Well i am just another person like you. I am in mid 30's and have interest in personal finance.
I would say I am basically a self-taught person on the subject, and have improved my know-how over the period through lot of reading and discussions with my friends, family and relatives.
I had a stint with finance education when I did my executive MBA from IIM K, and beleive me that has helped me giving structure to my thought process.
I am starting this blog series to impart all that i know to who ever seeks. This will possibly help you understand the basics and get you create a structure for your daily finances.
Consider that you have a family income of over a lakh per month - that you know ofcourse, and by the end of month you may end up with few thousands in your account. Now, let's say you have been in job for last 5 years .. do you know what's your net worth today?
You might be putting some money to PPF or ULIPS or endowment plans or else to make sure you save on tax at end of the financial year. But, do you know if you save enough for that ultimate car that you want, or the house that you wish to buy (should you buy or rent?) or finally the must goal for everyone with a Job today - Retirement. Do you really know how much money you need for retirement? And what you think you need, do you know if that would be sufficient for you?
Well there are lot many such questions. I have tried to answer many of these for myself, and am kind of comfortable with the answers i have got. I have tested my framework with few of my colleagues, friends and family and they could identify the value that it brings.
Most of these services are free and I would be happy to help you. If in case you want a more personalized discussion, I may charge for the time and effort that I shall be putting in. I don't get any money for the recommendation or suggestions I make.
You can reach out to me through my contacts on this blog.
Ashutosh Rastogi
I would say I am basically a self-taught person on the subject, and have improved my know-how over the period through lot of reading and discussions with my friends, family and relatives.
I had a stint with finance education when I did my executive MBA from IIM K, and beleive me that has helped me giving structure to my thought process.
I am starting this blog series to impart all that i know to who ever seeks. This will possibly help you understand the basics and get you create a structure for your daily finances.
Consider that you have a family income of over a lakh per month - that you know ofcourse, and by the end of month you may end up with few thousands in your account. Now, let's say you have been in job for last 5 years .. do you know what's your net worth today?
You might be putting some money to PPF or ULIPS or endowment plans or else to make sure you save on tax at end of the financial year. But, do you know if you save enough for that ultimate car that you want, or the house that you wish to buy (should you buy or rent?) or finally the must goal for everyone with a Job today - Retirement. Do you really know how much money you need for retirement? And what you think you need, do you know if that would be sufficient for you?
Well there are lot many such questions. I have tried to answer many of these for myself, and am kind of comfortable with the answers i have got. I have tested my framework with few of my colleagues, friends and family and they could identify the value that it brings.
Most of these services are free and I would be happy to help you. If in case you want a more personalized discussion, I may charge for the time and effort that I shall be putting in. I don't get any money for the recommendation or suggestions I make.
You can reach out to me through my contacts on this blog.
Ashutosh Rastogi