September Update

After a dreadful August, September came blowing its horn strong. Last month has been quite expensive. My phone stopped working and I decided to invest in a phone with better camera to expand my photography hobby. It’s paying out already. I’m clicking 3x more photos and at most times I have a much better camera than the table I’m at. […]

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Savings Update – August 2018

It’s mid August when I first started drafting this post and it’s still raining heavily here. August has been turbulent and even that would be an understatement. Expenses Rent & Bill 16,000 Groceries 3,800 Dining out 1,000 Entertainment 0 Transport 2,000 Phone 40,000 Total 62,000 My phone stopped working and I had to purchase a new device. Over the last […]

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What Is Financial Independence For Me?

I first came across financial freedom, retire early or FIRE last year in November. And it changed my life would have been an understatement. I never looked at money this way before. When I was freelancing, I would earn quite a good amount but I would save it enough just for long travels. As a result of which I never […]

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Why Consistency In Savings Matter More?

We have been discussing about where to invest and how you can go about with your salary allocation for savings. I want to talk about consistency in investing today. It’s extremely important and it’s boring. When I first started investing for my retirement back when I was 24, I hated seeing a so much of my salary which I could […]

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Savings Update – June 2018

Since I started my quest to educate friends on how they can save and invest, a surprising byproduct has been my aggressive and rigorous tracking of expenses and savings. While I worked at my previous firm we would keep on saying that track and measure impact. It had been ingrained that I can measure impact and work to improve things […]

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Where To Park Your Emergency Fund?

For the past few days, I’ve taken a break and have been “consulting” with a few of my friends and family over budgeting. I could do this for a living 😛 The first consulting session I took were basic ones some of which I have already covered in my previous blog posts. If you’re new here, you should refer to […]

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You Got A Hike, Now What?

I have been meaning to write this post since April but procrastination is my thing apparently. It’s time of the year when most of you have received hikes and in some cases promotions. It’s a great time to revisit how you save/invest. Once you receive a hike, many would be tempted to increase their standard of living. Got a hike […]

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Why NPS is a bad investment

Many look at NPS as tax saving instrument as NPS is eligible for deduction in taxable income upto the limit of 1.5L under section 80C. One can also avail deduction up to INR 50,000 beyond the 1.5L limit under section 80CCD. This makes NPS look like an attractive investment. But is it? NPS essentially is a retirement solution regulated by PFRDA […]

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