I wish all of you a very Happy New Year and a belated Merry Christmas. I apologize for being gone for some time now. I was on a work related trip for the past few days and was now back again with a concept that I hope you would like.
Focus! This is what I […]
I have never come across procrastination as a positive term till date. Procrastination as I define it, is nothing but not sticking to your commitment made to yourself. As per Wikipedia it is defined as:
Procrastination is a type of avoidance behaviour which is characterised by deferment of actions or tasks to a later time.
I […]
Being in debt certainly brings its long term side effects and I have my share too. After almost a year my networth is almost the same. I can neither ignore the fact nor get away with my pathetic financial condition. The debt that I took for getting certain things gave me an initial pleasure of […]
After a disciplined frugal month, I was able to reduce my credit card debt and my personal/utility loan; I have reduced my cash balances to a minimum with no provisions for contingency/emergency. Currently I am not looking at my students loan as i am planning to get out of it by paying a lumpsum after […]
Looking at my networth on a regular basis now, I asked myself, where do I go from here now? To answer this I sat down with my finances and took a good hard look at things. I was in approximately Rs.21,000 of credit card debt, and a student loan of Rs. 250,000. Though my equity […]
After reading this post from Ryan Healy I could not completely agree with him regarding his question that is there a really a good debt? so I decided to define it for myself and put my opinion on his post through this post.
Defining debt:
It is an amount owed to a person or organization for funds […]
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Posted 26 October 2007
† The Chef
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It’s over a year and a half that I am in a bad debt situation and surprisingly it’s nearly one and a half years that I am into a paid job. If I correlate the two then I can conclude that steady income flow increased my debt taking tendency. In other words I will say […]
