The First Sign: A Salary Slip With Almost Nothing Left EMI deduction limit PSU employee salary: there isn’t a clean answer, and you only find that out the hard way. A colleague of mine once opened his salary slip and found a negative number where his net pay should have been. Not a low number. … Read more
I Had Never Heard of Any of These Rules — And That’s the Problem I had never heard of any of these rules until I started researching for this blog. Not one. Not the 50/30/20 budgeting rule, not the 40% EMI limit, not the 6-month emergency fund guideline, not the 20/4/10 car buying formula. And … Read more
It Feels Like Another EMI. I Did It Anyway. Yesterday I set up two fortnightly SIPs. ₹500 fortnightly in ICICI Prudential Nifty Next 50 Index Fund — Direct Growth. ₹500 fortnightly in Motilal Oswal Nifty Smallcap 250 Index Fund — Direct Growth. Total: approximately ₹2,000 per month. First payments already made. Next due date: 15th … Read more
I Want to Tell You Something Nobody in Personal Finance Will Admit Most personal finance blogs are written by people who got everything right. They started their SIP at 22. They never touched F&O trading. They maxed their PPF every year. They retired early and now teach others how to do the same. Good for … Read more