Your heartbeat, blood pressure, cholesterol all levels you keep under check. Though competitive business atmosphere makes it difficult to keep all these health parameters under your control. One business ratio though can help you to keep your above health parameters in check. Most SME suffers from a cash flow crisis. This is their daily struggle. … Continue reading CCC is the Ratio Every SME Needs to Focus On
“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
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?
Do you know you can do nothing after your death? “No one here gets out alive.” Jim Morrison Therefore, financial planning for your death must start when you are alive. It may sound unkind, but death is the ultimate future of every living being. If you plan better it is good for your spouse, if … Continue reading Why Is Financial Literacy for Women Critical?
“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?
“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
"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
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
“Rather go to bed without dinner than to rise in debt.” Benjamin Franklin Are you living in debt? Here is a post which explores a possibility to live without debt. Debt has become a part of our life. For anything and everything in life, the loan is available. If not formal borrowing, your credit card will … Continue reading A Glimpse of a Debt Free Life You Want to Live
We celebrate two birthdays. One as per the English Calendar and other as per the Indian calendar. But we celebrate 3 new years. One starts as per the Indian calendar, one as per the English calendar, and one financial year. We are approaching the new ears as per the English calendar year. One more new … Continue reading 14 New year Financial Hygiene Tips You need to know