Budgeting, Investing, Personal finance, Savings

Who moved my cheese? How to deal with changes in financial plans

The title is taken from a famous book as below. Even though it is meant to be a management philosophy, it applies to the subject of personal finance as well.  https://read.amazon.com/kp/embed?asin=B004CR6AM4&preview=newtab&linkCode=kpe&ref_=cm_sw_r_kb_dp_tIGqEbZ4SSXY6 Financial Planning does not work?  There is a proverb in the military - Plans are good till the first bullet is fired. Some of… Continue reading Who moved my cheese? How to deal with changes in financial plans

Budgeting, Investing, Personal finance, Savings, Spending

The SAFE plan – Simple, Automated, Flexible and Efficient

Safety in financial world is an oft-repeated word, and is mentioned in contrast to risk and growth. We talk a lot about risk-return trade-off, safety of invested principal in long term and short term investments. There is another way of looking at Financial Safety. The SAFE plan described below is a way of setting up… Continue reading The SAFE plan – Simple, Automated, Flexible and Efficient

Budgeting, Personal finance, Spending

10 things worth spending money on

After months of dillydallying, I bought a second car. I also have a list of home improvements that I want to see get done. With the holiday season approaching, the vacation dreams are taking shape too. However all these cost money, some little some a lot. And didn't we say, we want to save more,… Continue reading 10 things worth spending money on

Budgeting, Investing, Personal finance, Savings

The Starter Kit

If you are just starting off with organizing your personal finance, or restarting from scratch, here is a step by step way to get started. Most of the times, we get started haphazardly, the first account in the local bank or the ad-hoc insurance policy or even the next stock tip forces us to open… Continue reading The Starter Kit