Engineer's Finance

Debt is one of the scariest words that frighten most of the individuals. Generally I have noticed that most of the engineers have at least one loan, the common loans that they take are, educational loan, personal loan, car loan or home loan. There are many packages generally for engineers so that they can pay the banks EMI easily. It does not look like a burden but if you analyze it is. Debt is not a bad thing according to me. We need not be scared of debts. The nation takes debt to improve the situation of the people and in turn make money to survive. Continue reading →

“To Err is Human, to Forgive Divine”. This is a common Idiom in English. I have told this millions of time to myself so that I don’t get stuck with the guilt. Agreed that people make mistakes and also there is no point in just keep thinking about the mistake. The better option would be to forgive them and move on. When finances come into picture, an error costs money and sometimes big money. I have had my share of stupid mistakes. Why I call it mistake is, I could have averted it but thanks to my attitude towards finances and the knowledge I had in the credit card world ensured I pay for it and handsomely too. Continue reading →