Thursday, 14 March 2024 / Published in Money Mindful
Don’t put all your eggs in one basket. We’ve heard this proverb. It’s the simple principle behind the fancy jargon called asset allocation. It’s the best thing you can do for building your wealth over time but consistently and mindfully. What is asset allocation? Simply put, it’s how your wealth or assets are split between
Thursday, 14 March 2024 / Published in Money Mindful
People think economics and finance are about numbers but remember I said finance is not a hard science like physics but a social science …so actually about people. People make up the markets that we hear about…people like you and me called retail investors but also the professional fund managers called institutional investors. And we
Thursday, 14 March 2024 / Published in Money Mindful
In the post on risk, we talked about how investment risks…what’s inherent in the investments we make. They were external risks. Now let’s talk about internal risks…what’s inherent in us. How we react to those external risks, how we view the world, how we view money. What’s a risk profile? When you go to any
Tuesday, 12 March 2024 / Published in Money Mindful
We’ve all heard that mutual funds are subject to market risks at the end of every ad on mutual funds. But what does that mean? And what do we do about it? Today we will discuss risk. Firstly we will try to understand what risk is, then understand different types of risks and then we
Tuesday, 12 March 2024 / Published in Money Mindful
Once you do the budgeting process to figure out how much we can save, we need to turn the savings into investments. This means we make our money work. In savings, the money sits idle in currency form or in a bank account earning very little. When we consciously put it to work, it’s called
Tuesday, 12 March 2024 / Published in Money Mindful
When we leave the house, we usually want to go somewhere, whether it’s a place of work, or education, or shopping, or worship, or recreation…. Only then can you decide what route to take, what method of transport to take, even how to get dressed. So it’s important to know where you are going, right?
Tuesday, 12 March 2024 / Published in Money Mindful
As we have seen in the previous post, personal finance is basically managing how we spend, protect and grow our money. The process of planning personal finance is financial planning. The principles are simple. But that doesn’t mean it’s easy. It’s like managing our health – we know we need to eat well and exercise.
Tuesday, 12 March 2024 / Published in Money Mindful
We all need money…maybe not as an end… but as means.  We need money as a medium of exchange…to be able to buy goods & services that we can’t make or provide ourselves. So we work in areas we are good at to create surplus, which we convert into money, and convert into whatever goods
Tuesday, 12 March 2024 / Published in Uncategorized
As I launch another financial education series, I want to share why I do what I do. I have been working on financial education for decades. It all started during the dot com boom I first started working on investor education in 1999 as a twenty-something year old working at an influential investment research firm
begin investing
Tuesday, 20 October 2020 / Published in Growth Pillars, Invest
If you want to understand mutual funds beyond the cute ads, here is all you need to know
Start investing
Friday, 16 October 2020 / Published in Growth Pillars, Invest
So you want to start investing and don’t know where to start? This post will outline key concepts and then provide links to actually start investing…check this post regularly over the next few weeks What is investing? We have provided a high level outline with links to 18 one-minute videos in this post …please watch
Thursday, 15 October 2020 / Published in General
I used ‘educator’ on my LinkedIn heading before being told it sounds like a professor. Not that there is anything wrong with being a professor – I would love to be one, in fact – but it just intimidates my audience of mostly women and young people (for The Money Hans initiatives). I could tell
Tuesday, 05 May 2020 / Published in Courses
Money. We all need it, want it, desire it. Ok, fine we don’t desire money for its own sake but we desire what money can buy. But we don’t ‘get it’. Doing your finances is probably the most boring ways to spend your evenings or weekends. I get it. Let’s re-imagine a way to learn
financial planning
Wednesday, 08 April 2020 / Published in Architect Blueprint, General
How much do you think your net worth has fallen as a direct result of CoVid? It seems a simple enough question. I hear of many people seeing the lower value in the equity mutual fund portfolio statements, comparing it to the highest they have seen it to be in the recent past, and concluding
Monday, 30 September 2019 / Published in Architect Blueprint, General
People don’t talk about money; women even less so. Strangely, money is still one of the taboo topics in Indian society, along with sex even as politics and religious discussions have become a norm in living rooms. I asked my girlfriends about why they think this is – they simply shrugged and said something along
Sunday, 20 January 2019 / Published in Invest
Yes, REITs, InvITs and AIF are all funds. If the product has the word ‘fund’ or ‘trust’ in the name, then it is a fund. Will expand on these here. Frequently asked questions
Friday, 26 October 2018 / Published in Architect Blueprint, Courses
The ‘Architect Blueprint’ suggests you know your own capabilities, and also the ‘lay of the land’ meaning the environment. To that end, I have created a series of videos that explain basic terms in black & white, using a whiteboard. These videos are only one minute each, so you can watch them all in one
Be Money Confident series
Tuesday, 21 August 2018 / Published in Architect Blueprint
