Category Archives: Budget & Savings

Provides tips on managing lifestyle and planning for the future.

How to Draw the ‘T’

 As kids, we’ve often ‘stolen’ change from our parents and pooled in the coins to share an ice-cream with our friends. There was always that one friend, to your awe and annoyance, who seemed to be able to keep track of exactly how much you owed him from months ago. Of course, as adults finances… Read More »

Credit Cards: 2 Ideal Ways to Use the Interest-Free Period

What would you do if you found a big bag of cash on the road? Grappling with all the possibilities? Well, those possibilities could be your reality, if you use your credit card on the right day. The interest-free period can be 45-55 days,beginning with the first day of the statement period (or billing cycle)… Read More »

The Tales Of Four Smart Money Movers

Ever felt like Robert Kiyosaki or Warren Buffett, who seem to turn everything they touch into a gold mine? Well, you don’t need to go that far for examples of smart investors. Here are 4 such stories of smart guys closer home. The plainly yellow farmers Did you know that farmers can take gold loan… Read More »

Making the best use of your passive income

Everyone likes a little extra in life. Be it a free topping on your favorite pizza or some extra stash of cash apart from your regular earnings. In today’s inflation-oriented world, where prices of just about everything is sky rocketing, the more one can earn the better it is. It is no surprise that families… Read More »

Paisa Wise, Rupee Foolish

My neighbour AtiBhudiram doesn’t shy away from going to city outskirts for bargain shopping. He doesn’t mind spending money on petrol to save few rupees. His wife proudly displays the clothes he has bought at such bargain prices to my wife to showcase “Neighbour’s Envy Owner’s Pride”! Atibhudiram also bought a luxury car last month… Read More »

6 worst financial planning gaffes people make

‘Luck by chance’. If this movie happens to define your investment story, chances are that it will bomb at the box office of financial success. The success of your financial planning hinges completely on the financial decisions made by you during your life. If you have left something to chance, be prepared to be handed… Read More »

How to avoid tomfoolery in the New Financial Year

March with its feverish frets and yearly targets is over. April 1st was (no, not All Fools Day) the start of the New Financial Year. So, did you make those financial resolutions for the new year? Or did you end up like Teena and Prateek? Teena and her husband Prateek, a newly-wed couple, had a… Read More »

Are Indians blowing their money away?

For young Indians, it is all about money, honey! Unlike their fathers and grandfathers who had scores of hungry mouths to feed, the Young Turk of today has fewer responsibilities and can barely look beyond their own mouth. Earning wads of money, he is literally rolling in cash. However, are Indians today making the best… Read More »

Money Management Case Study: Contingency Funds

Ram prides himself on being up-to-speed in money management. Despite his hectic office schedule, he has managed to ensure health cover, life cover and investments spread across PPF, Mutual funds, and other instruments. He met his friend Mr. Kent, who is a Certified Financial Planner. With a glint in his eyes, he placed his balance… Read More »