Family Finances

5 Sketches, 5 Posts & 5 New Year Gifts

Happy New Year to You & Your Family - have a fantastic 2015. These Sketches are from Carl Richards book "The Behavior Gap" - simple ways to stop doing dumb things with money. This is by far the most interesting personal finance book that I have read. There [...]

When you die without a WILL there are many hurdles which your  family had to go through for claiming the legacy. Worse if any dispute arises then they can be deprived of those assets till the disputes are resolved. Many a times such disputes drag [...]

Read this before you take Education Loan & comparison

30-35 years back, my uncle got selected in IIM Ahmadabad but unfortunately due to financial constraint he was not able to join. Then he dropped plan of higher studies & joined some PSU at junior level. Few years back his son got selected in good [...]

What information to disclose & hide at office

A very strange thing happened recently. I was attached as a financial planner to Mr. X for around a year. He called me and said that he is out of job and wanted to discuss few things. I fixed up a time with him. What [...]

Understanding Financial Infidelity – Symptoms & What to do…

Wikipedia defines, “Financial Infidelity is the secretive act of spending money, possessing credit and credit cards, holding secret accounts or stashes of money, borrowing money, or otherwise incurring debt unknown to one's spouse, partner, or significant other.” In Indian context compulsive shopping, wining or dining [...]

It was the first Union budget of the new BJP led government and an important one as there are high expectations from people of all quarters that the government is going to kickstart the Indian economy, create jobs and bring all round development. The budget [...]

SmartPhones are making us Dumb – Financially & Mentally

I went to a restaurant for dinner yesterday. When I had a look around, most tables were occupied by families, friends and couples. There was one thing common across all tables – Smartphones. Most customers kept fiddling with their smartphones be it surfing, messaging, social [...]

6 Financial Lessons that you must learn from Narendra Modi…

Media has brought to something called the NAMO-Fatigue by making adventurous coverage on how he sold tea at stations, how he spent his youth in Himalayas, how he eats ladoos from his mom’s hand, how he performs pooja at ghats, how he make fun by [...]