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No Answers

I really don’t know what keeps me going about this, despite knowing the sore endeavors in my life.   For me, as of now, there are no WHY(s) and HOW(s) to which I have an answer. 

Role of Your Spouse in Personal Finance and Money Management

In most of the Indian families, the personal finance is something which is not managed by the couples together. It is only one person who manages the personal finance and money management of the whole family. In most of the cases the male partners and in a very few cases the female partners mange personal finance. Only very rarely both of the partners together manage their personal finance aspects.   What would be the outcome in an organisation where the purchase department works totally independent and without any understanding with the finance department of the organisation? Purchase dept may overspend; finance dept will lose control; misunderstanding and conflicts between both the depts; the result is the organization’s growth gets destroyed.   Similarly, if the personal finance is handled by only one partner, then there could be a lot of mismatch between you and your partner in saving and spending pattern. This will lead to misunderstanding and marital stress. Instea...

I believe

I believe its really important to be avowed as 'okay, I am alright' , then to be an annoying broadcaster of my personal rage... Don't want people to hear something which is purely mine and probably they have no solution/understanding to it... Sent from my BlackBerry® smartphone

Instruction Manual for Investing

Let’s open the manual:   Every gadget you buy in the market comes with an instruction manual or user’s manual. But your salary, savings...retirement don’t come with an instruction manual.  So we don’t know how to handle these and we end up mishandling. The result is poor investment choices and unhappy retirement. This article is an effort to draft an instruction manual for our investments.   Investment forms an integral part of our work life, with many wanting to save and invest to meet our long-term financial needs. We would all agree that just living from paycheque to pay cheque would leave us in a bad financial state making us incapable of meeting our family’s financial commitments and our expenses after retirement.   Don’t Fly Blind; Have a Financial Plan   It is vital to chalk out a financial plan at the very beginning of our career. This plan would tell us how much we should save and invest. This plan also ensures that o...

Drama Queen-Interesting Article

What the mini-run on the rupee says about India THE result of headless-chicken financial markets or a canary in the coal mine? India is grappling with this question. On November 22nd the rupee fell to an all-time low against the dollar. The speed of the rout (see chart) has been scary for a place that was supposed to be largely insulated from the rich world’s troubles. It is 20 years since India had a balance-of-payments crisis and for a long time the talk has been about it becoming an economic superpower. But there lingers a memory of when it felt it was a financial hostage to the world, and this helps explain the whiff of panic now in the air. Mumbai’s financial types say that firms are scrambling to find dollars and that desperate euro-zone banks, which supply about half of India’s foreign loans, are cutting off credit lines.   That sense of fear strikes some as overdone. Jonathan Anderson, of UBS, a bank, has tagged the rupee a “drama queen”. India...

Tough

Ankit Gupta wrote: Its hard to get seasoned for something in and out and then hold distinctiveness of being a much valued trespasser... Need to get over it, much needed... Sent from my BlackBerry® smartphone