When you’ll Google the term “become debt free“, the search result will also display a query: “is it good to be debt free?“ This dichotomy related to debt has remained since ages. Why? For Banks, NBFC’s, government, and employers – loan (debt) strapped, EMI paying people are an asset. Hence they publicise debt as a…
Before this incident I never heard of a home construction loan. One of our colleague was constructing a home for himself. In this age of rapid urbanisation, he decided to construct a home, all by himself. He had set a lavish plan for himself. He was planning to construct a really nice home. We were…
If I can learn to emulate how Warren Buffett thinks, it’ll pave a path for success in all aspects of life. Who is Warren Buffett? Warren Buffett is not just a name. It has become a brand-name for investment. Almost everyone has heard this brand. As a person, Warren Buffett is Chairman and CEO of…
If you want to start your expense tracking from today, you’ve landed on the right page. Here not only you will learn about expense tracking, but you can also download a tool to start doing it today. What is this tool? This is my budgeting and expense tracking Excel-based worksheet. It is a unique tool…
Experts write billion words about investment. But it is surprising that how little is written about how to save money (comparatively). In fact, it is hard to find a comprehensive guide about “savings” on internet. But on the other side, the topic of investment is widely covered. It is true that investment of money is more…
Stock market moves in cycles (up and down). Falling prices are almost a daily routine. So, in backdrop of this fact, what is a stock market correction? When stock market index falls by -10% or below, it can be termed as a “correction”. Stock market corrections are frequent, or it is a rare phenomenon? On…
In this post you’re going to learn how to invest in share market in 2020. In fact, it’s the same process which I still use to invest in best shares. Why I call it as absolute guide? Because this article can handhold it’s reader to start from zero and buy a first stock. So if…
You will like the investment strategy shared in this blog post. Why? Because it is simple to understand, and also useful. Why simple? Because you can visualize all steps involved in the process of investing. Why useful? Because its simplicity will trigger you to start investing from today. [Read: A definitive guide on saving money…]…
It’s been more than a decade since the 2008 financial crisis – originated in the USA. Since then, there have been several publications pointing at the causes of the crisis. The most common cause is assigned to ‘subprime mortgage’.Subprime mortgage refers to Mortgage Backed Securities (MBS), but of a very special category. We will read…
One of the most underrated activity is ‘expense management’. We tend to focus more on income generation, and less on ‘managing expenses’. Why? [Read: About an Excel based tool which can budget & track expenses] The reason is perhaps simple. We tend to give more importance to things which are harder to get. Earning Money:…
Hindustan Zinc is the 27th biggest stock in Indian stock market in terms of its market capitalisation (Rs.1,04,661 Crore). Another feature of Hindustan Zinc which makes it my favourite is it being an almost ‘debt free’ company. There are many debt free companies in India. But as Hindustan Zinc being in the metal space, staying…
There was a time in my life where I’d to spend 50% of my ‘take home salary’ on EMI for home loan. Though it was a conscious decision, but I had to live with it for almost 18 months. It was a debt trap for me. In the next phase, I paid back almost 35%…
