Monthly Archives: August 2009

Debt Payment

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

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How much do I need to retire?

Retirement is always something that is kind of fascinating for me. I just have four years of experience in software industry and I think it is kind of enough. It looks dreadful at times. I just want to work for someone and just do something for me which am interested in. I don’t know what keeps me interested and that is a different story altogether. Retirement from the industry means I have made myself comfortable and living a lifestyle that I dreamt of and hope to continue the same till I die. Continue reading

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Stocks – Charts teach you

Stock markets around the world are in bad shape from quite some time. Not many investors are happy about the situation and they are not investing as they used to some 5 years back. The investors have lost the hope of something good is going to happen in near future. The markets seem very dull these days. In this period of time also one can analyze the situation and park in funds. It does teach you many things that otherwise we would not have noticed. Continue reading

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One Seriously Stupid Mistake

“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

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Software Engineer’s Money

Have you noticed that Bangalore, once a pensioner’s paradise has become one of the costliest cities in India. I have spoken to many people and all of them attribute this change to the software world brought about by namely the two Indian MNC, Infosys and Wipro. The older generation somehow don’t like the younger generation. They have far too many complaints and also think that the youth are not responsible enough. Whenever I speak to some elder, they say things bluntly on my face that “You are an engineer and you don’t know the value of money.” Continue reading

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