Going away from the routine, doing something different is energising. It’s recreational. I have not come across a single financial plan where we have not provided for Travel & Holidays. Everyone loves to Holiday. We have planned budgets for many holidays for our clients – domestic travel, Europe tour, World Tour, Travel for World Cup, […]
If I have to travel down the memory lane, I would say my mother had a sanguine relationship with money. Most of the time she used to just hoard cash in her many small – one zip purse at many places in cupboards, suitcases, different big purses. Her story is very different – she was […]
In the first part of this conversation we looked at the concept of money memories through a book excerpt. You may read it here. Picking up from where we left off, I want to continue by saying that when you analyse something and understand how it works, it works better for you. This applies to […]
As your child steps into his teens and acquires a social circle, his financial demands will increase significantly. It’s not easy being a teenager, but being the parent of a teen is probably worse. It’s the time when raging hormones, spending urges and an overwhelming sense of entitlement turn your teen into a materialistic monster. […]
I started reading books about financial life planning some years ago. Reading leaves me with fond memories. Memories impact the way I navigate life. Money memories are a vital part of our life memories. And memories of money from our childhood influence the way we take financial decisions as adults. This is natural. Our experiences […]
It’s not talked about often. It’s hardly ever noticed. But it’s there. And it’s vital. The role a man plays behind a woman’s success needs to be mentioned. A lot has been written and analyzed about the investment persona of women. What she does? Her relationship with money. How she manages it? are women interested […]
Both can co-exist – A successful working woman and a doting mother… it’s all about being there for everyone and having the strength to make timely sacrifices, even compromises, in order to make everything perfect and keep everyone happy. I have noticed that most of my well educated female friends who were also doing very […]
In the early part of this decade, taking a home loan and putting the money in real estate was considered a lucrative avenue of investment, considering the double digit returns that real estate was delivering to investors and the tax savings on home loans. However, things have changed since. Demonetization and a structural slowdown on […]
Instead of starting a random SIP in a mutual fund, based on past returns or the flavor of what’s in at the moment, financial planners now suggest investors tag their SIPs and investments to their long-term financial goals. Understanding investment goals Every investors could have some life goals that they need to reach in the […]
In terms of size of the economy with a GDP of $2602 billion, India became the 6th largest economy in the world in 2017. It surpassed France. In fact, according to a report by PWC India may also surpass the United Kingdom to become the 5th largest economy in 2019. Factors such as strong demographic […]