The concept of affordability states that a thing is affordable if its cost is lower enough for us to buy it. Please note the underlined… Read More »The Concept of Affordability: Managing Personal Finance
When one first starts to feel the need for a personal finance overhaul? It does not happen while just starting in a job. The need for organizing finances creeps in… Read More »Organizing Finances: 7 Steps To Put-In-Order Our Personal Finance
I’m a firm believer of the concept of tracking all expenses. If financial independence is the ultimate goal, then tracking expenses is first step which… Read More »50/30/20 Budgeting Rule – Follow this rule to build an expense budget
“What is the need of money management; after all we earn money only to spend it one day”. I was trying to be ironic. But… Read More »Money Management: How Common Men Should Handle Money?
There is an interesting report of World Bank on consumer spending habits of developing nations. It also gives detailed numbers on where do people spend… Read More »Consumer Spending: Where do people spend money on? Spending Habits [India]
Why do we pay taxes? The tax paid by us becomes a receipt (income) for the government of India. They use the receipts to fund… Read More »Why Do We Pay Taxes? What Does Government Do With Tax Money? [India]
If you want start your expense tracking from today, you’ve landed on a right page. Here not only you will learn about expense tracking, but… Read More »Expense Tracking: Use Excel to Budget & Track Expenses [Start]
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… Read More »Benefits of Budgeting and Tracking Expenses
Why I say that there is a catch behind Rs 5 lakh tax free income? Because everyone is not going to get the advantage of… Read More »Budget 2019: The Catch Behind Rs 5 Lakh Tax Free Income
Income and expense tracking is necessary to keep ones money management in control. Money management means what? It deals with spending money wisely in accordance… Read More »Income and Expense Tracking using Mobile APP
What is your daily expense? Have you every tried to calculate the quantum of it? How to calculate daily expense? Realisation of the quantum of… Read More »How to Calculate Daily Expense for self?