Awareness Fridays: How to Understand the Basics of Personal Finance

by Vinaya HS on October 24, 2008

in Finance

Thanks for visiting Capital Advisor. I frequently update this blog to cover various topics on personal finance such as investment strategies, financial products that you should buy and ones that you really should stay away from, financial calculators, emerging themes such as early retirement and financial independence, and much more. You can Subscribe through Email and receive new articles directly in your Inbox or you can Subscribe through the RSS Feed and receive new articles in your feed reader.

A solid understanding of the basics of personal finance can only come through rigorous self-education. There is no shortcut. There are, however, excellent resources — both in print and on the internet (see below) — which can guide you with useful information on this journey. But the real learning happens when you analyze and apply this information to your personal situation. That’s the beauty of personal finance — each person’s situation and needs are different.

I developed my understanding by diligently and faithfully reading these resources:

There’s of course this blog too! That’s why you’re reading it right?

Awareness Fridays is my new initiative to spread awareness on topics relevant to personal finance — every Friday. I urge you to take some time off and absorb this information — it’s pretty useful. And, as always, do spread the word if you find this useful.




Thanks for reading this article. I'd love to hear your opinion. Please use the comments section below to share your thoughts. I frequently write new articles that also cover several other aspects of personal finance including credit cards, financial goals, health insurance, income tax, life insurance, mutual funds, retirement planning, and much more. You can Subscribe through Email and receive new articles directly in your Inbox or you can Subscribe through the RSS Feed and receive new articles in your feed reader.

{ 2 comments… read them below or add one }

Girish October 25, 2008 at 9:09 PM

Wow…
That’s usefull..
Girish

RaagVamdatt.com - Financial Planning Demystified October 31, 2008 at 7:55 PM

Hi Vinaya,

May I also suggest RaagVamdatt.com – Financial Planning Demystified?

The website strives to educate the small investor, and the public in general, about the different areas of personal finance.

This covers investment (stocks, mutual funds, ULIPs, gold, real estate, etc), insurance (term insurance, endowment plans, ULIPs, etc), loans (home loans, personal loans, etc), income tax, and many other money-related things affecting the common man.

Readers can go through the articles and improve their understanding of investment avenues, or ask a specific question about their situation and get a customized solution. They can also get free advice for their investment issues, and lots of other useful information about personal finance in an easy to understand way.

One suggestion: Maybe, you can also review the site, and present a balanced analysis to the readers?

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