Just About Money

India's First Gold

2008-08-11T12:44:00.004+05:30

Hurray!!!!!!! INDIA has won its first GOLD in the Bejing Olympics. This is India's first ever Olympic gold in any individual event and ninth in total. All thanks to one man ABHINAV BINDRA. Atleast we have one GOLD now. Lets see if anyone else can do something.

Money Mistakes

2008-07-29T16:59:00.003+05:30

How many of mistakes people commit in their life time? And what about money mistakes, Well there are a few even i regret, No i guess i should be more open about it there are a lot of Money mistakes that i regret. But i am learning from my experience now and hope to be even better as i learn along the way. I am listing down some of the common mistakes as below that even i have committed and i

How to Select a Tax saving Fund?

2008-07-20T17:44:00.003+05:30

Tax Saving Funds seem to be the flavor of the day now, with more and more funds coming up on a daily basis it becomes very difficult to select the most appropriate fund. How do you select a good tax saving fund. What are tax saving funds. They are basically Mutual funds through which you can save tax as well as save money(is it sounding right). Anyways its a good investment opportunity. I was

Downtrend in the Markets

2008-07-16T18:17:00.002+05:30

With Markets going in for a free fall, it seems they are going to go so low that it might become very difficult for them to recover and for people like myself who have a significant part of there portfolio when the markets were climbing are already feeling the losses, What could you probably do and what not to do is now left all to speculation. I have decided to stick to my present portfolio and

Income tax forms

2008-07-15T17:51:00.002+05:30

For all those who are looking for income tax forms for India, for filing returns i am giving a link to the official website of the Income tax department of India from where you can download the forms. Remember there are separate forms for separate types of income, so be careful for filing income tax returns fill in the right form. IT Department Website

Holidays and Money

2008-06-17T13:40:00.002+05:30

I recently took a break from my work and went on for road trip. Well this is one time that i let go ans decided to enjoy, but thinking about the money aspect as well. Let me first tell you about my trip.. I went to Rishikesh via Haridwar from Delhi(Drove down ofcourse) and then from there on moved to Dehradun and then to Ponta Sahib(Its a Sikh Shrine in Uttartanchal). Drove all the way. Had

Buy or Sell Stocks

2008-06-04T17:17:00.003+05:30

Its the right time to start buying stocks. With the markets touching a new low and falling, this is the time start buying stocks. I was reading in one website a comment given by an expert that "People give more importance to the right time to sell shares then to buy shares". So its time too get that money out of those fixed deposits that are paying you 8.5% interest and start buying shares in the

Fuel Prices - Where are they going

2008-05-26T18:03:00.003+05:30

Has anyone sees the documentary "Who Killed the Electric Car"? Well its an eye opener on how the corporates and governments have not been promoting the battery operated cars and rather promote the fuel driven cars. Well with the fuel prices globally crossing $135 a barrel and the government thinking of decontrolling the fuel prices, some websites are reporting that the price hike could be as much

Investing in GOLD

2008-05-25T15:00:00.007+05:30

All of us who thought that buying gold by our parents and grandparents in every occasion was a stupid and a very expensive thing, will be surprised to hear that Gold has beaten inflation today and will keep on beating inflation. Gold seems to be the one investment which time and again has been proven to be a solid investment and every portfolio should have exposure to gold. I like most of us out

Coningency Fund Chart

2008-05-24T15:18:00.002+05:30

Hi Everyone, Although i have been talking so much about this Contingency fund, but i want to make a confession. I have just recently started getting it together and now i have added a bar on top left hand corner of my blog to follow it up and also to display it to the entire public about my progress. Anyways you can see for now that it is progressing very slowly and i am hoping to complete by

COST OF LIVING IN DELHI

2008-05-11T11:24:00.004+05:30

How much does it cost to live in Delhi, India? Well this becomes an important question for all those people who are planning on shifting to Delhi for any reason. The top reason for shifting to delhi is usually Job related. Delhi being the capital of Delhi boosts of a good infrastructure as compared to the other cities in India. With the world class metro train running through Delhi, the Delhi

Money Saving Tips

2008-05-10T18:14:00.003+05:30

Some money saving tips you should really go through and follow.... 1. Use Cash : Where ever possible avoid using credit cards. 2. Use Small Savings transfer : Get your online account to transfer a fixed sum every month to another account through which you can build a contingency fund. 3. Stay At Home : Dont go out much stop eating at restaurant's and stop your weekend trips to the mall instead

Talk about money

2008-05-03T23:07:00.004+05:30

Not Many Of us are comfortable talking about money with our loved ones. And to tell you the truth it really is worth it. Money is one of the main reasons of disputes between couples and it is always best to discuss this issue and keep everything transparent so no issues can come up later. This can help making decisions easier about money matters. The same should also be true about children.

