How Sunk Cost Fallacy affects your financial Life?
Recently me & my wife were sitting idle at home so we planned to watch a movie. Bought the tickets online and went to watch the movie. In first 20
How to avoid Anchoring Bias in Investment Decision?
In my last article I wrote about what is Anchoring Bias and we also saw few examples of anchoring Bias. Now this month I would like to throw some light
How Anchoring Bias affects your Financial Decisions?
Anchoring Bias in Decision Making: In my last article we saw that while taking our financial decisions mostly we react emotionally. We also discussed left brain: right brain theory as
How Psychology plays an important Role in your Financial Decisions?
Till now I have written many articles on different topics of personal finance but this is my first article on “How Psychology plays an important role in your financial decisions?”
Currency Demonetization & its Implications.
Currency demonetization, suddenly this word hits us on the evening of 8th of November, 2016 and we all were shocked with the demonetization measure of Prime Minister Shri Narendra Modi.
All about Section 80C of Income Tax Act.
Sec 80C of income tax is most popular section for Small & middle tax payers. Deduction is available only to Individual tax payer and HUF. Deduction available u/s 80C is
Saving Money vs. Investing Money : What is the difference?
Most of the times people think that savings and investment are same and use these two words as synonyms of each other. But actually savings and investment are two different
How to fight with inflation?
As discussed in my earlier post “Inflation: Biggest Enemy in your Financial Life.” Inflation is one of the most signifacant risk to once fiancial life, now the question is how to
Inflation: Biggest Enemy in your Financial Life.
Inflation is one of the biggest enemies in our financial life but most of the times I find that investors forget to consider impact of inflation on their financial lives.
Gold Monetization Scheme-An Opportunity to earn additional returns on your idle Gold Jewellery.
Basic Objective behind the Gold Schemes: From ancient times gold has been the favorite asset class for Indians and as a result of this we have been accumulating gold from