Why You Need to Know Two Laws of Economics Marketers Use

Daily Economics

“An economist is a man who knows a hundred ways of making love but doesn’t know any women.” Art Buchwald. You might not have studied Economics in school or College. You have studied Derivatives and Integration.  The reality of our education is most of us who have studied Derivatives and Integration never used it throughout … Continue reading Why You Need to Know Two Laws of Economics Marketers Use

Why Do Entrepreneurs Need to Save for Personal Obligations?

Indian Entrepreneurs

Story: Recently I saw a balance sheet of an entrepreneur whose business is doing a turnover of about US $ 15 mn and good profit. However, his personal Balance Sheet did not reflect any substantial investment other than his house. The loan of another entrepreneur known to me become NPA. He was making a reasonable profit for many years. … Continue reading Why Do Entrepreneurs Need to Save for Personal Obligations?

Economy, Union Budget, and Your Ignorance. What You MUST Know?

Union Budget

“Nothing in all the world is more dangerous than sincere ignorance and conscientious stupidity.” Martin Luther King, Jr. Most of us are only interested in tax rates as far as the Union Budget is concerned. However, there is more to the budget which impacts our life.  Tax rates are only a part of the overall impact. … Continue reading Economy, Union Budget, and Your Ignorance. What You MUST Know?

The Risk of Investing in Investment Products You Need to Know

Investment Risk

“Risk comes from not knowing what you are doing.” Warren Buffet Investment is a risky affair. Since it is about your money, this risk is important to understand. Here we present in brief the risk associated with different financial investment products. The Safest Investments in India: Government bonds, Public Provident Funds, all investment schemes of … Continue reading The Risk of Investing in Investment Products You Need to Know

6 Powerful Money Basics Your Kids Should Know for Better Life

Money & Kids

"Formal education will make you a living; self-education will make you a fortune."- Jim Rohn Are your Kids smart? The answer is no brainer. The present generation Kids are smart. To make them smarter parents send them a various hobby and academic classes. We are living in the world of super kids. But there are … Continue reading 6 Powerful Money Basics Your Kids Should Know for Better Life

8 Things You Need to Know to Deal With Financial Distress

Financial Distress

NPA figure in the banking and NBFC industry is exorbitant. Banks are suffering but what about the borrowers who have suffered business loss. They are facing recovery agents, social abstinence, legal battles, the stress of managing family expectations and responsibility of turning around the business. The situation is dire. People suffering from financial distress are … Continue reading 8 Things You Need to Know to Deal With Financial Distress

9 Key Financial Literacy Aspects You need to Know

Financial Literacy

Financial literacy is about how you deal with your money. This is about simple basic things about money. Financial literacy is not necessarily your literacy about the language i.e. reading and writing.  It is different. “The number one problem in today's generation and economy is the lack of financial literacy.” Alan Greenspan It is about … Continue reading 9 Key Financial Literacy Aspects You need to Know