National Pension Scheme

Should I invest in the National Pension Scheme?

I Got A Raise! Now What?

There are those times when we are showered with wealth! Okay, may be not showered but occasionally we do get some extra money. If we are salaried then we could get a raise or a bonus. For entrepreneurs, there could be a surge in profits. There are various ways to deal with it. You could spend it, save it or invest it. What do you do with it?

Let me narrate the story of my friends - Dollar, Pound,Rupee, Euro, Bitcoin
"Dollar" got a raise.

All That Glitters Is Not Gold!

Us Indians have an involved relationship with gold. Gold is considered auspicious, pretty, is an investment and and is supposed to provide security to any portfolio. Our weddings are dazzled with the amount of gold displayed in the form of jewellery and ornaments. Not just women, but men also wear gold jewellery in one form or another.

Confession -

National Savings Certificates - NSC Bonds

When we think of investments, we think of big banks and investment companies. Today, there are lots of advertisements that attract us towards private set ups. Amidst all this marketing, we forget that our good old post office has many schemes available. One such sceme is called the National Savings Certificate commonly referred to as NSC bonds.

What is the National Savings Certificate?

Currency Notes - Dated Prior To 2005

Reserve Bank of India issued a guideline saying that pre-2005 notes will be withdrawn from circulation. The last date was to be 31st March 2014. The deadline has now been extended to 1st January 2015.

The Good Old Fixed Deposit!

We all love the good old fixed deposit. A fixed deposit also known as a term deposit is a simple product which offers safety and security. It is valued amongst people and has stood the test of time. So what should we look at before investing in a fixed deposit? Let us have a closer look.

What Is An Emergency Fund?

I have received a few emails asking me about an emergency fund. What is an emergency and why do we need it?
I have mentioned an emergency fund in two of my articles.
http://financesunplugged.blogspot.in/2014/03/how-do-i-plan-my-finances.html
http://financesunplugged.blogspot.in/2014/02/how-do-i-save.html
This article is dedicated to a friend who is saving a percentage of his salary every month in a sincere and dedicated manner.

What is an emergency fund?

How Do I Plan My Finances?

People ask this question in various forms. The words may be different but the meaning is the same. How do I start investing? How do I secure my child's future? How do I save? Is this a good fund to invest in? These questions sound different but ultimately mean the same. This post is dedicated to friend who is about to be a parent and requested an article on sound financial planning for a child. All of us should plan our financial life. Here is how to do it.

Aadhar Card and LPG Subsidy

Aadhar Card - Aam Aadmi Ka Adhikar. Aadhar card was released by the government as a unique identification card. The government has opened various centers so that one can apply for an Aadhar card. Till recently, it was also said that LPG (Liquefied Petroleum Gas) subsidy would be given to people who link their Aadhar card to their bank account and their LPG provider.

Money Addiction

This post is inspired by the recent article in the New York Times on money addiction - http://www.nytimes.com/2014/01/19/opinion/sunday/for-the-love-of-money.html

On this blog, I have written several articles on saving, being careful with money, investing wisely and on taking charge of your finances. After reading the above article, I wondered about money addiction. Are some of us addicted to money? Do we always wonder how to make and save the extra buck?