Financial Literacy Lesson No-7

A Tale of the banking crisis. Income pays expensesIncome buys assets.Hence proved, it’s not income but the act to use the income that decides our financial strength. – Ms. Vinita. V. Pal Would you believe if I say that the current trend of the banking crisis could be the result of the domino effect ofContinue reading “Financial Literacy Lesson No-7”

Financial Literacy Lesson No- 6

Income and expenses are the outcomes of one’s assets and liabilities. Vinita. Pal ‘What goes around comes around,’ sounds more like philosophy, right? We all have heard a lot about it in relation to karma like do good to others and good will happen to you. Wait! from where does this philosophical theory crop up?Continue reading “Financial Literacy Lesson No- 6”

Financial literacy lesson no-5

Your assets are your credit score, so acquire more of it. – Vinita. Pal Today I have a story to tell, it’s a story about an aspiring man who was thrilled by the ongoing entrepreneurial vogue and wanted to try his luck and hands in entrepreneurship. He had business ideas and plans in place, whatContinue reading “Financial literacy lesson no-5”

Financial Literacy lesson no- 4

Money has a direct relation with the time period it is put in use. Hence the proverb, “Time is Money.” — Vinita. V. Pal Hello folks! Here I am back again with yet another financial learning. I know this absence was quite long but this long absence was for a reason. Yes, the reason wasContinue reading “Financial Literacy lesson no- 4”

Financial Literacy lesson no -3

 Assets are entities you invest in to get the cash flow in your pocket. Eg- Education. Vinita. Pal Hello Folks! Namaste! As promised, here I am with yet another financial literacy lesson.  In my opinion, this lesson is one such lesson that will require a little extra attention because remember what I mentioned in myContinue reading “Financial Literacy lesson no -3”

Financial Literacy Lesson no-2

Money keeps losing its value so convert it into assets. – Vinita. Pal Before you start reading this my suggestion to you all, close your eyes, take a deep breath, be still, and allow yourself to drift back to the historic day of 8th November 2016. By now, some of you might be feeling uneasyContinue reading “Financial Literacy Lesson no-2”

Financial literacy lesson no – 1

Disclosure: This blog post contains affiliated links. This means that, at zero cost to you, I will earn an affiliate commission if you click through the link and finalize a purchase. The value of (0) is Infinite. – Vinita. Pal History of Zero You might be wondering what zero has to do with finance, right?Continue reading “Financial literacy lesson no – 1”