The Truth Always Lies In the Calculations

by Vinaya HS on March 10, 2010

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.

Do you want to know what the impact on your income tax payable will be when the new income tax rules come into effect? Do you want to know what the impact on your home loan tenure will be if you decide to prepay a certain amount? Do you want to know what the EMI on that personal loan you’ve been contemplating will be? Do you want to know what the penalty for preclosing your vehicle loan two years into the loan tenure will be? Do you want to understand how that seemingly interest-free offer on that shiny new LCD TV works?

In general, the impact of any financial decision or financial choice you make is best understood by running the numbers. Because, the truth always lies in the calculations.

What do you think?




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.

{ 1 comment… read it below or add one }

Ashish Pawaskar March 10, 2010 at 12:09 PM

Agree completely!

Many times the offers is simply too good to be true, but the real danger is offers that seem honest and straightforward. I have learnt a lot from this blog, now I run the numbers, have checked my CIBIL report & have cancelled all but one of my credit cards.

Did you know? On top of its charges for various “services” it provides ICICIBank charges to close an account too! :D

Caveat Emptor!!!

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