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[1 Sep 2008 | No Comment | ]

If you’re new here I invite you to see the SiteMap. I’ll be delighted if you want to subscribe to my RSS feed or Email alert. Thanks for visiting!Indians may take the ‘a penny saved is a penny earned,’ maxim seriously, but a 9 per cent robust growth rate, saw an increasing number of them spending more than before. According to the Reserve Bank of India’s annual report, though net household savings in ab solute term went up by 8.18 per cent to 5,26,033 crore in 2007-08, as a percentage …

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Financial Literacy Series, Personal Finance »

[31 Aug 2008 | No Comment | ]

Ideasmoney shares an interesting story about a friend on Saving/Investing Regularly
It’s a story about a guy who got a car ( worth almost 7 Lakhs) out of just 70,000 which he invested a decade ago and left with some good money too!!On the contrary lets look at a person who buys a car on EMI. he pays almost 15% as interest. By making money work for you ..you tend to gain in the long run. But this requires tremendous patience and a systematic approach.
Check out the full story

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