Do I Need A Life Insurance Policy?

For a lot of us the answer is yes.  However, there are some people who do not need a life insurance policy. If a policy is needed, one must get the right kind of policy. There are options between term insurance and ULIPs. Which one should you get?

How Do I Save?

This is a question I get asked often.  I posted an article where I mentioned that we should all set aside an emergency fund. This fund should consist of six to eight months of living expenses and is for emergencies like loss of a job, car and house repairs or any sudden need for income in the family. My friends asked me how to save. The answer is simple. Savings are an ongoing process. We have to be at  it for a while and then it becomes the normal way to live

I sat and thought about how anyone saves money and here is what I could come up with :

Should I Invest In A Public Provident Fund ?

YES ! The answer is short, sweet and simple. Public Provident Fund also known as a PPF account can be opened by any resident in India. It is a safe and sound investment which does not get much media attention since it is boring (read secure) and does not have the adventure and excitement that trading in shares or equity has.

The Devil Wears Prada

The Devil Wears Prada - a famous movie about a strict and demanding boss in the fashion industry. It is believed that the movie is based on a real life character. We get to see a lot of big brand names and the top fashion releases in this movie. Prada, of course is a big and expensive brand name which sells clothes, bags, shoes among other things.

A question that has puzzled me often -  why do we love buying expensive branded products ?