A reader asks, What should one do if one has repaid all debts, owns a home, leads a simple life (no cars, clubs, or expensive holidays), is sitting on a pile of cash (most of it in fixed deposits) and has no continuous stream of income except for paycheck. Is this person very close to […]
A comment on this post caught my attention. Why shouldn’t a medical check-up be mandated prior to buying health or life insurance? What do you think? [polldaddy poll=3675968]
The last thing you want to happen early on in your working career is to rack up debt. The debt will just prevent you from moving on with your life. Source: bit.ly/cwGcII I am a case study. If I hadn’t made that mistake, I’d be many steps closer to financial independence today.
@ Namdroling Monastery, Bylakuppe, Kushalnagar.
As a family, we need health insurance coverage for myself, D, and D’s parents. Through my job, I have health insurance coverage for both D and myself. Through her job, D has health insurance coverage for herself and her parents — I could have added my name too, but didn’t see the need to. In […]
If you have Rs 20,000 to invest each month towards building a retirement corpus, how does this portfolio sound for a retirement that’s twenty years away? Rs 10,000 in HDFC Top 200 Fund (Growth) Rs 5,000 in HDFC Prudence Fund (Growth) Rs 5,000 in HDFC Monthly Income Plan Long Term Plan (Growth) What changes would […]
A major upgrade of the software powering this blog and an unexpected server outage had me on my toes since yesterday evening. # Upgraded to WordPress 3.0.1. # Upgraded to Thesis 1.8. # You can now ask to be notified by email whenever there's a comment on a particular post. Ashutosh, I finally got around […]
For the past year and a half, the first day of each month saw me watch yet another EMI draining my cash flow. Today’s the first of the month and it’s different today because I chose to be debt free. And what does it really mean to be debt free? I could’nt have answered better. […]