Posting will be slow this week and next since I’ve had to make an unexpected trip to New Jersey on official work. How I wish I had an “Unplanned Purchases on Amazon.com” fund.
D’s mom and dad were, the other day, looking at travel options for a pilgrimage tour that they’ve been intending to make. I checked for flight availability and pricing. The minimum price that I could find around the planned dates was around Rs 30,000. They canceled that option in an instant. No second thoughts. No […]
I take all the pain in this world and run around to surrender my BSNL landline and broadband connections and what does BSNL do? Merrily sends me a bill for the full month as if nothing had happened. Business as usual. Ignore the customer. Tomorrow is going to be a lot of fun. I’ll be […]
Here’s a quote that I liked from the book Automatic Wealth. Meanwhile, keep in mind that even though the material things you hunger for are indisputably of value, unless you have the financial capacity to keep them, to maintain them, and to replace them, you donâ€™t have wealth. You simply have its obligations. Here’s something […]
If I could make one wish, I’d honestly wish that a copy of my Jeevan Anand surrender request letter be stapled right on top of the policy document that you see in the video below. Now, that would be one insane — but totally spot-on — wish, wouldn’t it? [Here’s the video link if you […]
Things are now back to how they were a month and a half back. Finally! We came back to Bangalore in the 2nd week of December and it took us a full week to set our house back in order. Amidst all this chaos, blogging took a backseat and I honestly apologize for such a […]
When I pre-closed the loan on the Swift, there happened to be a small difference between my calculations and the bank’s calculations, with the bank’s figures being higher. I didn’t bother too much about it back then, but now I know the cause for that difference. A 10.3% service tax levied on car loan prepayments. […]
Don’t just travel. Travel well. Lonely Planet Magazine, India. Amen! That’s what I believe. That’s why I avoid “package” tours.
Read this article recently published in the Bangalore Mirror. Highlights. After recession, an insurance cover ranging from Rs 1 crore to Rs 3 crore is the most sought after by IT honchos and senior-level management people. With job losses and salary cuts, the industry has realized that conventional saving tools, which are stable and give […]
How would it sound when you need to tell someone that your life insurance policy is named ICICI Pru LifeLink Wealth SP? I’d run away if I had to say this.
Referring to my rants on Citibank, a reader wrote in: I saw your post on the Citibank ERA facility. Luckily, I didn’t face the photo issue, but I’m unable to transfer funds between the ERA Account and the Regular Salary Account. Do you know if this is doable? I didn’t and I wrote back so. […]
D found this on early morning TV. This is what happens when you have more manufacturing capacity than you know what to do with. Berries become cherries with a 47% markdown.
When you hear the words “five, years, investment, product” all in the same sentence from whoever is pitching you a financial product your first instinct must be to get ready to run as fast as you can in the opposite direction. Because it couldn’t be anything other than a ULIP. Last weekend, I ran as […]
Telemarketer. Peddling an SBI Credit Card. Rs 800 in coupons (God alone knows for what) along with the credit card. A Rs 500 charge upon first usage. Seems they’re very upfront about disclosing these charges. I almost asked how much those coupons cost SBI to begin with. What a scam!
From HSBC: You continue to enjoy a reduced interest rate of 3.25% p.m. (39% p.a.) on extended credit on your HSBC Credit Card ending XXXX. I’ve had this card since 5+ years and have never made a late payment. If my interest rate for being loyal and punctual is 39% p.a., you can imagine what […]
Investing in Gold ETFs. When buying a gold bar or gold coin, a buyer has to make sure he buys it from a trustworthy source, lest he gets saddled with gold of lesser purity. There have been instances when one has paid for a 24K/10 gram gold coin and has got a 19-20K/10 gram coin. […]
Vocation, Career, and Job. I think these definitions are spot-on: A job is simply any situation where you are paid in exchange for your labor. A career is a sequence of jobs in a similar field that ideally lead to promotion within that field. A vocation is what you were born to do. Your vocation […]
Booking a SriLankan Airlines flight, billing amount in $, enter credit card information, successfully Verified by Visa, transaction rejected, call center says I need to authorize the website through Internet Banking. What’s the whole point of being Verified by Visa?
One sacred rule of investing is ‘do not lose your money.’ Source: bit.ly/b4hLdO
A reader asks, Recently, there was a hike in the EPF (Employee Provident fund) interest rate. Will this rate be applicable for the PPF (Public Provident Fund) too? Please publish this question on your blog as it would clarify facts for a lot of investors like myself. The answer is NO — currently there is […]