Uncle Scrooge from The Duck Tales had a tower full of golden coins just so that he could swim in them. His miserly ways made him rich beyond his dreams, and yet he remained miserly. We’d all love to have enough money to swim in. But, Uncle Scrooge belongs to a much earlier time, and… Read More »
The Great Indian Rope Trick. A cute yet annoying thing we’ve had to hear whenever anyone from across the pond spoke about India in the same breath as “things back home”. You’d think they were talking about the 1900s. Yet, here we are in 2015, doing exactly that. The Great Indian Rope Trick. Only, we’re… Read More »
They say all is fair in love and war. Marriage often ends up falling in both categories. Sometimes the war is just a big part of love. But the war over finances can very easily turn ugly if the partners don’t match when it comes to their attitudes towards financial planning. Here’s a couple that… Read More »
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 »
You know what they say about a myth: The myth is dead. Long live the myth! Here are 3 myths that seem to have survived the Great Depression, the swinging sixties and dotcom noughties. YOU MAY ALSO WANT TO: Calculate your long-term returns with our Compound Interest Calculator or your retirement savings with our Retirement Savings… Read More »
Amitabh Bachchan might be in trouble for endorsing Maggi, but we still trust him. After all, he asked us to get checked for TB, made sure every kid got Polio drops and told us to have Chyavanprash every day. These might not have been our favorite activities, but we still trust the Big B. He’s… Read More »
Women save a larger share of their earnings, but they will likely still be worse off when they retire because they earn less and spend more. This was a telling insight reported by ADP, a US-based research institute. If this is the case with one of the most developed nations worldwide, can it be very… Read More »
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 »
Managing your finances are equally important as earning money is. Let us see how we can make the most of out of our existing funds by following these best financial habits: Save less but save regularly: There is famous proverb “Many a little makes a mickle” means many small amounts accumulate to make a large… Read More »
The Iyers had a simple formula – If they earned Rs. 100/- whether Raghu’s salary or Radha’s freelance income Rs.30.00 went towards investments. Of this – Rs.10 went to long term saving, Rs.10 went to short term (1-2 years) needs and Rs.10 went to build an emergency corpus. After a couple of years they had… Read More »