What Is an Endowment Policy?

2008-04-27T21:39:00.004+05:30

All of us have been sold an endowment policy by an insurance agent at one time or another and most of these we dont know anything about. Well let me try explaining here what and endowment policy actually is. Well an endowment policy is actually a contract like any other insurance policy between an individual and the company that on payment of premiums as specified in the contract, the company

Are You Financially Healthy?

2008-04-14T14:41:00.003+05:30

Well here are some questions listed below to check the health of your finances. You need to answer them in all honesty to exactly know how what is your financial health. 1. How much percentage of your income do you save monthly? a. > then 10% b. < then 10% c. Nothing 2. How often do you adjust and review your retirement plan? a. Atleast once a year b. Only once in five years c. You dont have

What Is a Mutual Fund ?

2008-04-06T20:10:00.005+05:30

Well although i know most of us already know what is a mutual fund but i just thought for all those new to the investment scene who like to ask this question a lot, so maybe i can explain the basics of Mutual funds and who knows maybe all of you who have been investing in mutual funds may also learn a thing or two about them. Mutual Fund is basically a company that brings together a group of

What if Something bad happens?

2008-04-05T08:15:00.002+05:30

What if Something were to happen? Disaster were to strike. Are you prepared for the worst... You still have to keep yourself and your loved ones happy. And the same can only be done if your finances are in order, so here are a few suggestions for disaster management... 1. Plan for your monthly spending : We should all create a budget and stick to it. And when you plan for your budget always

HAPPY HOLI

2008-03-21T10:47:00.002+05:30

This is one festival that i really love, the festival of Colours and i have some very fond memories of the same, so guys enjoy life and Happy Holi..

What Do you do with Surplus Money ?

2008-03-16T11:16:00.007+05:30

If you have been reading my Blog regularly you will probably have learned about saving better by now and probably be even able to make your money work for you, so you might actually end up with some money surplus. Or maybe someone has just given you an extra bunch of cash and you don't know just what to do with it, well you could probably could use a few tips as mentioned below... 1. Pay of that

Warren Buffet's interview to the CNBC

2008-03-14T14:36:00.003+05:30

I found this transcript of Warren Buffet's interview with CNBC held on 03/03/08. Its worth reading this legendary investor is really the best and its worthwhile to read anything on him. Anyways heres the complete interview....

Tax Alert impacting individual and Employer

2008-03-13T10:18:00.003+05:30

Why am i still talking about the budget? Well i am not i found this Ernst and Young report that tells all about the budget implications on both the individuals and the employer. I thought it could be useful to many of us either way, so i have uploaded in it in the link here, its a direct download so no waiting.

Highlights of the Budget that effect You and Me

2008-03-01T22:02:00.005+05:30

Well i am listing down some of the highlights of the budget that effect me or might effect me or atleast i think it effects the common man..... - Personal income tax exemption hiked to Rs 1.5 lakh - Senior citizens threshold tax limit increased from Rs 1,95,000 to Rs 2,25,000 - Tax exemption for women increased to Rs 1.8 lakh - No excise duty on refrigerating equipments - Small

Compare New and Old Income Tax Slabs

2008-03-01T21:53:00.003+05:30

How would you like to compare your old tax liabilities and new tax liabilities. Click on the Image below to see full image....

What is P/E Ratio

2008-02-23T18:23:00.003+05:30

Have you heard of P/E (Price/Earnings Ratio)? It is one of the Oldest and most used term when it comes to value of shares. And you know although i heard it several times and also knew what it meant but was never able to figure out how to use it to find out the value of the shares that i was planning to buy. Any ways i have found some useful information on Price/earning ratio which i am planning

Cash or Finance for buying a Car

2008-02-17T20:00:00.004+05:30

Thinking of buying a new Car, Cant make up your mind whether to get it financed or pay by cash for the entire car, cash which is lying in fixed deposits/mutual funds/wherever.... Well to anyone casually looking would suggest that paying by cash would have been a better option, the smart thing to do, this way you wont have to pay the interest. So if your car costs Rs. XX/-, you will end up paying