Author Archives: Saran

02/07/2009
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Personal Finance

7 Rules to Increase Your Wealth – Part 1

These are not the only set of rules to increase your wealth. These are just my thoughts as to how to increase your wealth. These rules I have set to myself and I want to share the same with you.

Rule no. 1: Set the goal

This is the most important step in the direction of increasing your wealth. It is very difficult to make a path without knowing the destination. I have had always this problem of not setting the goal and roaming aimlessly of doing something. Then I realized it is very important to set goals and if you don’t know how to set goals, read up about goal setting or attend courses about goal setting. It is very important. Goals are as important as wealth. If you know exactly where you want to go and when you want to reach you will make sure that everything falls in place for you and believe it or not it happens knowingly or unknowingly. Continue reading →

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01/07/2009
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Personal Finance

Bad Debt

I wanted to explain about “Bad Debt” for quite a while but I was not quite sure how to go about it. I am sure most of you will know about the financial turmoil that the world is facing and that is mostly attributed to the US and the bad debt of US. I had read about the same lots of time but it was way too complicated and it had all the financial terms that I could not clearly put across. Recently I had a talk with one of the acquaintance and that led me to write this article. Continue reading →

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29/06/2009
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Personal Finance

Interesting Facts

These are some of the facts that I have collected over the years about money which I thought I will share it with you. I don’t have the source from where I have the following information so please forgive me for not providing it and I don’t take the ownership of the following information.

In olden days Spanish coins were known as pesetas and centimes. There were fifty centimes coins, and also coins of one and two and one half pesetas. The coins carried the portrait of Francisco Franco. Italian coins were called lira. Continue reading →

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28/06/2009
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Personal Finance

Deflation

These days India is facing deflation. I was curious to know more about it; hence I found that out and am sharing the same with you. Deflation is opposite of inflation. The definition of deflation can be put as the real value of money increases. Inflation reduces the real value of money over time. Continue reading →

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16/06/2009
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Work

An Interesting Article

This is a mail forward which I got recently. I have no opinion about it. Just thought of sharing it, that is it.

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Some, rather most organizations reject his CV today because he has changed jobs frequently (10 in 14 years). My friend, the ‘job hopper’ (referred here as Mr. JH), does not mind it…. well he does not need to mind it at all. Having worked full-time with 10 employer companies in just 14 years gives Mr. JH the relaxing edge that most of the ‘company loyal’ employees are struggling for today. Today, Mr. JH too is laid off like some other 14-15 year experienced guys – the difference being the latter have just worked in 2-3 organizations in the same number of years. Here are the excerpts of an interview with Mr. JH:

Q: Why have you changed 10 jobs in 14 years?
A: To get financially sound and stable before getting laid off the second time. Continue reading →

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