Once upon a time a King was walking through his kingdom and he found a farmer. He asked the farmer what he does for a living. The farmer told him about his crops. Then the King asked him about his earning and saving habits. The farmer said out of a rupee I earn I […]
I hate writing about politics. Till it affects our daily lives. When in 1941 FDR, the then President of USA said freedom means freedom of speech, freedom of worship, freedom from want and freedom from fear, I thought it was a good workable definition. Today when I was reading Obama’s book and he quoted FDR, […]
Why do people postpone making their will? They think they will never die? Or they are sure that all their heirs know about their inner desires? Well read on… The current generation of clients whom I meet is inheriting nice big round amounts of money. However since their own salaries are far, far higher than […]
https://www.youtube.com/watch?v=lFrue8QmeAE In all my financial interactions – be it planning for clients, training, teaching or writing, people have come to me with some problem which they think is unique. In all the financial problems, I am able to find a pattern. Believe it or nor, people more often than not choose the problem by […]