Category: Personal Finance

What does your “financial snap shot” look like? Check it out !

What does your “financial snap shot” look like? Check it out !

Hopefully, you have taken that all important “Single Step” from where I left you last time. If YES, it would mean that, you have filled in the  “Budgeting 101.1 Worksheets” Income & Expenditure Sheet and Net worth Sheet Despite the drudgery involved, patient budgeting is the only way to come up with a viable Life Plan because …

+ Read More

Saving is more difficult than investing

Saving is more difficult than investing

Whenever I have talked with groups of students expecting to get out of University, I am surprised at how any discussion around money quickly came down to “how can I double my money in the stock market?” and when I replied “I have no clue”, I never missed that expression on their face which basically …

+ Read More

Let’s understand where we are going with all this fluff ….

Let’s understand where we are going with all this fluff ….

“For all its uncertainty, we cannot flee the future” Barbara Jordan Click here to read more The concepts of Life Planning are so simple that, they almost seem common sense – especially to those who have been subjected to the academic rigors of medicine, software engineering or the more exotic stuff like pure math, etc. Benjamin Graham …

+ Read More

I should be brain dead to recommend “Life Planning” when the future is uncertain!

I should be brain dead to recommend “Life Planning” when the future is uncertain!

OK, I did say that the future is unpredictable and uncertain when I was signing off my last post Click here to read more So, am I downright brain dead to recommend that, you consider developing a well thought out Life Plan for yourself? But then, when did I ever say that, Life Planning involved predicting …

+ Read More

Inflation can do to your financial health what Diabetes can to your bodily health

Inflation can do to your financial health what Diabetes can to your bodily health

Understanding inflation has to be our first step when we wish to build a holistic life plan for ourselves – I say this because it has this horrible habit of sneaking up on us from the back and derailing our financial workings.  We are currently going through one such cycle in the global economy; when …

+ Read More

Beware of Buffett quoting charlatans

Beware of Buffett quoting charlatans

Some one read the post  “All is well in the equity markets – really? is it ?” ( http://rajan-ghotgalkar.com/2017/06/19/all-is-well-in-the-equity-markets-really-is-it/ ) and shot off the below comment. Quote – There is liquidity but no alternative asset to invest, which is making people invest in equity by default and they justify their decision to invest in equity on hopes. …

+ Read More