Women constantly tell me they find investing boring and complicated. They tell me they wouldn’t like to lose their hard-earned money in what appears to be a casino – the sharemarket. They tell me they don’t want to spend their precious time looking at financial investments. Here’s the thing. All these statements show women have
Sunday, 15 April 2018 / Published in Essentials Foundation, Save and Spend
A budget is basically a plan on how to spend the income you have. One way to do this to first track all your expenses for a few months and then set up a budget to trim your ‘lattes and avocado toasts’. Personally, I’ve never liked the idea to focus on such details. Let me
Tuesday, 03 April 2018 / Published in Architect Blueprint, Save and Spend
Before you start on a journey, you need to know the destination. At least the general direction. Similarly, the first step (ok, maybe after understanding your relationship with money as When planning your holiday, you may look at pictures of possible destinations. When planning your home renovation, you may put together a mood or
Tuesday, 27 March 2018 / Published in Architect Blueprint
I hope you have watched my two videos on how you can think about your wealth using toy building blocks. If not, here are the links – The Money House – Concept The Money House – Calculating net worth and wealth allocation If you don’t have building blocks lying around the house, you can use my
Tuesday, 20 February 2018 / Published in Earn
“At the age of 23, Hansi wrote to the CEOs of 10 top firms, asking if she could buy them a cup of coffee and let her pick their brains.” This line in the HerStory article in January 2016 seems to have encouraged hundreds of youngsters to write to me over the past two years. I am yet
Tuesday, 20 February 2018 / Published in Growth Pillars, Invest
I got my first taste of sailing a few months after I’d seen the ocean for the first time. It was an amazing experience – the sight of the blue sky and bluer water, the wind in my face, the thrill of the yacht tilting…I was hooked!…though I didn’t get a chance to sail again
Wednesday, 27 September 2017 / Published in Architect Blueprint, Invest
In this teaser for the web-series I made last year, the all-knowing finance professional Mr Sikka says ‘Finance is when savers invest in the real economy…hedge their risks through various financial instruments…and understanding your risk profile by coming up with optimum asset allocation.’ What??!! Sikka is not wrong. But because he, like other finance professionals,
what trekking reminded about investing
Wednesday, 26 July 2017 / Published in Growth Pillars, Invest
“A trail in the Sahyadris doesn’t qualify as a trek! It’s a walk in the park compared to a real trek,” exclaimed a friend when I posted the picture on facebook. I was still proud of having made it to the top in the pouring rain as a novice, and more importantly back down without
Wednesday, 05 July 2017 / Published in Architect Blueprint
It’s an economic forum for women. The hotel venue is swarming with women. You’d think they would be keen to discuss money given the economic theme. But they don’t turn up to the session. There could be many reasons, but it made me think about the topic generally, as I’ve been told repeatedly that women
Thursday, 09 February 2017 / Published in Architect Blueprint, Invest
I had just finished a graduate diploma in applied finance and investments. With distinctions in a few subjects. I was feeling confident too. I had just got the job as an analyst by writing to the CEOs of leading research houses and investment consulting firms. Ok, perhaps, bordering on over-confident. I was 23. When I
Saturday, 21 January 2017 / Published in Architect Blueprint, Personal Finance
The Guardian has one. The New York Times has one. Sydney Morning Herald has one too. The Times Of India has one too. Most newspapers have a personal finance column. Obviously money is a popular topic. I must have read thousands of personal finance columns. I started writing one here about a year and half
Tuesday, 15 November 2016 / Published in Architect Blueprint, Personal Finance
Good journalists do a great job of synthesizing different points of view into one coherent article, simplifying it for the reader in the process. Good articles quote experts, presenting a balanced view of different opinions. Ideally, the ideas should be more important than the authors. However, when it comes to investment or financial planning advice,
How to get really rich - put all eggs in one basket
Tuesday, 27 September 2016 / Published in Fun Money Roof, Invest
You must have heard the saying, “Don’t put all your eggs in one basket.” But the richest investor in the world, Warren Buffett, says, “Put all your eggs in one basket and watch the basket very carefully.” Wonder why? Look at anyone who’s really rich – Bill Gates, Mark Zuckerberg, Steve Jobs, etc. How did
Wednesday, 20 January 2016 / Published in Growth Pillars, Invest
When people hear the leader of a country comment on how a credit rating agency should rate its debt, they realise credit ratings are important. When they read about the role of credit ratings in the global financial crisis, they get angry about the finance industry being responsible for their misery, but figure they must
Tuesday, 27 October 2015 / Published in Essentials Foundation, Save and Spend
Just when there are studies that show that money doesn’t lead to happiness, how can I claim that having a stash of emergency money will make you happier? Actually, the studies refer to money above a certain level. Everyone needs some money to cover basic physical needs (like food, home, clothing) and security needs (like
Monday, 03 August 2015 / Published in Growth Pillars, Invest
At the very basic level, investing is either you lending money or taking a stake in a business. As simple as that! Imagine a friend setting up a new business, say a restaurant. He asks you to invest in his venture. He gives you two options – either you can loan him some money, which