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Wealth Creation for Indians
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2006 August « Rupee Manager
https://rupeemanager.wordpress.com/2006/08
Wealth Creation for Indians. In a race, a person who runs a pre-defined length of space and in the shortest time, wins the race. Similarly, to find whether we have achieved our financial freedom, we need to set our financial goals. By achieve financial independence, I meant that I wont be working for money as such. So this means I should have sufficient money power (buying power) to lead the remaining of my life. Quite a big target. Assuming current inflation rate to be 6%. What does it mean? How much ar...
2006 August 08 « Rupee Manager
https://rupeemanager.wordpress.com/2006/08/08
Wealth Creation for Indians. How much are you worth? In my previous post I explained about what constitutes assets and. Liabilities. In this post I will deal about Net Worth, how to calculate. It and the need for calculating net worth. Want to know where you stand financially? Then calculate your “ Net Worth. 8220; As I explained in my previous post,. Net worth is your total assets minus total liabilities. So lets see where I stand financially. Networth = 48750 – 0 = Rs. 48750. Concept. In short. Increas...
2006 August 07 « Rupee Manager
https://rupeemanager.wordpress.com/2006/08/07
Wealth Creation for Indians. Difference between Asset and Liability. Before proceeding on our journey towards attaining personal freedom, I have to know whats my net worth. Now what is net worth. Net worth, for a company is total assets minus total liabilities. Refers to the amount of cash being received (positive cash flow) and spent (negative cash flow). Liability are anything which we owe to others like loans, or like those activities which results in a negative cash flow. Cash Flow per year. This exa...
rupeemanager « Rupee Manager
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Wealth Creation for Indians. Moved to rupeemanager.blogspot.com! I have started posting regularly on www.rupeemanager.blogspot.com. Earlier I intended to update both the blogs, but owing to difficulty in managing both the blogs, I have abandoned this idea. So please visit www.rupeemanager.blogspot.com. October 30, 2006. Assuming current inflation rate to be 6%. What does it mean? So coming back to the point, we should define our financial goals like this:. 1 Long Term goal. 2 Short Term goal. There would...
Financial freedom « Rupee Manager
https://rupeemanager.wordpress.com/2006/08/07/financial-freedom
Wealth Creation for Indians. I intend to track my progress to attain financial freedom. Financial freedom. As defined at wikipedia. Is a well-planned lifestyle where one no longer is required to work for income to cover their expenses. Financial freedom can be achieved in one or more of the following ways. Inheriting a legacy (not all of us have this luck). Marrying a rich lady (worth trying😉 ). Working and working and working (This gives us only money but still we need to work). Cover all my expenses.
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About Personal Finance and Money Management for the young Indians. Friday, January 05, 2007. Linkfest #2: Investing Thoughts. After a long vacation, I am back. Sorry for not informing you all about this long vacation. I am preparing an article on "Risk of Inflation" for the game plan series. Found good articles while browsing, hope you wouldnt like to miss it. 10 tips on how to make MORE money. How to avoid mistakes and make safe investments. Investment motto = Earn - Save - Spend. Links to this post.
RupeeManager: Learn how to be a smart money manager | Financial Planning, Money Management and Investing
Darr; Skip to Main Content. About Money Management Workshop. We're happy that you found us. We're happy that you recognize the importance of managing your own money. Time and money are the two most important resources in our life. And it's a great idea to upgrade your money skills. Money management is about improvement in your future life. This can be done by creating a financial system for important things in order to live a meaningful and rich life. Learn more about the workshop.
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Wealth Creation for Indians. Moved to rupeemanager.blogspot.com! I have started posting regularly on www.rupeemanager.blogspot.com. Earlier I intended to update both the blogs, but owing to difficulty in managing both the blogs, I have abandoned this idea. So please visit www.rupeemanager.blogspot.com. October 30, 2006. Assuming current inflation rate to be 6%. What does it mean? So coming back to the point, we should define our financial goals like this:. 1 Long Term goal. 2 Short Term goal. There would...
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