Summary Points: I explain the four quadrants: E, S, B, I. E and S mean trading time for money. B and I focus on systems and passive income. I share my journey from E to B and I. Small steps can help you move to financial freedom. Introduction Today, I want to talk about something…
Summary Points: Context: Inspired by a Business Today article, this post addresses the middle class’s financial struggles, salaries stuck at Rs.10.5 lakh for 10 years, automation cutting jobs, and rising debt as a structural issue. Problem: With 6.5% annual inflation, Rs.10.5 lakh today is worth Rs.5.36 lakh in real terms, while automation threatens repetitive jobs,…
Summary Points: You’re eyeing a Rs.1.2 crore house in Bangalore—buying means a Rs.50 lakh down payment and Rs.70,000 EMI, while renting starts at Rs.40,000 a month with an 8% yearly hike. Buying costs more (Rs.84 lakh over 10 years) but gives you stability and a potentially Rs.1.96 crore asset; renting saves cash (Rs.70 lakh) and…
So, I stumbled across this juicy little debate on Reddit the other day, and it’s got me thinking. Imagine it like this, a couple’s sitting down, probably over coffee or maybe a cup of tea, hashing out what to do with their investments. They’ve got 10% in cash, 20% in bonds, and the rest chilling…
Many people dream of owning their own home. But when it comes to buying a house, there are many hurdles, especially regarding finances. Most of us do not have the capital to buy a house in India (especially in tier-1 cities of India like Delhi, Mumbai, Chennai, Kolkata, Bangalore, Hyderabad, Pune, and Ahmedabad). Hence, we…
The rent vs buy a house decision is a dilemma that the majority face while buying their first home. It is one of the tough decisions of life. Why? Because when common men decide to buy a house, they are actually making a decision to lead a less-abundant lifestyle. Hence, along with money, buying a house…
Financial genius are not the ones who knows everything about finance. Financial genius’s know the ‘right things’ People who have become very successful in money making knew the right things about finance very early in life. Even common men can grow and become financial genius. Handling money is in genes of humans. Riding a bicycle…
Why poor people stay poor? This is because poor do not know how manage money to become richer. Poor thinks that, only making ‘more’ money makes one rich. But this is not correct. One must attain financial independence first. Only after achievement of financial independence one can start getting “richer”. The difficult part is, the achievement of…
