Budgeting for more money

Most of the time we don’t get an opportunity to do a planning for monthly income & expenses as expenditures are on continuous basis and demanding.  The process of doing a planning for expenses based on monthly income is known as budgeting. If we do budgeting it is possible to meet our needs even if the income is limited.   Type of family expense The expenses in a family have two parts – variable and fixed. The variable expenses can be decided upon whether to incur or not but fixed expenses has to be incurred in any situation to maintain …

Cryptocurrency, Bitcoin & others

Off late, cryptocurrencis getting lot of traction due to recent spurt in value of Bitcoins and others. Though conceptually it is not new, many people are yet to get a hang of it.  What is it? Is it going to stay? Is it going to be an alternate payment method? Is it going to be legal in all respect? Are we missing out an opportunity? These are the questions crossing minds of people who know about it. Before we take a call on all these question let us first understand what it is?  What is Cryptocurrencies ? It is derived …

The good and bad decision of buying a house

Buying a house property is one of the most delighting experiences in life. However, it could be both a good or bad decision. I would like to draw your attention into other dimensions related to purchase of house/flat. It is touchy still you can question – do you need to buy a house? Any individual and especially couple dream of owning his or her house and live in a dream home. In the process they lock up substantial money in constructing or buying the house. Many justify it as a secured investment, tax benefit, a shelter for any eventuality etc. …