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
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
There are two aspects of investing that are often in war with each other. Fear and Simplicity.
This post gives a simple way to measure and track personal finance health and growth.
What is the biggest factor that does not let investments perform?
Technology is changing the landscape of personal finance. This post shows the different facets of Fin Tech and how to apply to your personal situation.
Who doesn't know of Dave Ramsey? Even my 10 year old kid has been taught about Dave in elementary school mathematics. Dave Ramsey is America's trusted voice on money and business. Well he is popular for a solid reason. In this post, I will describe why he makes perfect sense to me. When I immigrated to… Continue reading The universal truth about Dave Ramsey’s 7 baby steps