Life is an accumulation of experiences that shape how we view ourselves, our families, and our world. When we reflect on these experiences, we come to realize that our lives have been and will be permeated by change. The same is true for you as well. It is important to keep an eye on demographic, […]
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 […]