FINANCE looks daunting. For me too.
I was in Rishikesh a few years back in the winters and one old resident told me, “The water is warm when the Sun has not risen. Try it”, with a straight face. Next morning, it was pretty dark when I waded into the “warm waters” of Ganga. Boy, Oh Boy! I did not expect the old man to be so cruel!!
But I had the bath of my life. It was invigorating and real fun! I came back and thanked the old man who had tricked me into that chilled out experience.
What’s that experience to do with Finance, you’ll say. Well, I’m an old man by some standards. (This should also mean that I’m young by other standards:). And I want you to have fun with Finance.
Let’s take a look at what Finance means and I’m sure you will find it Fun, Interesting, Nasty, gives an Advantage, Not Precise, Creative and Exciting.
Finance itself has a very wide meaning and it encompasses Business Finance, Personal Finance and Government Finance in general. We will focus on Personal Finance only.
Your questions in personal finance would revolve around the following:
Your Personal financial decisions will involve paying for education, financing durable goods such as real estate and cars, buying insurance, e.g. health and property insurance, investing and saving for retirement. Personal financial decisions may also involve paying for a loan.
Phew! Are you prepared to wade into the”warm’ waters of Finance? Welcome. Why don’t you subscribe by Email or Feeds We can travel together.











