Keep Write

Director            Shashant Shah Cast                  Lara Dutta, Vinay Pathak, Brijendra Kala, Akshay Kumar Year                 2011 Genre               Drama I maybe working in the fashion industry for now but that has nothing to do with what I believe is fashionable in Indian Cinema these days.   And I am not talking about clothes – just to clarify.   I make the “fashionable” reference to the profession that is considered to be “in” as far as Bollywood is concerned these days.   It’s a 2 letter word and I don’t mean vegetable vendor or movie star or managing director.   It is the exceptionally lucrative profession of Investment Banking.   Every alternate movie has the lead male and in this ...

Prabu was a college student till yesterday. Today he has got a job. He has changed his costume from T-shirt and jeans to a formal wear with a tie. When he got his first pay cheque, his father advised him to save, his girl friend asked him to take her out on a date, and his friends wanted a party. Prabu was totally confused what to do with his first salary. What are all his actual priorities? Let us help him by laying out a step by step initial financial plan for him. Get a PAN Card: PAN Card is an ID card issued by income tax department. This card is useful in filing your Income Tax returns. Apart from this, the PAN card is very much useful in opening a bank a\c, demat a\c, investing in mutual funds and the like. The required documents for getting a PAN card is a passport size photo, address proof and an identification proof. You need to apply with either UTI or NSDL. They are the two approved agencies by income tax department for issuing PAN card. Personal Accident and Disability Ins...

Your wallet can be real pain for your back and the buttocks, and it can even lead to shooting pains down the legs. Sitting on a wallet for prolonged hours every day can compress sciatic nerve which passes beneath piriformis muscle and leads to piriformis syndrome, low back pain & self-inflicted sciatica. The wallet acts as a wedge that forces the pelvis, spine and body out of alignment. Just as you would not sit on a brief case or a rock for an extended period of time, you should not sit on your wallet. Anyone who drives more than a half hour sitting on a wallet, is a candidate for sciatica or back pain. The healthiest option is to move the wallet to your front

Today I am going to debunk a few investment myths. You will know ‘why individual investors are failing miserably and how you can avoid being one of them’. 1. I am too young to plan for retirement Have you started planning for your retirement? You may be saying ‘who me? I am too young to be thinking about retirement”. It is not so! Rethink. You should have started thinking about it yesterday. Because time flies quickly. If you were smart, and planned for retirement when you are young, your retirement years will be really those “Golden years”. If not you need to compromise and you need to work longer and retire later than others. 2. East or west FDs are safe and best Nothing wrong in investing in FDs. FDs are really safe and it gives us fixed return. But there is no meaning in investing all your money in FD. The post tax return of an FD will hardly beat inflation. If your investments are not beating inflation, then your money is losing its purchasing power. FDs are safe but not always th...

Let’s begin on planning finance for retirement: It is usual for many of us to aspire for a financially secure and happy retired life. However being financially prepared to meet the demands of retired life by saving and investing requires considering and following the 10 doctrines of wise retirement planning. A look at the 10 doctrines to wise retirement planning: 1) Provide for contingencies: Most of us tend to underestimate our retirement needs. Provision for medical emergencies with inadequacy of medical insurance in old age requires financial provision. Lack of government social security schemes and retirement benefits to self-employed and private sector employees creates requirement for more provision for contingencies after retirement. 2) Think that you will live long: This is true with increased life expectancy. Now you will have more years of life after retirement. Thanks to medical advancements. So it is better to plan for the additional years and avoid living frugally in old ...

SWEET AVAL / VELLA AVAL / SWEET POHA (SWEETENED BEATEN RICE FLAKES) BEATEN RICE  Flattened rice (also called beaten rice) is a dehusked rice which is flattened into flat light dry flakes. These flakes of rice swell when added to liquid, whether hot or cold, as they absorb water, milk or any other liquids. The thicknesses of these flakes vary between almost translucently thin (the more expensive varieties) to nearly four times thicker than a normal rice grain. This easily digestible form of raw rice is very popular across Nepal, North East India and Bangladesh, and is normally used to prepare snacks or light and easy fast food in a variety of Indian cuisine styles, some even for long-term consumption of a week or more. It is known by a variety of names: Poha or Pauwa in Hindi, Baji in Newari, Pohe in Marathi, Chindé in Bengali, Chira in Assamese, Phovu in Konkani, Chudaa in Oriya and parts of Bihar and Jharkhand, Atukulu in Telugu, Bajeel or Bajil in Tulu, Chudwey in Urdu(Dakkan...

How to become better at managing money? The best way to start is to avoid making costly mistakes that will be pulling you down and taking months or even years to recover. Many financial blunders are easy enough to avoid once you know what to watch out for. 1. Decision Paralysis Today there are so many choices, so many financial products and so many offers. It all bundled with financial jargons. It becomes really difficult for one to understand. Also there is plenty of information available on the web, on the media and on the neighbourhood. This makes decision making much more complex. All these things coupled with the fear of making a wrong financial decision lead us to the DECISION PARALYSIS. We don’t take any decision and start postponing it. 2. Ignoring Personal Finance Most of us think that we need to work hard to make money and build wealth. I agree that you need to work hard but that is not enough. You work hard for money. How the hard earned money can be left idle? If you could...