Penny Wise

Penny Wise

penny wise / 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.

5y ago

Managing finances the right way

A. Foreign Currency Account

5y ago

Ramadan finances

Personally, I wish the weather was always cool and that we could fast comfortably. But the cool Ramadan days will come after many years, and that is something to look forward to. It may sound strange and contrary to what we were supposed to do, but spending

5y ago

Sensible money management can give peace of mind

Money is an integral and powerful part of our lives. It is difficult to escape it. It is wonderful if you can control it, instead of it controlling you. It is a good servant, but not a good master!

6y ago

New Year's Resolutions

First off, I would like to wish all my readers a very happy New Year. May we have a peaceful, prosperous, and most importantly, a healthy new year.

6y ago

penny wise / Financial tips for newlyweds

It is the time of year when wedding preparations take priority over other things. The crisp and beautiful weather of December and January are perfect for big gatherings, and if you have not booked a hall in advance way ahead of the date, it is unlikely you will get any venue at such a short notice.

6y ago

Spending Beyond One's Means

Living beyond your means is pretty easy nowadays, especially since we live in a time when purchasing on credit has become the norm and ever so easy. However, remember that although it seems normal, it definitely is causing more harm to your current and future well-being.

6y 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.

5y ago

Managing finances the right way

A. Foreign Currency Account

5y ago

Managing within the monthly income

How do we manage?

5y ago

Ramadan finances

Personally, I wish the weather was always cool and that we could fast comfortably. But the cool Ramadan days will come after many years, and that is something to look forward to. It may sound strange and contrary to what we were supposed to do, but spending

5y ago

Sensible money management can give peace of mind

Money is an integral and powerful part of our lives. It is difficult to escape it. It is wonderful if you can control it, instead of it controlling you. It is a good servant, but not a good master!

6y ago

New Year's Resolutions

First off, I would like to wish all my readers a very happy New Year. May we have a peaceful, prosperous, and most importantly, a healthy new year.

6y ago

Financial tips for newlyweds

It is the time of year when wedding preparations take priority over other things. The crisp and beautiful weather of December and January are perfect for big gatherings, and if you have not booked a hall in advance way ahead of the date, it is unlikely you will get any venue at such a short notice.

6y ago

Spending Beyond One's Means

Living beyond your means is pretty easy nowadays, especially since we live in a time when purchasing on credit has become the norm and ever so easy. However, remember that although it seems normal, it definitely is causing more harm to your current and future well-being.

6y ago

The Debt Trap

Various banks make loans so attractive to us - before we know it, we have landed with an auto loan to purchase a car or a house loan to purchase a small apartment. All of us want to improve our standard of living and what could be better than having your own car or your own apartment? Sometimes we tend to forget our ability to re-pay!

6y ago

Credit cards 101

In my mind, I cannot envisage a life without my credit cards. To me, they are a sign of comfort, security, and most importantly, convenience. Despite the benefits though, there is also a downside to too much dependency and over usage.

6y ago