Many of us struggle with money management decisions because we are judging “right vs wrong”, “good vs bad” with incorrect benchmarks. Our definition of what is simple and what is complex in personal finance is also incorrect. If personal finance is more personal than finance, then simplicity in personal finance is also personal. When we…

We had pointed out on April 7th that since the market has lost momentum, now is a good time to rebalance our portfolios if there is a need for it. I have just rebalanced my retirement equity portfolio for the first time in nearly 13 years (video below). In response to this, a viewer on…

This is an updated demo of the freefincal robo advisory template. I walk you through the template’s capabilities and how you can create a complete start to finish financial plan with it. As of 29th June 2021, 567 investors and financial advisors are using the template. The template was recently featured in the Economic Times:…

When it comes to managing our money, there are several questions to ask. (1) Should I do it myself? Can I do it myself? Or outsource it to a professional? (2) If I wish to outsource, who should I contact, what should I expect, what questions should I ask them? For the last six-plus years,…

It is now a little over a month since the release of my new book for kids “Chinchu gets a superpower!“. Here is what parents have to say about it 🙂 What do readers say? I loved the way you carried the discussion forward. I just have two words – Structured and Free Flowing. Great…

If I have multiple goals likes retirement, holiday, 1st child’s college fee, 2nd child’s college fee etc., can I use the same mutual fund for all of them, or should I invest in separate mutual funds? A discussion. We have to pull out the “it depends” card for this one. Also, which approach is “simpler”…

Let us consider the possibilities for an interesting question from Akash received a while ago. “It will take me 10 years to reach my asset allocation goal of 50% equity and 50% fixed income. Can I reduce this time by withdrawing whatever I can from PPF and invest in equity mutual funds? I shall also…

In this article aimed at new investors, we compare managing an investment portfolio with the task of staying married. If you spend some time in an investment forum, you will notice a distinct pattern: members want the best mutual fund to invest in for the next 10 years or 15 years; they want to know…

In this article, Ahirjoy Biswas explains the importance of Personal Cyber Security Insurance; why it is important; what to look for in such policies and where to get one in India. About the Author: Ahirjoy Biswas is a Computer Science Engineer and has over 18 years of experience in the IT and BFSI industry. The…

If there is one word in personal finance that is mostly misunderstood, it has to be frugality. After the 2008 financial crisis, it became popular online when people with uncertain or no jobs had to relearn money management. A frugal person is often misunderstood to be a miserly person who deprives themselves of worldly pleasures…

Here are some financial lessons from our childhood stories! This is a guest article by Srivatsan, who would only like to be referred to as a “long-time reader” of freefincal! He has written several articles here before and is responsible for adding the Earnings power box feature to our stock analyser. His previous articles are…

My new book for kids: “Chinchu gets a superpower!” is now available! Here are the details on what the book is about; how to use it and how to buy it. What is this book about? As parents, if we had to groom one ability in our children that is key not only to money…

It goes without saying that the protection of online privacy and financial transactions are of utmost importance. This article discusses how we can protect our privacy with strong passwords and how to manage these passwords safely. About the author: Rajavel is a Computer science Graduate from NIT Trichy. He currently works as a software engineer…

Does your child want the new Sony PlayStation 5(PS5)? Maybe they want an Xbox? Maybe you know a friend who is planning to buy these. However, do not buy these gaming consoles! In our new ebook, tech expert Ravi Kumar presents a step by step guide for non-techies with all relevant resources to build a…

Many of us start managing money and investing late. In this article, Jayashree Francis explains from experience how you can quickly get your finances on track. About the author: Jayashree is a content manager and learning professional, with over two decades of experience in a career spread over academics and the industry. She is a late…