Engineer's Finance

Money Matters are mostly forbidden on the table in most of the Indian houses. The parents think that it is not a worthy topic to discuss while having food. These topics are not taught in school as well. Schools focus on scholastic and professional skills, not on financial skills. Isn’t it necessary for everyone to develop financial skills? One can notice that there are many successful professionals who earn a very nice income but they end up struggling financially. It does not matter how much you earn, what matters is how you manage your money. Continue reading →

Money is an essential commodity. I don’t know how many of you will be agreeing with me but it is just a commodity which is traded by one and all for something in return. Money is like any other commodity but the only difference is that it does not get perished as long as you believe in it and assume that it can be exchanged. Money functions as a medium of exchange, a unit of account, a standard of deferred payment, and a store of value. The dominant form of money is currency. Continue reading →