Being Entrepreneur is less risky or being employee is less risky

Being Entrepreneur is less risky? Lessons from Corona Pandemic

Most of us strongly believe that doing a business is riskier than doing a Job. When we are doing a Job, monthly paychecks are guaranteed and so are annual increments. While doing a business does not provide guarantee about monthly paycheck. Earnings are based on monthly cash flow and profit of the business. This perception of high risk for entrepreneurs is mainly because of high … Continue reading Being Entrepreneur is less risky? Lessons from Corona Pandemic

Rich Dad Poor Dad

Rich Dad Poor Dad summary of the book

This is further to our series of summary and review about hand picked books, below we will see: Rich dad poor dad summary of the book. Rich Dad Poor Dad summary and review of the book Author: Robert T. Kiyosaki Genre: Non-fiction Awards: New York Times best sellers About: Financial education book. About building wealth and achieving financial independence. Rich Dad Poor Dad: What the … Continue reading Rich Dad Poor Dad summary of the book

Atmanirbhar (Self dependent) India to start with everybody being Financial Atmanirbhar.

On 12th May, 2020 PM Modi announced “Atmanirbhar India Mission” The mission is getting praise from all across including the world bank. This also provokes thought on how do one become Atmanirbhar (Self dependent) for personal finance. If you are already thinking about your debt and credit cards due, becoming self dependent (Atmanirbhar) for personal finance needs basic efforts like plan for it and stick … Continue reading Atmanirbhar (Self dependent) India to start with everybody being Financial Atmanirbhar.

4 personal finance lessons to learn from Corona crisis

Once the lock-down ends, it will still take few months for our life to become normal. Further, this experience will enrich us with lots of learning to cope up with any such situation in future. Lets list down few leanings we must take form current situation to manage our personal finance: Create emergency fund : Few financial planner suggest to create emergency fund equal to … Continue reading 4 personal finance lessons to learn from Corona crisis

Should I opt for EMI Moratorium or withdraw from my PF during Corona ?

While announcing the lock down to prevent spread of Corona, Government of India also announced few relief package. 2 major announcement were allowing EMI moratorium for the period of 3 months and also allowing non refundable PF advance withdrawal. Before you take call to opt for the same, it is recommended that you look at your personal finance situation before taking these call. Managing personal … Continue reading Should I opt for EMI Moratorium or withdraw from my PF during Corona ?

Manage personal finance with reduced income during Corona

Novel corona crisis brings the longest ever lock-down in India making almost all business unit difficult to sustain. With this, Pay cuts and job cuts are among most feared topic among employees. If your company does not have enough resources to afford salaries during current time and if you are expecting job cuts in your company like many others, follow these 5 tips to manage … Continue reading Manage personal finance with reduced income during Corona

7 tips to find new job during Corona times

Most countries in the world are under lockdown since March or April. There are concerns about sustainability for many business and so fear of loss of jobs across many business. Here are few tips to find a new job during corona crisis: Start looking for jobs in different industry which have less negative impact While most business or industry are suffering, there are still few … Continue reading 7 tips to find new job during Corona times