Ebook: Young earners guide to money management

Published on / By M. Pattabiraman Twitter: @pattufreefincal / 2 Comments

Published: September 20, 2015 at 5:10 pm

Last Updated on December 30, 2015

Here is a compilation of selected posts from the young earner category, meant as a ‘getting started’ money-management guide.  I have not made any attempt to connect the posts, but I hope the sequence should make enough sense for the reader to introspect about money management and enumerate the necessary steps to get started.

This ebook is meant as a prequel to the previously published, ebook on DIY personal money management

Starting Early

Contents

  1. How to manage money with an expensive lifestyle
  2. Tracking and managing expenses – priorities
  3. Looking for books on personal finance? Know what to look for first!
  4. Passive income requires ‘active’ management
  5. Personal finance essentials
  6. Financial fortification
  7. Terms of reference for money management
  8. How long does DIY personal finance take?!
  9. What is your financial comfort zone?
  10. How to choose the right financial product?
  11. The five I’s of personal finance
  12. Investment options for short-term goals
  13. The young earners guide to mutual fund investing
  14. Mutual fund Do’s Don’ts and Myths
  15. Minimalist portfolio ideas
  16. Turnkey mutual fund solutions
  17. PPF of ELSS? Where should I invest to save tax?
  18. Do not invest Rs. 1.5L lakh in PPF!
  19. To buy or to rent? That is the question.
  20. What percentage of my monthly income should my home loan EMI be?
  21. Simple ways to protect out online privacy
  22. Should gold be part of our long-term portfolio?
  23. A checklist and calculator (link!) for early retirement in India
  24. Do not let a retirement calculator get you down!

Do let me know what you think. If you find it useful, please do share it with your friends.

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      About The Author

      Pattabiraman editor freefincalDr M. Pattabiraman(PhD) is the founder, managing editor and primary author of freefincal. He is an associate professor at the Indian Institute of Technology, Madras. He has over nine years of experience publishing news analysis, research and financial product development. Connect with him via Twitter or Linkedin, or YouTube. Pattabiraman has co-authored three print books: (1) You can be rich too with goal-based investing (CNBC TV18) for DIY investors. (2) Gamechanger for young earners. (3) Chinchu Gets a Superpower! for kids. He has also written seven other free e-books on various money management topics. He is a patron and co-founder of “Fee-only India,” an organisation promoting unbiased, commission-free investment advice.
      Our flagship course! Learn to manage your portfolio like a pro to achieve your goals regardless of market conditions! ⇐ More than 3000 investors and advisors are part of our exclusive community! Get clarity on how to plan for your goals and achieve the necessary corpus no matter what the market condition is!! Watch the first lecture for free!  One-time payment! No recurring fees! Life-long access to videos! Reduce fear, uncertainty and doubt while investing! Learn how to plan for your goals before and after retirement with confidence.
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      Our new book for kids: “Chinchu gets a superpower!” is now available!
      Both boy and girl version covers of Chinchu gets a superpower
      Both boy and girl version covers of Chinchu gets a superpower.
      Most investor problems can be traced to a lack of informed decision-making. We have all made bad decisions and money mistakes when we started earning and spent years undoing these mistakes. Why should our children go through the same pain? What is this book about? As parents, what would it be if we had to groom one ability in our children that is key not only to money management and investing but to any aspect of life? My answer: Sound Decision Making. So in this book, we meet Chinchu, who is about to turn 10. What he wants for his birthday and how his parents plan for it and teach him several key ideas of decision making and money management is the narrative. What readers say!
      Feedback from a young reader after reading Chinchu gets a Superpower (small version)
      Feedback from a young reader after reading Chinchu gets a Superpower!
      Must-read book even for adults! This is something that every parent should teach their kids right from their young age. The importance of money management and decision making based on their wants and needs. Very nicely written in simple terms. - Arun.
      Buy the book: Chinchu gets a superpower for your child!
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      Gamechanger: Forget Startups, Join Corporate & Still Live the Rich Life You Want Gamechanger: Forget Start-ups, Join Corporate and Still Live the Rich Life you wantThis book is meant for young earners to get their basics right from day one! It will also help you travel to exotic places at a low cost! Get it or gift it to a young earner.

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