andysfinancial

PERSONAL FINANCE MUSING 28 THE MAGIC OF SMALL SAVINGS- III THE LATTE FACTOR AND SIGNIFICANT PURCHASES We get on to the last post of our trilogy on the magic of small savings and how, when compounded over a long time, these can grow to a humongous amount. In the last two posts, we have covered the journey of tips on small savings including the interesting concept of “Gazingus Pins”, which was appreciated by many. For the sake of continuation, I am providing the links below. https://andysfinancial.blogspot.com/2018/09/personal-finance-musing-26-magic-of.html https://andysfinancial.blogspot.com/2018/09/personal-finance-musing-27-magic-of.html Let’s begin with the “Latte Factor. The Latte is a metaphor made popular by David Bach in his book “The Automatic Millionaire”. The Latte Factor essentially refers to small but regular spending on things which appear trivial in the short run but counted over a period of few years/decades, have the potential to seriously impe...

PERSONAL FINANCE MUSING 27 THE MAGIC OF SMALL SAVINGS- II THE GAZINGUS PINS AND MASLOW’S HIERARCHY OF NEEDS We continue our journey of discussing the magic of small savings and how, over a long period of time and with the magic of compounding, they can grow into a humongous amount. We discussed a few simple ways to save up to Rs 3 to 4,000 per month in our last post including examples of what size this seemingly small amount can grow to. I am providing the link to the post below for continuity. https://andysfinancial.blogspot.com/2018/09/personal-finance-musing-26-magic-of.html I am a fitness freak and love my early morning jogs/walks and visits to the gym- they are almost religious to me. What I also enjoy is tracking my progress on wearable fitness devices- I currently own four of them, of different shapes and sizes, with different characteristics. In fact, the only thing that I regularly follow during online window shopping is fitness devices- my shopping cart ...

PERSONAL FINANCE MUSING 26 THE MAGIC OF SMALL SAVINGS- I FIRST STEPS TO THE JOURNEY OF THOUSAND MILES My book, “Musings of a (financially) illiterate father- a common investor’s guide to wealth creation and retention is scaling new heights every day besides generating a buzz and having great sales. The book is now available in e-format too on Kindle, Kobo, i-books, and Google. I will urge you to continue to share this post too as my book has been specially written to teach the alchemy of wealth creation and retention to our children-they deserve to learn it. Please support this mission of financial literacy by reading and recommending this book. The link is given below. https://www.amazon.in/Musings-Financially-Illiterate-Father-Investors/dp/1643247263?tag=googinhydr18418-21&tag=googinkenshoo-21&ascsubtag=2cd97bc1-4bb5-4954-8f55-6fbb7070d8b9 My book is also being covered extensively by the Print Media, the latest being an interview by “The Pioneer” o...

PERSONAL FINANCE MUSING 25 VALUE AVERAGING INVESTMENT PLAN (VIP) THE NUTS AND BOLTS My book, “Musings of a (financially) illiterate father- a common investor’s guide to wealth creation and retention is scaling new heights every day besides generating a buzz and having great sales. The book is now available in e-format too on Kindle, Kobo, i-books, and Google. I will urge you to continue to share this post too as my book has been specially written to teach the alchemy of wealth creation and retention to our children-they deserve to learn it. Please support this mission of financial literacy by reading and recommending this book. The link is given below. https://www.amazon.in/Musings-Financially-Illiterate-Father-Investors/dp/1643247263?tag=googinhydr18418-21&tag=googinkenshoo-21&ascsubtag=2cd97bc1-4bb5-4954-8f55-6fbb7070d8b9 For a debut author writing on the subject of personal finance, so far removed from his core competence area, there cannot be a g...