Category Archives: Money Management

How to remain insured even if you can’t pay your premium

Imagine you are building a fortress against an unseen enemy. If you require four outer walls bordering its periphery to complete the structure, would you build only three? Or, would you suddenly stop building the fortress and instead start focusing on a guesthouse inside it with the intention of selling it later? More ironically, would… Read More »

Have you covered yourself?

  One of the most memorable scenes in the movie Titanic is when Jack Dawson sketches a portrait of Rose in the buff. While Rose did not need much cover, you do. Insurance-wise, that is. Many people take a cover that they can afford. Some people take one which they assume as enough for them.… 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 »