Posts Tagged: personal finance

Book Summary: Broke Millennial Takes on Investing By Erin Lowry

Most millennials are broke because they’re lazy and prioritise the wrong things. But what if I told you there’s more to it than just blame? That behind the habits, the distractions, and the paycheck-to-paycheck grind, there’s a system and a mindset that’s quietly holding them back from financial growth?

How To Make Life Predictable In A Good Way

Why We Call Ourselves "The Financial Freedom Company"

This one might come off as a bit preachy, but we suppose that’s what happens when you’re your own subject. Please bear with us. 🥹 From the very beginning, our vision has been simple: to make Indians financially aware. Too many of us have seen people around us lose money to scams or bad advice. Financial literacy is the first step to changing that, and it’s been at the heart of everything we do. But we didn’t want to stop at just teaching. Freedom with money only comes when learning is backed with action. That’s why we built solutions for every touchpoint of your financial life, right from opening your first Demat account, to analysing stocks, to choosing what to actually invest in. For those who love to learn and explore independently, there’s Finology ONE. It gives you Quest, our learning platform, and Ticker, our stock research tool. Together, they serve retail investors who want both knowledge and clarity. For those looking for structured guidance, there’s Finology 30. It’s a set of long-term stock recommendations backed by deep research from our team. Now, some tools are too important to be behind a paywall. They’re unskippable for anyone looking to figure out their finances.  Nearly 90% of Ticker is open for everyone.  Recipe’s Financial Checkup and Goal Planner are free too. So, what do we mean by financial freedom? It means feeling in control of your money. It means knowing where your money is going and why. It means having the knowledge and tools to make decisions with confidence. Everything we do at Finology is built around this. Pranjal says that this purpose should be embedded in the minds of everyone who is part of this mission. And it is!  Because we see the problem every day, friends, family, and people in our community falling into bad financial decisions. And then we see the same community engage, learn, and grow. That makes the purpose real, immediate, and impossible to ignore. This is why we call ourselves The Financial Freedom Company. After all, every tool we build, every course we run, every recommendation we make is designed to give you control over your money. To make financial decisions clear. To make learning and investing something you can actually act on.  So, from a team of financially obsessed dreamers, thank you for trusting us with your Financial Freedom. 💚

How Much Will You Actually Save With GST 2.0?

Have you ever gone to PVR and bought a tub of popcorn and a Coke and worked out thinking? “Yeh bill toh pura dinner ka aa gaya”? That's just GST quietly sitting in your bill, or when you order something from Zomato or even pay for your Netflix on Spotify plan, GST is still there, small on each item, but everywhere you look. It’s the silent +1 on every bill that you don’t notice until the waiter hands you the total.

Book Summary: Rich Dad’s Retire Young Retire Rich by Robert T. Kiyosaki

The rich and the poor don’t live in different worlds. They live in different mindsets. That’s the bold idea Robert Kiyosaki shares in his book Retire Young, Retire Rich, co-authored with Sharon Lechter. 

Why Stuff Can’t Buy You Happiness

Every time you upgrade something, your phone, your wardrobe, your car, there’s that quick burst of happiness. But it fades fast. The phone feels outdated in a year, the car develops scratches, and the wardrobe needs another refresh. So we buy again. 

Simple (And Boring) Money Rules That Work

Ever dealt with “money anxiety?” It’s the kind where:

Price Action Trading: Meaning, Strategies & Limitations

Investing is like getting into a relationship with a person for who they are, their personality, their upbringing, how aligned your views are, and so much more. Trading, on the other hand, is more like a blind date. You look at the person, find out superficial details about them, and wing it! The debate of which is better is extremely obnoxious, in all honesty. To each their own; it is their money, after all. Dating, however, opinions and advice on that are better found in different places.

Assets vs Liabilities: What's wrong with your Balance Sheet?

Growing up, we all had terrible management of our pocket money, and therefore most of us would often spend more than our needs and then end up broke before the end of the month. It seemed like we had an eternally cursed wallet, but you're mistaken, my friend. 

What is Mental Accounting Bias?

Do you remember Sushil Kumar from Kaun Banega Crorepati, the one who actually won 5 crores? He was poor before he won 5 crores. He is poor (actually, bankrupt) after he had 5 crores. 

Self-Attribution Bias: Your Gateway to Narcissism

A: Did you earn any profit from your latest investment?

Avg. Cost Of Buying A Home In India: Be Practical, Rent!

Owning a home is a crucial aspiration of many individuals. Before you purchase your first or second home, you must analyse if you are buying it at the right price.