For Whom Wealth Matters
September 21, 2013 2 Comments
“I mean talk.Never forget that God is your friend.And like all friends,He longs to hear what’s been happening in your life.Good or bad,whether it’s been full of sorrow or anger,and even when you’re questioning why terrible things have to happen.So I talk with Him.”-Pastor Harris in The Last Song by Nicholas Sparks.
September 16, 2013 1 Comment
The early days of your business are likely to be pretty lean ones money-wise.At the time,if you get discouraged by all the great salaries your contemporaries are raking in and are thinking of giving up,find out if people around you are talking of CTC or take home salaries.Then consider how much they keep post-tax,and then compare it with what you manage to keep for yourself and then decide.
CTC or cost to company is what a company spends on an employee. If something is an “Expense” for a company because of an employee, its part of his/her CTC,
So,companies often add their contribution to the EPF,gratuity(which is payable 5 years from the date of joining),superannuation,leave encashments etc. to the CTC. If employees leave the company after a short while they may never see these incomes. Read more of this post
September 12, 2013 Leave a comment
Petrol prices in Mumbai have moved to 81.57 from 69.83 a litre since May 1, a rise of 17% in the past four months, raising monthly fuel bills.
With crude prices continuing to remain high and the rupee depreciating sharply against the US dollar, petrol prices are likely to remain high in the near future,and spike in case of further uncertainty in the Gulf. Car drivers by changing driving habits and maintaining their cars well can bring down the monthly fuel bill by as much as 10-20%.
Driving habits play a major role in saving fuel. It is possible to drive the same distance in the same time and yet save on fuel provided you drive smoothly. Many of us tend to accelerate very fast even though we know there is a signal 100 metres ahead, brake suddenly or drive at a high speed on a much lower gear than we are supposed to. All these actions put pressure on the engine, which tends to guzzle more fuel in the process. If you change these habits alone, you could save as much as 10% in fuel costs. Read more of this post
September 12, 2013 Leave a comment
Good reason don’t you think for women to be more careful of their investments?If women can earn less from employment,it becomes doubly important to set-up side businesses and explore other sources of income and look towards building passive income streams.Just because women earn less,doesn’t mean it costs them less to live.In fact,its just the opposite:just take a look at the cost of comparable men’s and women’s underwear brands and the prices.And fortunately/unfortunately women often live longer and need more savings to fund retirement.
wealthymatters 