Links to useful and interesting stories/posts on personal finance:
- IRDA wins the battle to regulate ULIPs
- The Personal Finance Continuum Everyone of us pass through various stages of money management. It’s important to understand your location on the continuum and do what works best for you.
- Saying “I Will Do It In Future” is an Excuse for Failure The essence of the post is this:
If you’re in debt and want to fix it, start fixing it now.
If you’re overweight, start eating better and exercising now.
If you’re not saving for retirement, set up retirement savings now.
If you want to get household tasks done, do them now. - The Marginal Utility of Money
Marginal utility refers to how much additional value/happiness is derived from one additional unit of the good or service. Most goods and services are said to have “decreasing marginal utility.”
“Decreasing marginal utility” sounds like gibberish, but it’s actually pretty easy to understand:
- First slice of apple pie: “Yes, please!”
- Second slice of apple pie: “Well…OK…one more piece.”
- Third slice: “Oh, I couldn’t. I’m stuffed.”
5. How to find a Financial Advisor . It’s a US centric advice but it addresses issues like the Fee, Personality, Availability, Credentials, Experience which is valid for us too.
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Hi Ranjan,
Regarding the point “5. How to find a Financial Advisor”.
Can you help me with the resources to find a good financial advisor based out of Bangalore.
Regards
Raja
@Raja Check mail.