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How to Manage Your Financial Documents

June 6, 2013
How to Manage Your Financial Documents

According to the Central Finance Ministry our Post Offices hold billions of unclaimed National Saving Certificates & Post Office Saving Bank Accounts. Do you think people don’t want their money? This is because they have lost the document which will remind them that they have money invested. And may be its not their fault also as the original investor did not record it properly and family is not aware of investment. So it is important ...

Financial Planning Infographics

May 28, 2013
Financial Planning Infographics

Rubik’s cube (puzzle cube/magic cube) has an excellent resemblance to our lives – in particular our financial lives.  It is clear that in order to solve a Rubik’s cube puzzle you need to acquire a certain skill set. The irony is that although each puzzle has one solution only, to set it straight you should have a thorough knowledge of other aspects too. In life, to achieve your goals, you need to know about both ...

Beware: Income Tax Refund, Lottery Mails etc

May 21, 2013
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In the world of internet, financial transactions are gaining momentum very fast and Internet Banking, Electronic Transfer are common to hear. Earlier there were robbers who used to steal physical money , now they are being replaced by HI-FI Educated Fraudsters who are playing the role of villain. Internet Financial Scams are fast emerging and earlier it was only there to rob big banks but now fraudsters are aiming common man as well. Now-a-days a ...

Coupon, Deals, Sale and Discount – Good or Bad for your Finance

May 16, 2013
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Who likes to get a call on a Sunday, but it was from a friend, with a news that entire clan was waiting for. Finally somebody liked him…. I mean his marriage got fixed. And as usual it was my turn now to help him in arrangements. And since I know only one kind of work i.e. shopping so I took up the responsibility of shopping with him. (just joking, he had no other choice) ...

How to Identify Companies Which Dupe Investors?

May 9, 2013
How to Identify Companies Which Dupe Investors

Hope all is fine and you have no outstanding from the Shardha Group of Cheating Companies. If yes than, my heartfelt condolences. Although the West Bengal politicians want that the residents of the state to smoke more (strong contender for case study at London school of Economics) and pay for lapses but all said and done it will be a long process by which you can get a part of your investment back. One bad ...

It is not legal for an NRI to hold Resident Saving Account or open PPF account

May 3, 2013
It is not legal for an NRI to hold Resident accounts

Moment your residential status change to NRI, there are many rules & regulation in personal finance which get applicable to you or simply get changed. Right from your bank account to the properties you may hold, all of them have different status. Most of people tend to ignore some of them; unaware that these are illegal in laws and will attract penalties. The most basic of these is saving bank account which is the starting ...

Before Buying a Car – must answer these 4 questions.

April 29, 2013
car

This writing does not have any connection with the fact that sale of cars is down for the third month in row but definitely with increase in car sales in last couple of years. Buying or replacing a car is an important financial decision. Car is considered an asset by some people… (I may not agree) because simply it adds to the show off value of an individual. The expensive it is better goes the ...

What I think about Gold Prices… Now

April 19, 2013
What I think about gold prices

These days I am getting lot of queries regarding gold & most of them start with “What should I do with my gold funds?” so I decided to share recap of what has happened in last couple of years & what I think now. In August 2011 when everyone was Gung Ho about gold – I asked TFL readers “Your views on Gold Prices” & I also shared my Views: My view is “Trees don’t ...

Your Personal Financial Plan – Checklist

April 12, 2013
Personal Financial Plan checklist

The life of common man revolves around some financial goals which he/she wants to achieve. Buying a house, Comfortable retirement, children future planning and their marriage are those primary goals which all people would like to see through. However, the limited resource that one has does not allow allocating money towards all of these, which impact some of the goals. Hence, there is always a need to plan all your finances well in advance so ...

Money vs Job Satisfaction – which is more important for you?

April 5, 2013
money vs job satisfaction

In corporate world it would be called “RAM RAJYA” (perfect rule of state) if you have both Money and Job satisfaction. But have you ever experienced it? May be yes, may be rare and majority think this is not possible. I find lot of people and career experts who preach “do what you like, money will follow” theory but does this concept holds ground? Talented people lead business that their father made for them; creative ...

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