Aspects of Personal Finance That Can Never Be Calculated (with Excel!)

Albert Einstein is supposed to have said, ¬†‚ÄúThe more I learn, the more I realize how much I don’t know.‚ÄĚ. Aristotle is also credited with a similar quote.¬†Applied to what I do at freefincal, that quote would read as, “The more I stare at Excel sheets, the more I realize their limitations”. Here is a…

Continue reading →

Homeschooling is essential for every child since our school system sucks!

“Schools suck, the system sucks, everyone sucks”. Sounds familiar? You may have probably said at some point in your life – perhaps as a parent, perhaps as a student and perhaps as a teacher!! A discussion on why homeschooling is essential for every child, whether they go to school or not! Before we begin, a…

Continue reading →

Wanted: Teachers who can lie to students without hesitation!

I¬†often wonder about¬†who is a teacher?¬†Or what defines a¬†good teacher.¬†People often expect a teacher to inspire and motivate. How exactly does a teacher do that? A teacher without passion can¬†suck out the soul and spirit of eager young minds much like a dementor in the Harry Potter stories. Unfortunately, many join up as teachers because…

Continue reading →

Misconceptions about frugality

Here are some common misconceptions about frugality and frugal folk. What is frugality? Wikipedia makes a wonderful reference to a behavioural science research paper titled, “Lifestyle of the Tight and Frugal: Theory and Measurement” The authors state, “Frugality is conceptualised as a lifestyle trait reflecting disciplined acquisition and resourcefulness in product and service use. Frugality…

Continue reading →

Are fixed income investors financially illiterate?

Any keen follower of personal finance space would have encountered their fair share of ‘why you should invest in equity?’ articles and ‘why equity alone is capable of beating inflation over the long-term’ arguments. ¬†Things have come to such an end that fixed income investors are considered as not being financial literate. This kind of…

Continue reading →

Do exams test ability to reproduce content or understanding?

Last week I had written a post about exams:¬†Do marks determine the future of our children?¬†and received many insightful comments (as always). Two comments rang ¬†a few bells in my head. Hence this post. Context: I wrote,¬†Marks represent effort. Marks do not represent knowledge or intelligence. Mr. Arvind wrote: there is a difference between ”…

Continue reading →

Has arranged marriage become an impossible challenge in India?

Due to increasingly specific demands from the boy and girl, arranged marriage is becoming harder and harder to accomplish, at least in urban setups. Has it become an impossible challenge for some communities? A few decades ago, it was important to have a steady job (assuming other more important metrics like caste, religion, sect, sub-sect,…

Continue reading →