One fine day in 1937, A grandfather who was a grocery store owner was approached by his 7-year-old grandson for a business deal to sell soft drinks aka carbonated drinks for the people who sit on their lawn to cool off the heat. Remember, this was a time when no Air conditioning was invented. So … Read more
Adopting frugal living offers many benefits! But living frugally has its own consequences. It comes as a package – Eg: Not living life insight of others, not embracing YOLO, but your view may differ and see it as the foundation to have a good life later on. The moment I started to adopt principles of … Read more
The Shockingly simple math behind early retirement is popularized by veteran blogger Mr. Money Mustache. You can check out his article here shockingly-simple-math-behind-early-retirement. WHAT IS SHOCKINGLY SIMPLE MATH? Shockingly simple math tells you how many years it takes to achieve early retirement. It is purely based on one single factor. Your Savings percentage rate! Few … Read more
Introduction: I used to think retirement from work and pension are the same. But I was wrong! Since both retirement and pension lead to the same result ” Stop working”, we might be mistaken in our thinking that both are the same. Retirement and pension aren’t the same and they have their dynamics and characteristics … Read more
Welcome to My Finances! This is my 5th-month update since I started this page. The purpose of sharing these numbers is to get out of debt and become debt free as early as possible. The debt payoff method used is the avalanche repayment method. I got inspired by the blogger a purple life who shares … Read more
Are you struggling with credit card debt? Are you getting tired of paying off your minimum payments? Do the payments of credit cards quickly take away your peace of mind? Don’t worry! I was in your shoes 6 months ago, But today my credit card debt is NIL. Here is the proof in the below … Read more
History of the S&P 500 Index: The S&P 500 which is an acronym for Standard and Poor’s Composition was introduced in 1957 as a stock market index to track the value of 500 corporations that are listed in the US stock market. This index was launched on March 4th, 1957 and it consists of … Read more
Introduction: Time changes everything! That’s right. Gone are the days when owning a credit card is bad for one’s financial life. Today owning a credit card is a luxury and premium. This article focuses on rising credit card usage India, market share, prospects, etc. Where did it all begin in India? In 1969, City Bank … Read more
Introduction If you want to start a business, What kind of business market do you want to compete in? You can disrupt the business model, and become a Monopoly like Microsoft (Operating system) or you can choose to be another grocery store owner until the competition(online or another grocery store) eats away at your profit. … Read more
If you are an employee of TCS working in Pune, now you would like to move to TCS Chennai which is near your hometown. You apply for the transfer request to HR. By moving near your home location, you get to see your family often & your cost of living may come down, etc. You … Read more
