Tracking ones net worth growth is super important. Why? Net worth growth is Important for individual investors (small and big). But do we know about how to calculate net worth? Mostly No. Suppose you have bought a stock, how many times in a week you check its price movements? Many. Generally we get too carried away…
Lets see what does the amazing Rule of 72 indicates in investing money. The rule of 72 is one of the easiest to remember rules of investing. This rule does not tell you which stocks to buy, but will surely help you to discover a different aspect of investing money. I will give you some…
New investors mainly confuse between real estate or stock market, as which is better? They are left wondering about different between various investment options available for investing. Here we will analyse both. From time immemorial, we have been told that surplus money should be invested in an instrument that will augment it. The safest bet,…
What are stocks all about? Why they are often seen as a complicated investment? Is it really complicated to buy and sell stocks? For sure, investing in stocks is not as simple as buying a fixed deposit. Why? Because fixed deposits are fixed return investments, and stocks do not give fixed returns. Stock’s returns could be…
I have been budgeting and tracking my expenses since last 8 years. There has hardly been any expense that has went unaccounted in these years. I love to keep my accounts absolutely updated. The best way to do it by budgeting and tracking all expenses. In last few years I have used many expense tracking software….
This report will highlight a salary that can buy home in top Indian cities. We all like to have a property in big cities, right? But this is tough, as property price in these cities are sky high. People who live in cities like Mumbai, Delhi, Bangalore etc know how expensive can be a residential property….
Financial genius are not the ones who knows everything about finance. Financial genius’s know the ‘right things’ People who have become very successful in money making knew the right things about finance very early in life. Even common men can grow and become financial genius. Handling money is in genes of humans. Riding a bicycle…
Where to park money idling in savings account? Savings accounts offer to low interest. Better is to invest it elsewhere. Where do you keep your savings? Majority do it in savings account. What are the alternatives available? Recently I came across a friend who works as a priority manager for a Bank. He handles variety…
It sometimes puzzles me that why do credit cards offer rewards. Customers like you and me can pick and choose credit cards based on suitable rewards they offer. Once we have a credit card that offers rewards, we can go around swapping them in our purchases. Suggested Reading: Utility of credit utilization ratio explained with…
If we have a credit card & we do not know how to use credit card it’s a problem. It is like not-knowing how to use a knife. To cook food use of knife is essential. But knife can also injure a person if not used properly. Similarly, improper usage of credit card can cause…
How many live life completely dependent on their monthly paycheck? Not surprisingly, 95% of all salaried people live a paycheck to paycheck life. Why it is so? Because salary (paycheck) is a very assured form of income. But on downside, it makes people complacent about their financial security. Salary income is assured only till one’s doing a job. If one…
It is amazing to note that how rich get richer. Every passing day, they seem to get even more rich. How does this happen? Standard of living of millionaires is what attracts us the most, right? Millionaires have lots of excess money. But the way they lead their lives attracts us the most. It will…
