You should have a strategic asset allocation mix that assumes that you don’t know what the future is going to hold. -Ray Dalio (American billionaire, hedge fund manager, philanthropist) The one thing I have learned since starting on this Personal Finance journey is the fact that no one can predict the future, be […]
Tag: personal finance
Ditch The Paycheck To Paycheck Mentality
I have now been a personal finance enthusiast for over a year if I take into account from the time I started preparing to become a Certified Financial Planner. One of the concepts that popped up a lot and resonated with me was the idea of paycheck to paycheck mentality and how it ends up […]
Your Money or Your Life: Vicki Robin
One of the books I have heard a lot of people rave about in the PF blogosphere has to be Vicki Robins’ Your Money or Your Life which was recently updated by the author. When so many people have good things to say about a book, my first instinct is to get a copy and […]
The Frugality Philosophy
As I have understood more of the Personal Finance blogosphere I have come to realize there are different kinds of blogs within Personal Finance too. While some like mine cover all possible topics under the sun, including another passion there are a few blogs which are pretty focused on one topic within Personal Finance. […]
Book Club – How Rich People Think
Books remain my favorite medium of learning. With my shift to 2-post-a-week blog schedule, I realized the one piece that I have missed out writing on has been Book Club! The good thing is that now the learnings from Personal Finance books will be interspersed with those from Self Development. It is only fitting […]
Complete Guide to Goal Based Investing
I was watching the Soccer World Cup match yesterday and realized the excitement that running towards a goal brings with it. That led to the realization of just why goal based investing is such a powerful idea! If you keep hunting for the best returns as the main reason behind investing, you could […]
5 Ways to Increase Your Risk Appetite
I have heard a lot of people say – “ooh, stocks are too risky” or maybe something “I don’t have the appetite for a risk of that kind”. What exactly is a risk when it comes to investing? Risk is the ability to invest money with the objective of growing it to meet your […]
Why We Give (to Charitable Purposes)
One of the best jobs that you can give to your money? Improving the lives of others, right? However, most charities still struggle to raise enough money to make the impact they are capable of. Considering the suffering and impoverishment in the world, I don’t think there can ever be too much of giving […]
The Complete Guide to Passive Income
Do you remember the childhood parable of the hen that laid golden eggs every morning? To refresh your memory, a poor man in a village suddenly comes upon a hen. When he is about to kill it for food, the hen squawks out the secret that it is a superpower hen which gave a […]
What do you work for? Passion or Money?
If ever there was a loaded question ever, it has to be this one – what do you choose while choosing your profession? Passion or money. Trust me, it’s not a simple A or B answer. Sometimes following your passion can mean a life of joy, creating wealth while doing what you love. On the […]