Do you live to work or work to live? If you haven’t asked yourself that question yet, it’s time you do! Show of hands for a life of ‘quality’ over a life of ‘quantity’ – we saw your hand go way up high!
In today’s world of high salaries and even higher burnout rates, it is not uncommon to find people quitting a formal corporate job by the time they are 40 or 45. That is losing out on a potential 15 to 20 years of regular, reliable income. Is this everyone’s cup of tea? May be, or… Read More »
It was a busy morning for Prakash Chadda, as the month end was nearing. Files were piled up on his desk. Chadda was hunched over a bunch of papers with a magnifying glass held really close to his nose. He was a detective of a special kind. Prakash Chadda was the credit manager of home loans… Read More »
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 »
Columbus might have confused America for India, but we had more in common with the then Red Indians than we have now with today’s Americans. We’re not referring to the whooping and dancing of course (that’s racist!). Jignesh, a software engineer, moved to the US and found it very tough to adjust to the vast… Read More »
Sunila walked out of the debt counselor’s office in a pensive mood. She had accompanied a close friend of hers for moral support. Her friend Divya had actually opted for the services of a debt counselor having run into some financial trouble and some pending loan dues.
As a senior citizen, while safety of capital is of paramount importance, don’t forget to take into account the tax factor. Taxes can actually erode the value of your returns. Also another black hole to watch out for is inflation. Many seniors opt for the security of assured returns and end up finding that the… Read More »
As you plan for retirement, your portfolio should consist of a range of instruments (equities, mutual funds, bonds, debentures, property, gold) depending upon your objectives and risk profile. Remember that the older you are when you start to save towards retirement, the harder it becomes. Also, with falling interest rates and increasing volatility in the… Read More »