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 […]
For those of us who want to take care of our financial futures but aren’t investing pros, there are plenty of pitfalls. To help steer you on the right path, I’ve put together some of the top investing mistakes that we see on a regular basis… and how to avoid them: PAY TOO MUCH ATTENTION […]
India’s oldest private sector mutual fund schemes can teach us a thing or two India’s oldest private sector mutual fund schemes turned 25 this month. By any yardstick, these funds have delivered impressive returns, with Franklin India Bluechip compounding investors’ money at 20.45 per cent and Franklin India Prima earning 19.67 per cent since inception. […]