Financial Independence, retire early and travel
It is a sad day and an immense loss for the world to lose a star like Kobe Bryant. Though I am not a basketball fan, but the only few matches I have seen featured Kobe Bryant. And it was a pleasure as well as moments filled with awe seeing what he was able to…
“What if I am not able to deliver the project?”, “What if I get fired?”, “I am a huge failure!”, “What is the point of everything?”. My brain was becoming an endless pit of questions. “What if, what if, what if…?”. Suddenly I felt entire weight of the world on my chest. I couldn’t breathe….
Happy new year to all my readers. New year is the time for resolutions, so let us take some financial resolutions for the year. The idea is to take new year resolutions for wealth creation. Wealth creation as much about a strong resolve as it is about financial acumen. So let us take a few…
“I know where to invest I just don’t have the money”, “I am waiting for my appraisal and then I will start a new SIP”… There is a long list of quotes with similar meaning that I hear from my friends. The crux is that they know where to invest but they don’t think they…
A lot of people have asked me if National Pension Scheme (NPS) is a good investment instrument or option. However, let us look at what NPS is, its variants and how it compares to PPF before I answer that question. What is NPS? NPS is a government-sponsored pension program open to employees from the public,…
A lot has been written about early retirement and financial independence. Be it the 4% rule, or reducing expense or buy what you need, not what you want. However, there is one key thing to do if you want to retire early. Automate your savings. Yes, this is the most important thing to do. Why,…
I am sure you would have heard the above saying: “why rich get richer ?”. And I totally agree with the statement. It is true, rich do get richer. Income inequality is growing considerably. Top 1% in the world keep on becoming richer. And there are plenty of reasons for that. Yes, you can blame…
While I wrote a post about how to calculate retirement corpus a while back with detailed excels and steps, a lot of people since then have told me that it is a bit difficult to understand the methodology and assumptions for someone who is new to early retirement or financial independence. Hence, in this post…
If you are just starting to invest, I would suggest reading my other blog posts on where not to invest, different type of mutual funds, how to make money in stocks, best mutual funds and real estate vs mutual funds to begin with. If you have already invested read on to find how to review…
I recently read an article, If You Have Savings In Your 20s, You’re Doing Something Wrong. There can be nothing farther from the truth, yet reflect the reality prevalent today. The author essentially says that if you save money early in your 20s, then you are a boring person planning for his/her death. Saving money…