Money 101 revisited: There is more to life than just money

So far we have covered most of the basic concepts including making personal balance sheet and Artha Chakra, or Wheel of Personal Finance , ...

Personal Finance 102: Manage by Method, and not Madness

Many people look at financial advisors and stock markets, be it at Wall Street or Dalal Street , with apprehension if not outright suspicio...

Making Personal Balance Sheet

You would have heard about business and companies maintaining a balance sheet, which provides them a snapshot of their financial health. A p...

Time is Money: Compound Returns, Present & Future Value

One specific feedback I received on my previous article on power of compounding is that the formula for compound rate of return is not obvi...

Personal Finance 101: Power of Compounding & Discipline

Objective of personal finance is to have money for your needs and desires at various stages of your life. To achieve that, you should determ...

Money 101: Earn, Save, Budget, Invest, Loan, Insure, Give

What is money? We all use it, we all want it, but what is it? To put it simply,  money  is a medium of exchange for goods and services. Pe...