1,600 kilometers. 1 Swift. 2 best friends. Bangalore – Kumarakom – Kanyakumari – Bangalore. 3 days. Infinite memories.
This Sunday, a friend made an observation: Life is only as simple as you make it to be. I was thinking about this blog and was simultaneously brooding over my friend’s thought when it flashed to me: Personal finance too is as simple as you make it to be. And personal finance is a big […]
Key excerpts from a recent circular issued by the Reserve Bank of India. The problem. It has been brought to our notice that some banks do not have the system of acknowledging the receipt of the duly completed form of nomination, cancellation and/or variation of the nomination. Further, it is also understood that in some […]
A reader asks: I am shopping for a term insurance plan and am a bit confused. Having seen the travails of insurance companies such as AIG et al., I am inclined to go with the Life Insurance Corporation of India (LIC) given their sovereign guarantee. But LIC’s premium for term plans seems to be 40-50% […]
An interesting statistic: Tags contribute just over 5.0% of all site traffic! This particular site improvement tip came from a reader (SB, if you’re reading this, a BIG thanks to you).
To avoid last minute, hasty, and incorrect decisions. Each April, we usually wait for our employer to send an email or notice asking us to declare the way we would like to structure our salary allowances (usually called flexible or variable benefits). We also usually procrastinate on this task till our employer sends a “last […]
The Income Tax Department of India has on it’s website provided free income tax information booklets. These booklets cover a wide variety of topics on personal income tax and provide a wealth of information on how you should compute your income tax. Read through these booklets and you might find those elusive answers to your […]
I’ve been driving around like there’s no tomorrow. If nomads used Swifts, I’d be a nomad. Done with the first free service which is due at the 1,000 kilometer mark or before 1 month. Cost me Rs 936 (oil filter changed; engine oil changed).
This is a guest post from Shilpa at Under the Rainbow. Though Shilpa claims that “she knows zilch about financial planning,” her post below proves the opposite. This story-style post on personal finance is the first of its kind on this blog and is the perfect complement to my posts on EPF. In 1993, Mr. […]