In my earlier post on early retirement in India, I assumed an average return of 12% from investing in equity. A lot of people new to equity investing assumed that this 12% is a guaranteed rate of return like a fixed deposit which is not correct. You can find this misleading way of talking about equity … Continue reading 12% return from stock market every year?
On the occasion of Dhanteras I'm re-posting my article from JagoInvestor. I'll start writing regularly starting this Diwali month on the topics some of you wanted me to elaborate 🙂 Table of Contents for this article How I discovered Early Retirement? WHAT IS EARLY RETIREMENT? My Alternative Early Retirement Plan for Indian conditions The … Continue reading Do you want to Retire Early in India? A detailed guide with Excel calculator
UPDATE: My detailed article on "How to Retire Early in India" got published on JagoInvestor last week. It also has an Excel calculator for download to help you plan for your early retirement. Check it out! https://www.jagoinvestor.com/2017/07/early-retirement-guide.html -------------------------------------------------------------------------- A lengthy comment I wrote on JagoInvestor in response to this article Early retirement is a necessity … Continue reading Early retirement is a necessity these days
Next time you step out of the house try this : Leave your credit card behind at homeWithdraw cash from the ATM for your weekly budget needsIf you find yourself saving less than you would like or puzzling where all the money was spent when you get the credit card bill : here’s some scientific research … Continue reading Simple trick to save more money : Use Cash!
Savings = Income - ExpensesTime to talk about the Expenses part of the equation.I use a great app call Spendee to track my daily spending. See screenshots belowHow I use itWhenever I buy something I immediately open the app and add the expense under the categoryFor known expenses like rent, phone bill etc, I add … Continue reading Track Spending to find Savings
Today we just saved almost the entire cost of a Delhi to Chennai flight ticket using Jet Airways Miles I had accumulated since 2012. That was what prompted me to write this post. Airline miles aka Frequent Flyer/Loyalty program:Low-cost budget carriers don’t offer this but full-service carriers like Jet Airways, Vistara do. Even Air India … Continue reading How to save money on domestic flights in India
You can use these tips for any loan but are most effective for student loans since they are are not as big as home loans but are burdensome nonetheless. If you answer YES to even one of the below questions you can read on for some ideas to cut down your debt drastically:Your loan is preventing … Continue reading How to Pay off your Student Loan in the Shortest Time possible
If you are on a mobile data plan with say a limit of 1GB/month or want to save on home Wi-Fi because of monthly quotas (ex: BSNL) then here are some tips guaranteed to save you data usage without taking the fun out. The tips here apply mostly to Android phones but iPhone users can also use … Continue reading Reduce your mobile phone bill : Save money on data usage
1 minute readYour savings, believe it or not, affect the way you stand, the way you walk, the tone of your voice. In short, your physical well-being and self-confidence. A man without savings is always running. He must. He must take the first job offered, or nearly so. He sits nervously on life’s chairs because … Continue reading A Man With Savings : A bank ad from 1963 – timeless!