Investing, Liabilities and Debt, Personal finance

The Net worth vs. Cash flow debate

What is your net worth? Let me see, probably close to a million. So what? Are you financially independent? No. Why? 'cause I don't have enough cash flow to replace my W2 income. Ok then, net worth is a worthless metric. But it projects my comfort into the future. And so it goes on and… Continue reading The Net worth vs. Cash flow debate

Personal finance

Take off to the aerial view

Today I am flying to India. I am very excited and looking forward to visiting what is my second home now. As the long flight from US started very early this morning, a few thoughts on personal finance hovered around my mind. Before the flight takes off, there are a number of events that take… Continue reading Take off to the aerial view

Personal finance

Beware of ripoffs

Everyone does financial mistakes, some large some small. The personal finance industry is designed to chase you for your money, for obvious reasons. The people working in this industry has to make a living and profit. Nothing wrong with it, however there are some unscrupulous greedy professionals and companies who will siphon off your money… Continue reading Beware of ripoffs

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

Investing, Personal finance

Emotional Investing

How are emotions and investments linked? Or should they? The two are actually intricately linked in our financial lives. Emotions define investments, and investments define emotions.  For example, most people who invest in stocks buy the next stock based on hot tips, be it from the last night party or the media channels doling out… Continue reading Emotional Investing