How important is PPF as an Investment?
Update: The world has changed in the last few months. COVID-19 has made us reconsider our options. We need security as well as growth when it comes to our personal…
Update: The world has changed in the last few months. COVID-19 has made us reconsider our options. We need security as well as growth when it comes to our personal…
We often set ambitious goals. We start out with great vigor and then after a couple of months, life catches up. When this happens, there is often that nagging…
Often, sitting in India, we wonder how cheap things are in the US or vice versa. Let me give an example. Iphone SE base model costs only $499 in US (source: Amazon ). It costs Rs. 36,000 in India (source: Amazon ). I used to think, you just need $500 to buy an Iphone in US, why does it cost so much in India?
I live in India. We are a heavily taxed country. The worst bearers of this tax system is the salaried class. Of the limited avenues available to save tax, Public…
This post is inspired by the book "The Richest Man in Babylon", which is one of my favorite personal books and an all-time classic. This is the story of Dabasir.
Needs are purchases that we need to survive/lead a fulfilled life. Wants are purchases that we can do without and they generally serve as a status symbol. These purchases are also the ones that do not create any lasting value.
Very often, we start new on new goals. We start with great vigour and follow through the entire routine with utmost reverence and then, Life catches up. We get busy.…
Spend less than you earn! If you want only one personal rule that you want to follow, this is it. Spend less than you earn! It is the most important rule of personal finance.
Most of us are in the quest for finding the perfect formula/recipe/secret for success. We try multiple options to gain that ever elusive success. However, 80% of success is just showing up. Most of us have heard the stories of how geniuses are made. They are said to have put in almost 10,000 hours before they have any significant success in their field. Perseverance is the key word.
The journey of a thousand miles begins with a single step - Chinese philosopher Laozi.