How to Calculate the Loan Amortization Schedule (EMI, Principal, and Interest Components) for Your Personal Loan?

Posted 44 CommentsPosted in Finance

Download my Personal Loan EMI Calculator Excel workbook. This workbook has six sheets, one each for a loan duration ranging from one year to six years. Select the sheet corresponding to the loan duration you’re thinking of. For example: select the sheet labeled “3 Years” if you’re looking for a personal loan that you want […]

Tweets on 2008-06-26

Posted Leave a commentPosted in Finance

Yesterday, I talked about why you should opt for independent health insurance even if your employer currently provides one. Below, I’ve linked to some great reading material on this topic — don’t forget to read the comments on each of these posts. Should I Go Without Health Insurance For A Better Career Situation? My Company […]

Why You Should Opt For Independent Health Insurance Even If Your Employer Currently Provides One?

Posted 6 CommentsPosted in Finance

When I put up my definition of financial independence, I said I should have independent health insurance for myself and for my dependents. I thought I should clarify the term “independent.” In saying independent health insurance, I am referring to a health insurance cover that is not provided by my employer. Normally, employers provide group […]

Personal Finance Tip: How To Obtain “Know Your Client” (KYC) Compliance For Investing In Mutual Funds?

Posted Leave a commentPosted in Finance

It’s a pretty straightforward process: Download and fill this form (PDF format). Attach a copy of your PAN card and your proof of residence. Find the nearest submission center. Submit and collect your Acknowledgment. Remember to carry the originals for verification. That’s it. You’re all set to invest in Mutual Funds. I completed this procedure […]

Tweets on 2008-06-21

Posted 2 CommentsPosted in Finance

I hate Mutual Fund ads that harp on completely useless facts and then expect you to invest in them. The latest issue of Outlook Money carries an ad from Sundaram BNP Paribas who tout: Blah blah blah… Over a 28-year period, if you missed just the 10 best market days, the number of times your […]

Tweets on 2008-06-20

Posted 3 CommentsPosted in General Stuff

For reasons unknown, ING Vysya believes that I have a spouse who I should immediately, but positively before the end of the day, go with to their office on Cunningham Road and collect a 3-night vacation-in-Goa package. In case my hypothetical spouse and I decide not to vacation for 3-nights in Goa, I can get […]

Tweets on 2008-06-13

Posted 1 CommentPosted in General Stuff

All that talk about financial independence and what do I just get as an SMS: Congratulations! You have been pre-approved a Personal Loan from HSBC for Rs 322,000. Blah blah blah… Conditions apply. WTF mate? Given this method of lead generation and subsequent lending, would you be brave enough to deposit your money with HSBC?

What’s Your Definition of Financial Independence?

Posted 6 CommentsPosted in Finance

Of late, I’ve been thinking a fair bit about financial independence. The Simple Dollar summarizes it best in defining financial independence to include: Freedom from financial reliance on loved ones Freedom from financial reliance on creditors Freedom from financial reliance on employment That set me into preparing the checklist below which constitutes what I define […]

Great Advertising: Amul Macho — Now, Is There A Law Banning Vulgar Orangutans?

Posted 5 CommentsPosted in India Advertising Blog

Background: And When We Do Create Great Advertisements, The Government Bans Them. So, how does a creative team overcome the Information & Broadcasting Ministry’s definition of vulgarity? By employing Orangutans… Refreshingly great advertising in a world full of lame advertisements. The creative team behind this ad deserves an award!