How expensive are our schools? Please participate in this survey

You may have seen the fee schedule of Bishop Cotton school in Bangalore go viral on social media in the past few days. Please participate in this simple survey so that we get a collective idea of how expensive our schools are. This is totally anonymous and no direct personal information is asked. It will only take a few minutes of your time.

After you participate in this, please do consider sharing this post with whatspp parents groups and with the sharing buttons on the left. We need a good number of responses to make the poll results meaningful.  Those who are not yet parents, please share it with those who are. read more

Want to be financially free? Do not count on frugality! Worry about sequence of returns risk!

If you are someone who desires early retirement or you just want to save up enough to ensure income for a few years while you get your startup off the ground, then you probably should have come across* terms like frugality, FIRE, safe withdrawal rate = 4%, savings rate etc. These are some of the lingo tossed about in the so-called financial independence and early retirement (FIRE) forums and communities. Useful as these groups are, I discuss why you should not take their enthusiasm about frugality too seriously else you may risk exhausting your retirement corpus quicker than expected. read more

What is a living will, why is it important, how to make one & how it can help our loved ones

Let us discuss what is a living will, why it is important, how to make one and how it can help our loved ones. On March 9th, 2018, the Supreme court of India allowed passive euthanasia and recognised a directive of a terminally ill patient to withdraw life support. The court also put into place guidelines until this becomes a formal law. I discuss what is a living will, its importance and how to make a living will. You can download a sample below. read more

Lessons from my SIP in Sundaram Select Midcap Fund

I have Rs. 500 SIP running in Sundaram Select Midcap fund since Aug 2009. As readers may recall*, this is not for me, but for a relative, started when she was about one for her college. Here are some lessons from that investment. I was using this to prepare slides for a “basics of money” corporate meet next week and I thought this might warrant a post.

* See: Stock Market Overheated? Worry About What is Invested and Not When to Invest! read more

Our elders were right! Why it makes sense to have children as soon as possible!

Our elders were right all along! In hindsight, it makes perfect sense to have children as soon as possible. A discussion on the health and wealth benefits of starting and completing a family asap.

“It’s so difficult, isn’t it? To see what’s going on when you’re in the absolute middle of something? It’s only with hindsight we can see things for what they are.”
― S.J. Watson, Before I Go to Sleep. read more