What Money Is, and How It Is Different From Currency

I’ve always thought money was a subjective topic. Whenever I discuss money with people, it becomes apparent very quickly that we all have different associations with money. It means different things to different people. To some it means financial security. To others it may mean status. If for some it’s a means to buy things […]

Building Wealth: Do you Pay Yourself First?

If you’ve spent any amount of time on Personal Finance or money blogs, you will know that ‘Pay Yourself First‘ is the first mantra that they teach you. Of all wealth-building strategies, this is the most-often repeated. But do you know the funny part? From among the ‘money men’ I know personally, very few people […]

When Does Frugality Become Miserliness?

As someone constantly looking to better his relationship with money and wealth, I find that three words dominate my head space more than others. They are spendthrift, frugality and miserliness. I find subtle hints all over my social milieu that casts a dark shadow upon people who are tightfisted. One of my aunts is known […]

How Advertising Picks our Pockets – and What We Can Do To Prevent It

I was part of that strange race of people aptly described as spending their lives doing things they detest, to make money they don’t want, to buy things they don’t need, to impress people they don’t like. – Emile Gauvreau Advertising. The bane of the thinking man. Even the most financially aware among us give in […]

How The Exponential Function Flummoxes Us

First, a fable. A long time ago, pleased with one of his courtiers, a king offered him any present he would ask for. The courtier said, quite modestly, that he was not a material man. But if the king was to insist, then he should order his servants to get a chess board. ‘A chess […]

A 4-Step-Guide to Working out Your Retirement Point

Our lives run according to a financial script. Equip yourself with skills to earn money Earn money Retire on your savings Retirement is often called the ‘golden period’, because you’re independently wealthy and without the need to work. It is the only time in life, the theory goes, when you have both money and time […]

Which of these 3 ways do you use to measure wealth?

Before I begin this post, I must make it clear that by ‘wealth’, I don’t mean intangible wealth like health, love, family, friends and freedom. I know that tangible wealth isn’t everything, but I think we can all agree that it isn’t nothing either. Whether we like it or not, money is a fundamental part of our lives. […]

3 Questions You Must Address Before Your First Money Talk

We have to face one fact in our modern lives. Money is important. It’s not the most important thing in the world. No, not even close. But it is perhaps the most important material thing in the world. In my previous post I asked the question of whether money or sex is the more serious taboo […]

Sex or money – which is the bigger taboo in India?

If you were to go around your social circle asking the question: ‘What is the one big taboo in Indian society?’ I guarantee you that you will hear the word ‘sex’ mentioned more often than any other. The reluctance of Indian culture to open up to sex has been blamed for many ills; rape, female […]