Do you lend money to friends? How do you react when a friend asks for money? Thanks to banks giving loans literally for everything – personal loans, car loans, home loans, these days the number of people asking for loans has gone down. However at one strata of society it is possible that people come […]
Subra one does not know whether I will pop off at 45 or like A K Hangal at the age of 98. So in order to live peacefully, I need to create a serious amount of income and wealth. – So said a reader who is about 40 years of age. He also said ‘the […]
We want a swanky airport like New Delhi. We tell our friends Delhi airport is better than…..name it and it is likely to be true. However if DIAL were to levy a Rs. 350 levy on passengers, we do not wish to pay it. We want good, swanky, financial services companies – mutual funds, […]
When the government by a fiat says that you need a license to do something, the government (deliberately and knowingly) creates a vested interest. Government of Maharashtra gives a taxi permit / auto permit. So if I qualify as a driver, I should be able to go and pay a small fee (say Rs. 5k) […]
The savings bank account is a place where most of us leave a lot of balance. This is more by habit and inaction rather than any design. Traditionally all banks paid interest on the MINIMUM balance – by some stupid definition – of balance between 10th and 30th. It was difficult to calculate the correct […]
Many people go to the gym – and one associated expense is the Personal Trainer. Do you go to they gym? Do you feel the need for a Personal Trainer? Let us look at the cost of going to a Gym. Annual Fee: Rs. 35,000. And a Trainer should cost say Rs. 6000 a month. […]
I normally do only subject matter training. This is capital markets, financial planning, etc. etc. However some of this spills into a sales / attitude training too. In the sense that people ask me ‘If the client says….what should I say?’…I realise that selling life insurance or mutual funds is a really taxing and difficult […]