Deepavali is just round the corner. This year the urge to celebrate and spread cheer is even stronger as the whole country is coming out of the shadows of the Covid pandemic. We were constrained from moving in large numbers or gathering in public places for 2 consecutive years. Now, it’s time to really break […]
Debt financing for business funding – What is it? Is there an alternative?
When any entrepreneur ventures out on their own for the first time, they already have a business idea in mind. They also have a small, committed team of friends/colleagues/family members to support them on the human resource front. But most new business ventures struggle when it comes to the third and most critical input to […]
Give a fresh Start to your personal finances this Dussehra
The Hindu festival of Dussehra is actually a tradition that denotes the victory of good over evil. While it calls for celebrations and is considered to be that time of the year when people take a fresh look at life in general, many also see it as an opportunity to implement the concept for getting […]
The saving habit – Key to financial prosperity
A rupee saved is a rupee earned. That is a very frequently quoted axiom by financial gurus all over the world. High net worth individuals may make their millions in several ways. But for the average working professional or business owner, achieving the right balance between income, expenditure and saving is the key to financial […]
Mutual Fund SIP vs Chit Funds – Why Chit Funds are a better bet
There are numerous financial instruments out there, vying for our attention – marketing their schemes, attractive rates of interest, repayment plans, investment returns and what not. Traditionally people looking for a loan or planning to make an investment would look no further than the nearest branch of a nationalized bank! The more adventurous kind would […]
What is an emergency fund? How much to keep aside for emergencies?
Leading a successful life is not just about how we manage our everyday normal activities and strive towards stability and prosperity. It’s also about expecting the unexpected and being prepared to face adversities. When the going is good, it’s very common for people to take their sound financial position for granted. The temptation is to […]
To shop or to invest – What to do this festive season?
Come July-August and the flurry of festivals and cultural fanfare begins all over India. In the Indian calendar, there is always a major lull between April and July in our festivities. After the various New Year celebrations in April, we only have May Day as a public holiday. After which, the next set of public […]
Systematic approach to become a multi-millionaire before you turn 40
Sounds good, right? To start with, how do we define a multi-millionaire, you may ask. A millionaire has surplus funds or assets worth Rs 10 Lakhs and above. A multi-millionaire therefore has much more than this amount. We are not talking about what you earn, but what you save after your expenses. High net worth […]
How to save money even with a small salary!
“I am just beginning my career. My monthly salary is in the range of Rs, 15000 per month. How can I manage my expenses within my means and still be able to save some money?” If this is a question on any of your minds, then this blog can help you out. There are some […]
Father’s Day is here! Let’s celebrate our first Financial Guru!
It’s rather silly to be commemorating just one day of the year as Father’s Day. After all, the stellar role that a father plays in every individual’s life is too valuable and timeless to be remembered on a single day. We learn our first lessons in compassion, discipline, hard work, responsibility, planning and management from […]