Balancing is the Work

My New Book – What Early Readers Say?

“If there’s a book that you want to read, but it hasn’t been written yet, then you must write it.” Toni Morrison Releasing my new book Balancing is the Work, To Live a Serene Life in the Extreme World, today on Amazon. At my 50th birthday dinner, my son (25) asked me what one piece of advice would I give him? I couldn’t answer as I had many … Continue reading My New Book – What Early Readers Say?

Middle Class & Money

Money Basics Middle Class Needs to Master for a Good Life

Upper classes are a nation’s past; the middle class is its future. Ayn Rand The irony is middle-class earners are busy earning money and aspiring to become rich. In the process, they just ignore the very process to enhance their financial wellbeing. We were not taught financial literacy in school. It takes a lot of work and time to change your thinking and to become financially … Continue reading Money Basics Middle Class Needs to Master for a Good Life

Investing in Uncertain Time

Why Is Gold Not The Safest Investment in Uncertain Times?

When it rains earth, mountain, lawns, and bridges all get wet. The value of shelter goes up. Similarly, in times of Warmongering and actual war, the performance of national economies, private companies are affected as the risk increases. The value of the unaffected metal Gold goes up. We live in fickle times. Things change overnight. A terrorist can attack twin power and the world become an unsafe place. Nuclear … Continue reading Why Is Gold Not The Safest Investment in Uncertain Times?

Money Literacy

Isn’t Buying Unwanted Things a Social Crime?

Scene: INT: Pavilion Mall in Pune – 1st Jan 2020, Eve. Several mega-brand stores were witnessing encouraging footfalls. We visited a couple of stores.   There were plenty of products and brands on display. Most of the products we never used were attractively placed. It was tempting to buy several of them. We didn’t buy any but decided to buy some of them as and when the occasion … Continue reading Isn’t Buying Unwanted Things a Social Crime?

Financial Illiteracy

How Can Financial Illiteracy Keeps You Slave Forever? Real Life Casestudy

“We were not taught financial literacy in school. It takes a lot of work and time to change your thinking and to become financially literate.” Robert Kiyosaki This is a classic case of how financially prudent decisions can change your life forever. Here is a family of 3, a couple and a young son just turned 20. Both husband and wife, in their early 50s, … Continue reading How Can Financial Illiteracy Keeps You Slave Forever? Real Life Casestudy

LIC Policy

Why Shouldn’t You Escape From Life Insurance?

Life is uncertain. Death is certain. There are family members dependent on you. Your death can make them vulnerable if they are not financially secure. You have still not achieved the level of savings required for a comfortable lifestyle after retirement. In these circumstances, Life insurance is the only investment that can rescue your family from financial distress. There is a famous quote that aptly … Continue reading Why Shouldn’t You Escape From Life Insurance?

safety of Money

Nothing is Safe, How to Minimise the Risk?

“College graduates spent 16 years gaining skills that will help them command a higher salary; yet little or no time is spent helping them save, invest and grow their money.” Vince Shorb, CEO of the National Financial Educators Council Karvy is pledging customers’ shares, PMC bank joining hands with the fraudulent borrower, DHFL lending recklessly to builders. Many such companies in the financial system thrive and defraud every now and … Continue reading Nothing is Safe, How to Minimise the Risk?

Best Owner

Are You the Best Owner of Your Business?

Mergers, acquisition, sell-off, buy out and takeover are common with large businesses and start-ups. Every now and then we read this news. However, there is no such large market for SME businesses. Selling a business is a good option in several circumstances. Holding on to it for emotional or non-strategic or non-financial reasons is not a good decision. A simple one-liner is when you can’t … Continue reading Are You the Best Owner of Your Business?

Asset Allocation

Do You Know Asset Allocation is the Key to a Successful Financial Planning?

We all know putting all eggs in one basket could be dangerous if the basket goes bust. Similarly, keeping all your savings and investments in one class of assets could be either risky or would not give a reasonable mix of return. There are several classes of assets available for an individual to park their savings.  Some are risky, some are safe, some are reasonably safe, and some … Continue reading Do You Know Asset Allocation is the Key to a Successful Financial Planning?

