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
Goodbye 2019 and welcome 2020. The post summarizes action items for me to wrap up 2019 and setup another great financial year 2020.
What is the biggest factor that does not let investments perform?
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
A simple yet comprehensive system to manage ones finances.
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
One of the lessons we learn in our early childhood is to be perfect in whatever we do. We were told if you are not perfect, you will not be able to compete in the real world. While it may be true for some disciplines like music, medicine and mathematics (the only subject in our… Continue reading Shun that perfection