New Year, new financial habits: A guide to money management in 2024
Explore actionable strategies for effective money management, empowering you to achieve financial goals. From budgeting insights to investment tips, this comprehensive guide navigates the financial landscape, helping you make informed decisions and embrace positive fiscal habits. Kickstart the year with confidence, taking control of your finances and setting the stage for long-term success.
4m ago
Key to financial independence: Smart savings and investment options
Here are some good savings schemes you can avail.
6m ago
Sharing financial information with your family
In our culture and social upbringing, we tend not to talk about finances, especially between spouses.
8m ago
How to avoid a debt trap in 2023
The debt trap is a serious issue and has a lot of relevance to our current financial situation. Even after three or so tumultuous years, both in terms of COVID-19 and an economic slowdown, we feel it is not over yet.
1y ago
Financial tips for the holy month of Ramadan
Ramadan Mubarak to all my readers. I apologise for not writing for a long time. It has been a couple of years of distress for many of us, having lost loved ones during the COVID pandemic. May all of us see a glowing light at the end of a dark tunnel.
2y ago
Gifts — Cash or kind?
Cash gifts are still considered tacky, but many nowadays opt for that than a piece of jewellery, or any other material item. Historically in our subcontinent, wealth was measured by gold or land. Money had no fixed value, and therefore, not considered a good gift.
4y ago
August 15, 2017
Teaching the value of savings to children
I was recently in the US visiting our daughters and their families. Our four-year-old granddaughter insisted that I bring her a gift every single day. She did not mind how small it was or what it was, but she wanted one.
July 25, 2017
The necessity of sharing financial information
In our culture and social upbringing, we tend not to talk about finances, especially between spouses.
February 28, 2017
Steps to Get Out Of Debt
Sometimes, you can be in debt because you have spent too much money on a holiday, buying expensive things or living beyond your means.
February 24, 2017
Bank on your Budget
If you need to save money, you need to create a 'Spending Plan' or a budget. With a budget you can find out what your income is and what your expenses are. Once you know these two things, you can find ways to reduce your expenses or increase your income to allocate an amount of money that you can afford to save.
November 1, 2016
Financial Security: the Key to Peace of Mind
I am often asked by friends and relatives for financial advice prior to their retirement from their jobs. Most of them get impressive gratuity and a substantial amount of Provident Fund and other retiring benefits.
August 2, 2016
Gifting and guiding your children
None of us know what the future holds for us and being prepared for any eventualities should be a part of our lives. The world has changed and so have people's mindsets.
June 21, 2016
Health insurance for travellers
Travelling overseas has become a norm for most Bangladeshis, be it for a vacation, a business meeting or a medical check up.
April 26, 2016
Penny Wise: Investments for retirees
Sooner or later everyone with jobs and self-employed professionals, will retire so it is best to start preparing for that day from early on.
February 16, 2016
Keep your financial instruments safe and secure
We do not realise how important it is to keep our credit cards, chequebooks, and ATM cards secure and in a safe place until something happens!
January 26, 2016
Understanding confusing signals from our bankers
I keep hearing from friends and family regarding receiving letters from their banks about providing documents for particular accounts with threats that otherwise 'restrictions on withdrawals' will be imposed on the 'said accounts'!
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