A recent report by a Leading Banking Group in the US found that nearly 50% of all households in the United States save no money at all. The US Department of Commerce statistics point out that overall, Americans save only about 5% of their income. Most of their savings are either in a personal savings account which actually pays under ...
A recent report by a Leading Banking Group in the US found that nearly 50% of all households in the United States save no money at all. The US Department of Commerce statistics point out that overall, Americans save only about 5% of their income. Most of their savings are either in a personal savings account which actually pays under ...
“Wealth consists not in having great possessions, but in having few wants” – Epictetus One of the richest people I know doesn’t own a car; nor does he use an office car. He instead prefers to travel by cab. This guy owns almost everything but a car; sitting on a diversified investment and asset portfolio which includes anything from land, ...
I was talking to a friend on Friday about how election results might turn out next week. Most Sri Lankans believe that it might become a tight squeeze for the eventual winner. I wanted to see if I could build a simple model for this thing to see what the fuss was about. In this I’ve looked at a few historical elections and analyzed ...
Over the last two years, many of my friends have gotten hitched. Maybe it’s because breaking the psychological barrier of 30 gives you new perspective. Maybe it’s because in this country there’s an unwritten rule that says you need to be married by at least 31 otherwise which questions will be raised. Recently I met a friend who mentioned how ...
Ever since I read Robert Kiyosaki’s “Rich Dad Poor Dad” I’ve been taken up with the notion that any fool can dispense financial advice. I plan to indulge that fool within me with this little blog. Just like many materialistic mortals, money fascinates me. I want to make more, work less and make the most of what I make. I ...
