How much money is needed to be financially independent in India?

How much money is needed to be financially independent? It depends primarily upon your lifestyle needs and financial goals. Someone with an extremely frugal lifestyle and no major financial goals would need less. For someone with an extremely lavish & flashy lifestyle, nothing would suffice.

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10 reasons why people take personal loans

Running short of cash and the need is immediate? Dan’t worry, there is always a personal loan in the offing. Personal loans are, of late, not too difficult to access if you have a relatively stable source of income. In fact lot of banks & NBFCs have made a good business out of selling personal […]

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10 lifestyle traps that you should be wary of

Chasing lifestyle may be good for your self esteem, but chasing it indiscriminately without worrying much about your finances can soon put you on the road to financial doom. Unfortunately, this can happen even if you have lot of money to begin with. It is not uncommon to hear of celebrities occasionally going bankrupt. Isn’t […]

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Chasing partial financial independence

Partial financial independence is a life stage wherein your investments can take care of your basic day to day expenses, but this amount is way short of what you may need to take care of your expenses over your lifetime.

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How to make best use of credit cards in India

Credit cards can be an amazing tool to manage your finances, get good deals and some excellent rewards. All you need to do is understand some credit card hacks and be on lookout for deals! However, before starting on how can you make the best use of credit cards, you need to be sure if […]

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Expenses that can set your financial plans back

It is good to have a financial plan. It enables you to have financial resources ready when you may need them. At the same time, it enables you adapt your lifestyle in alignment with the desired goals. But the ride is not always as straightforward as the excel sheets with projected expenses & rate of […]

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Are you in a virtual debt trap?

Have you ever been in a situation where you have savings to buy something, but choose to buy it taking the loan/ EMI route? If the answer is NO, you are hopefully taking a right approach towards your financial life. If the answer is YES, then you are in a virtual debt. And you are […]

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Common misconceptions about financial independence

Financial independence can be a good goal to aspire for, and even if you achieve partial financial independence, it may be good achievement. But, is the state of being financially independent as hunky dory as it is projected to be? Well, there are no straightforward answers, and it depends upon what your idea of financial […]

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19 financial mistakes to avoid in 2019

As the new year begins, I wish everyone a very Happy New Year. I am hoping that this year, I’ll make better financial decisions and hopefully people reading this will also do so. One good first step can be to avoid making bad financial decisions and keep improvising. Here are some financial mistakes one can […]

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