Money Chutney provides insightful articles on saving, investing, budgeting and financial planning. These articles are intended to provide knowledge and make people aware of methods and techniques on personal finance, so they can use it to better their financial situation. These personal finance strategies are targeted towards educated middle class people in India, who typically look for information on how to save money.
Recent Activity
Your home will be comfortable, functional and healthy only when you don't compromise on some basic, yet important features. Flooring is one such feature that should not be overlooked, as we will have more physical contact with floor unlike the ceilings or walls.
In today's world people are very much familiar with the term insurance. Whether it is for life, health, vehicle, fire, disability or liability, insurance serves as financial tool for securing your life and property. It is a cover used for protecting you and your family from rising unexpected health expenses or certain life outcomes.
When people are asked this question, they are confused between 'possessions' and 'assets'. Your home, vehicle, jewelry are not assets. A good definition of the term 'asset' is something that has the ability to generate income. This is how a financially intelligent and knowledgeable person defines an asset. It is nothing but a personal possession that has an earning potential. That means income producing possession can only be referred to as an asset.
Today many people don't have even the basic understanding of personal finance. They don't know how to set up a budget, how to manage their money.
Much has been written on fear and greed in the market, which are the two great human emotions responsible in destructing capital in investing. Fear and greed can be explained in simple words – fear is the emotion which comes from lack of confidence and greed is the emotion which comes from over-confidence.
A marketing strategy is the backbone of any business. It generates the required awareness about your products or services among customers. A good marketing strategy should correlate well with the long-term marketing plans and goals of the business.
The Glycemic Index (GI) is a rating of carbohydrates on a scale of 0 to 100 depending on the extent to which they raise blood sugar levels after eating. Foods with GI of 70 and above are considered as high GI foods, 56-69 as medium GI foods, 55 and below as low GI foods.
Disappointed with your salary that looks small compared to H1 visa holders or people working in foreign countries? Next time when you get salary, don't compare with the person getting more in US doing the same job and get disappointed. Instead, multiply your salary by three times as it costs more to buy a basket of same goods in the US than in India.
It is easy to get driven by plethora of financial advertisements and articles about various products offered by many financial companies and banks. Every individual should have his own financial needs mapped out and then schedule the financial savings/investments in that order.
Though Roman Centurions have a history of more than 2100 years, they practiced many management concepts that are required for managers even today. The Romans created a concept of how a manager should be chosen, how to lead a team and other important characteristics of being a manager. Management lessons from Centurions are broadly applicable for first line officers, professional managers, and for many others in managerial positions.

