Personal Finance
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A Will Can Prevent the Fight You’ll Never See.
He thought his family would know what to do. When he passed away, the family had the assets—but not clarity. Who gets what?Who decides?What would he have wanted? A Will could have answered those questions while he was still here. A Will is not about death. It is about making your wishes clear while you… Continue reading
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The Financial Literacy Gap: What Every Indian Is Missing
Priya earns ₹2 lakhs/month. Saves ₹30k monthly. At 45, she has ₹25 lakhs. Then: Job loss + medical emergency + daughter’s college fees. Her “savings” is gone in 10 months. She wasn’t taught financial literacy. She was taught to save blindly. The 7 Missing Elements: 1. Emergency FundNot ₹50k in savings account. Need 6 months… Continue reading
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Your Salary Grew. So Why Does It Still Feel Tight?
Arjun earns ₹2.2 lakh a month. He feels broke. Not because he spends badly. Because every time his salary grew — his life grew with it. Automatically. Silently. Completely. Economists call it hedonic adaptation. Arjun calls it normal. The problem is not the spending. The problem is the spending happens before the thinking does. Watch… Continue reading
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Who will handle after you?
It started with a simple question.“Do you know where all the investments are?” The room went quiet.Not because there was no money.There was enough: savings, insurance, mutual funds, a house, and a few fixed deposits.But because only one person had ever really known everything.And he wasn’t there anymore. Until that moment, life had felt secure.Bills… Continue reading
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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… Continue reading
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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… Continue reading
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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… Continue reading
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A Short Post on Personal Finance for Quick Understanding
Once I was with my client at a coffee shop in a 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 Nescafé,… Continue reading
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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… Continue reading
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High Financial Risks You Need to Know for Your Family
“Failing to plan is planning to fail.” Alan Lakein Yes, failing to plan the risk management puts you and your family at high financial risk. Risk Management is usually not considered a part of Financial Planning. It is a big mistake. Risk Management is not about the risk of investing in risky investments. It is about… Continue reading
