Seven Financial Wows For Newly Weds

Bridal-bangles-sets-for-bride-on-wedding-7Recently I met some family friends, who were busy preparing for their son’s upcoming wedding. After a few minutes of pleasantries, the conversation meandered its way to financial planning and money management. As the couple would be starting their life in a new city, it was but natural that the parents were worried. They included me in the conversation looking for a professional point of view.
It struck me that there was plenty of advice that I could impart to a newly married couple that could help build a sound financial foundation for their new lives together. Just as the seven wows of marriage help towards a good relationship, these seven financial wows will keep you in good financial health, providing a solid foundation for life. Continue reading

Wo-money-ia – The call of the Hour

womoneyia-11Women are taking the world by their strides. The achievements of the fairer sex in the work arena are no longer insignificant. Women have gone from supplementing household incomes to contributing equally to it. And yet it is so difficult to find women who handle their own finances. They may earn as much as their brothers or husbands and yet most of them will not take an initiative when it comes to managing their finances. Why is it that in an era where the CEOs of leading banks like ICICI, Axis and SBI are women, the average working woman still does not come forward to take her own financial decisions?
It is actually quite disturbing to see intelligent and articulate women, look on without any seeming interest or understanding when the topic of conversation centers on investments and finances. It is essential that we try to understand this lack of interest and initiative on part of women simply because women need to understand how money works and how it needs to be handled to their advantage. Continue reading