A reader asks, “Sir,  my daughter just turned five. We have been investing here and there without focus or a target. Can you please guide us on how we can plan for her future? The first priority is of course her education until the PG level and her marriage”. “We are aware of options like…

Freefincal was founded in May 2012. So that makes 10 years of blogging, data analysis, research, reportage, call it what you will. These are 10 financial lessons learned over these 10 years. We thank our readers and viewers on YouTube for their patronage. 1. Nothing works all the time, at all places. No strategy, no…

Personal money management steps are simple to appreciate but hard to implement. These are some of our behavioural finance learnings on why investors struggle to invest and manage money prudently. 1 We often forget that personal finance is personal. Every move that we make ideally should be tailored to our needs. Right or wrong decisions…

The freefincal journey has taught us several lessons about human behaviour. Formoremost among them is what most investors want without stopping to recognise that it is impossible! We can restrict ourselves to investors and not savers.  That is, we only discuss those invested in the capital markets directly (stocks, bonds) or indirectly (mutual funds). So…

Apurba and his wife are new parents who would like to know how they should plan and start investing for their daughter’s future. An illustration. Their daughter is only about a week old. Starting early and starting right is the most important step in securing a future for our child. Some people would say “take…

A finance influencer or finfluencer is someone capable of influencing investment or insurance or money management decisions based on the content they create (articles, video, tweets, Instagram posts etc.). Sadly, many of them are capable of harming our portfolios. A discussion. Note: We are acutely aware that the opinions presented below also applies to freefincal…

In this article, Suresh explains how he uses bank recurring deposits to efficiently manage his family’s annual expenses. I requested Suresh to elaborate his email into an article in the hope that it will benefit readers. Hello readers, my name is Suresh. One of the long-time freefincal readers. This year, I had to pay an…

In this article, we discuss what investors should do if they have already achieved their target corpus years before when they actually need the money. Today this may seem like an unlikely scenario for most young investors reading this, but over the years we have encountered so many people who are in this situation. Investing…

The emergency fund or a stash of money that is meant to handle unexpected expenses is one of the building blocks of personal money management. Yet, many aspects of it are not obvious unless we have first-hand experience. A discussion. First the basics: We recommend putting away 20% of your take-home pay until you have…

In this article, we discuss how to set up a guide for our life partner or spouse to help them manage money in our absence. Let us call this the continuity kit. Absence here not only refers to the death of the main money manager but also refers to situations like job transfers, promotions (with less…

Marriage is just a union of two souls. Isn’t it? Why bring money into the picture and spoil the sanctity of the union? Right? While these thoughts are awesome in your late teens and early twenties, they could wreak havoc in both your financial and married life. ‘Money cannot buy happiness, ‘money is the root…