Archive for the ‘Money’

  • Your money, your fault>
    0
    Your money, your fault
    It was two weeks to the date when I was involved in what was a very stimulating conversation about money (and at times, the lack of it). Money is one of the last things I want to discuss with anyone since it’s a potential landmine, it’s such a touchy topic and so prickly. Some discuss it freely and with ease while others bristle upon a raw nerve being touched, but against all logic I decided to dive in head-first this time and discuss things candidly. Talk veered from how money was so invigorating in our twenties to how it is a cause for worry now, and inevitably we talked about our financial state now as opposed to those times. Personally, I’m making less (much less) than I was back then as a corporate suit that smiled and shook everyone’s hands through gritted teeth but conversely  [...]
    at August 25th, 2010 at 12:08 am
  • Learn New Skills to Improve Your Financial Resilience>
    0
    Learn New Skills to Improve Your Financial Resilience
    On our path to building financial resilience, it’s important to learn new and alternative personal skills. In an economy like this, our ability is one of the best assets to invest in. I admit this is easier said than done. However, the more specialized skills you have, the more indispensable you are, and the higher compensation you receive. Here are few things you can do to sharpen your skills: If you are still in school, learn things outside your educational premises School is the time when you can spare some hours learning new skills by joining some course or coaching classes. You can take up a part time job, go for internship, join summer camps, interact with more people, and try to learn as much as you can from your experience. Take Up Skill Building Jobs Instead of simply taking up job  [...]
    at August 16th, 2010 at 01:08 am
  • Living Like a Drug Dealer is Much Better>
    0
    Living Like a Drug Dealer is Much Better
    Living life like a drug dealer doesn’t necessarily mean you have to consume drugs. One of my friends is into this business and he earns much more than he needs for his survival. However, he is happy giving away a major part of his earnings to charitable organizations, and lives life moderately. Only by understanding and adopting certain principles, he managed to have a cheerful life. Let’s see whether any of these can be useful to us. You Can Get Anything But Not Everything He has enough money to buy anything he wants. But buying everything is certainly not possible. Similarly, we too cannot have anything. Always, in life, we would come across multiple choices to choose from. However, taking all the paths is not possible. You have top choose any one. Don’t Bother About Others Most of  [...]
    at August 11th, 2010 at 03:08 am
  • Whoever Said ‘Money Can’t Buy Happiness’>
    0
    Whoever Said ‘Money Can’t Buy Happiness’
    We have heard it many times, but whoever says it is either very poor, or very wealthy. Poor says it because they aren’t able to get more money. Most of their trouble is due to money. Don’t you think money wouldn’t be able to bring happiness in their lives? Most certainly, it would. On the other hand, the super rich doesn’t have to worry about things. They have enough to give $1,000 charity every month, buy a new car as soon as it is launched, and still left with lots. If they have to take a bus to workplace every day, get irritating creditors calls, and pay credit card bills with penalties, when all they are left with is $200 to meet all the monthly expenses, they would know what real problems are. They simply tell you this because they want to be one of the ‘middle  [...]
    at June 18th, 2010 at 03:06 am
  • Simplifying Savings>
    0
    Simplifying Savings
    One of the main causes of recent economic crisis in our country was that we did not have the habit of SAVING. Whenever we had money in our hands, we would instantly spend it, without thinking about the future or our financial position. We were all used to being highly dependent on credit cards and used to spend more than we actually had to begin with. Let us forget about all the mistakes we made earlier, and now start afresh. So, in the present situation, each one of us is aware about the importance of savings in today’s life. The importance of savings has been clearly established, but one question keeps hanging above our heads, like a ticking pendulum. HOW CAN I SAVE MONEY? Here are simple ways to do it. 1.      KEEP A TAB Note down all your expenses in a journal. List it according  [...]
    at June 10th, 2010 at 01:06 pm
  • Practical Money Management Tips For College Students>
    8
    Practical Money Management Tips For College Students
    People go to college to acquire professional education and give their career the much-needed boost. Most of them, however, involve in things that shatter their dreams of becoming a successful professional. One amongst those things is managing their funds poorly. Though they don’t have many sources of income except for their parents, they try to get money from every possible source to enjoy days of freedom, without knowing the consequences of not repaying it. One of the major effects of it is ruined credit score since the beginning of their career. Let’s discuss few money management tips for college students that would definitely reduce, if not avoid these consequences. 1.    Cut Your Credit Cards Seriously. Take a scissor (thick one), pull out all your cards from your wallet and cut  [...]
    at April 22nd, 2010 at 05:04 am
  • Personal Finance Tips in a Nutshell>
    0
    Personal Finance Tips in a Nutshell
    As mentioned earlier in many of my earlier posts, I have learned lots on my journey from debt laden to debt free life. Hence, I decided to share my experience, learning, and personal finance tips, through this blog, to people around the world. Here are few things I would like to share, a must-read for all personal finance readers. This is a list of conclusions I have derived, which might help you to learn more about our attitude toward our finances. You don’t really have to spend money to learn personal finance management. Those financial products like money saving software, budgeting DVD’s, a kit of personal finance tips, etc. are all useless. Although I have suggested debt consolidation companies in many of my articles, I think that’s a waste of time too. If you aren’t an idiot,  [...]
    at April 12th, 2010 at 01:04 am
  • Money Management Tips for Women>
    6
    Money Management Tips for Women
    Many women hand over their financial responsibilities to their spouse or some other person. This leads to quite a miserable situation during divorce or death of their spouse. Why don’t women take an active interest in their finances and be prepared for any  tough situation of their lives? Here are few money management tips for women to stay independent and self-reliable. Don’t take the risk to rely on any individual, like you boyfriend or souse, when it comes to finances. Start learning about how to manage money, do it yourself investment guides, self savings, etc. One of the most important money management tips for women is having a financial goal. This goal helps them to take control of their earning, expenses, investment, etc., and actively manage them. Don’t rely on money either.  [...]
    at April 8th, 2010 at 03:04 am
  • Easy Ways to Get Rich Quick>
    8
    Easy Ways to Get Rich Quick
    Though I have always been against ‘get rich schemes and tips’, I have been receiving numerous emails asking the much-repeated question ‘how to get rich quick.’ Earlier, I had posted many articles on investing in 401k savings, CD’s, savings account, stock market, real estate, and gold. These tips, however, ensured a steady income rather than quick riches. This explains the bedlam of people wanting to earn money overnight. Not anymore. Here is a list of things to do to earn money instantly. Stock Market Speculation We all know stock market is a place to earn a fortune. You just need to invest in right companies and at right time. Remember, every big company once started small. Find an emerging company in a booming sector, and invest in it. Buy Property Housing prices are definitely  [...]
    at March 29th, 2010 at 04:03 am
  • Money Hiding Places at Home>
    6
    Money Hiding Places at Home
    Talking to one of my insane friends, I realized the importance of keeping some money at home. While he wanted to hide some money from the zombies, they exist according to him, I wanted to stack some cash in order to avoid an redundant trip to the ATM. After reading some articles on the web, to find places to hide money, I realized human ingenuity is boundless. People bury their cash in their attic, in the toilet paper roll, in the cookie jar, inside the i-beam, in a water-proof jar buried in the backyard, and inside many cans placed elegantly in the pantry. However, I wonder if they can recover their cash before zombies get hold of them. Now that you know numerous places to hide your money, you have to derive a plan. Dumping all your cash at one place, say in a jar, definitely provides you  [...]
    at March 4th, 2010 at 01:03 am
Page 1 of 3123»