We just had the quadrathlon of our Series- Wealth Creation- The Do- It – Yourself Way… The four stages that we crossed were: Part 1: Net worth, Assets & Liabilities, Personal Balance Sheet Format Part 2: Developing a Monthly & Yearly Budget with Format Part 3: How to Invest, Formulate Goals, and Choose Assets PartRead More
Budgeting
How to Create Wealth? A DIY Series to Learn Wealth Creation Basics- Part -4
This is Part 4 of the series- How to Create Wealth – Do-It-Yourself Way. A recap- we learned how to Start Creating Wealth by calculating our Net Worth and identifying Assets & Liabilities in Part 1. Then we progressed to making Budgets, do Budgeting and knowing Savings potential in Part 2. We further went aheadRead More
How to Create Wealth? A DIY Series to Learn Wealth Creation Basics- Part -3
In Part 1, How to Create Wealth? A DIY Series to Learn Wealth Creation Basics- Part 1 we started this marathon of How to Creating Wealth By Doing-It-Yourself way, by learning the starting point- The Net Worth Calculation. In Part 2, How to Create Wealth? A DIY Series to Learn Wealth Creation Basics- Part 2 we wentRead More
Simplifying the Rule of 72
I am sure you know the thumb rule of 72. We all use it to know when we can double the money or what rate of returns we ought to earn to double our money. But do you know why 72 is used and not other numbers like 71 or 72? Well, it dependsRead More
Angelina Jolie & Household Budget
Won’t say Angelina Jolie is expert at budget, especially after hearing that her marriage ceremony with Brad Pitt cost millions, but this caught my eye when she said this in an interview with CNN in 2005- “Save one-third, live on one-third, and give away one-third.” – Angelina Jolie Now, I am a huge fan ofRead More
Budget 2016 : The New Things, Changes & Impact
The extra day (29th Feb) of 2016, was well utilised as I love following important events. Well, I could not get more as both events belong to subjects close to my heart… movies and finance. I woke up to 88th Academy Awards (Oscars) and ended with decoding Budget 2016. This Oscars ended 20 years wait forRead More