Safest Investments India

The Safest Investment Schemes You Need to Know

PMC Bank scam and many such scams that sprung up every now and then have shaken the trust of the depositors in the financial system of the country. But the scenario is not that bad. There are various safe investment options available to investors. One of the safest and trustworthy institutions of the country Post Office offers several investment schemes for the depositors and savers. … Continue reading The Safest Investment Schemes You Need to Know

Stock Investing

The Easiest Way to Pick-up Stocks for Long-Term Gain

Investing in the stock market is a painful experience for most of the investors. The market like a pendulum can change the fortune either side. We invest by tips, news reports, friends’ recommendations, expert recommendations, our own analysis, on gut feeling. We invest in turnaround stocks, best performing stock, dark horse and on technical charts. Yet most are struggling to make money, some could change … Continue reading The Easiest Way to Pick-up Stocks for Long-Term Gain

Financial Literacy

Your Financial Literacy Without This Is All Useless

One of the important roles of financial literacy is to know when the money is enough and when to stop pursuing money. Those who think devoting life to earn money till the body works are not only financially illiterate but also life illiterate. The purpose of life is not to earn money, exploit the body in the dedication of earning money, suffer, and die. The money is … Continue reading Your Financial Literacy Without This Is All Useless

How to become rich

How to Become Rich With Less Income

Becoming rich is a dream. Is it your dream too? Becoming rich and building wealth is possible even if you earn less.  Earning more is not necessary to become Rich. Saving regularly is the key. Rs. 1,000/- invested monthly for 21 years at a 12% rate of return, becomes Rs. 11.40 lakh Rs. 5,000/- invested monthly for 21 years at a 15% rate of return … Continue reading How to Become Rich With Less Income

Investor Complaint Redressal

Investor Grievance Redressal – What You Need to Know

PMC Bank depositors are struggling to solve their problems. Godwin Jewellers investors are worried. There are several such companies and banks which fail from time to time. Gullible investors/depositors lose their hard-earned money. In the 90s it was IPO scams, and plantation companies robbed investors. Every now and then the comes promoters who shake the system and benefit out of its inefficiencies. The Govt is doing … Continue reading Investor Grievance Redressal – What You Need to Know

Personal Finance

A Short Post on Personal Finance for Quick Understanding

Once I was with my client at a coffee shop in the 5-star hotel. I was asked about my coffee choice. Out of the multiple options , I was not sure what to order so I left it to the client. I thought when we had only two options of coffee i.e. filter coffee, and Nescafe life was easier. With the arrival of Starbucks and … Continue reading A Short Post on Personal Finance for Quick Understanding

Business Growth

Do You Know You Are One Of The Hindrances To Your Business Growth?

“Only the paranoid survive.” Andy Grove, former CEO of Intel Every entrepreneur is out in the market to grow his / her business. Once you wear a hat of an entrepreneur, your vocabulary has some fixed words like capital, payment, customers, deal, business, growth, loan, market, marketing, and sales. Check what you speak every day and on every occasion.  You become a 24 X 7 entrepreneur. … Continue reading Do You Know You Are One Of The Hindrances To Your Business Growth?

Wealthy

Do You Know You are Wealthy Without Your Knowledge

Do you know the precious wealth you possess? Many people are ignorant about the priceless wealth they possess. If you are also one of them, read on to know more. Do you determine your wealth only by monetary measurement? If your answer is yes, you need to quickly redefine your definition of wealth. Wealth has many dimensions. Henry David Thoreau, an American Poet, and Philosopher … Continue reading Do You Know You are Wealthy Without Your Knowledge

Economic Slowdown

Do Not Participate In The Economic Slowdown & Stay Happy

“The curious mind embraces science; the gifted and sensitive, the arts; the practical, business; the leftover becomes an economist” Nassim Nicholas Taleb The number one thing is to keep hope. There are 7 bn people in the world. They are consuming for their survival.  There are renowned economics and Governments working to avert a sustained downturn. Therefore, any downturn will end sooner than expected. All gloomy scenarios … Continue reading Do Not Participate In The Economic Slowdown & Stay Happy

Wealth Quotes

24 Wealth Building Expert Quotes You Can Learn From

“The wisdom of the wise, and the experience of ages may be preserved by quotation.” Isaac D’Israeli “Wealth consists not in having great possessions, but in having few wants.” Epictetus “Rich people have small TVs and big libraries, and poor people have small libraries and big TVs.” Zig Ziglar, Author & Motivational Speaker. “Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual … Continue reading 24 Wealth Building Expert Quotes You Can Learn From

Early Retirement

Why Do You Need To Go To The Work Tomorrow?

Many people like to retire early and many do not like to retire till death.  The single most important condition to retire at 40 is to have a desire to retire at 40. Many people who have enough to survive for a couple of generations are not retiring at 70. They keep working and work for money until their body says no. Some people are so … Continue reading Why Do You Need To Go To The Work Tomorrow?