This might seem huge risk to any body who is reading this. I have applied for a loan from my employer. As per the service rules of my company I am eligible for an interest free loan of Rs 50,000/- payable in 10 equal installments. This loan would put me in some more debt (you […]
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 […]
Over the past two months I am getting better at extreme frugality practices. I have been saving money to primarily reduce my debt. Sometimes I think if I hadn’t had any debt then I would have saved a lot of money. But yesterday I had a question in my mind, “What I would have done […]
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Posted 19 November 2007
† The Chef
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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 […]
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 […]
After reading this comment from Ryan posted at Blogging away debt I started thinking upon the general conditions which are responsible for getting us into debt. I started comparing the comment by the term Overclocking used in electronics.
“Overclocking is defined as making a particular component (of your computer hardware) run at speed higher than […]
Back to money matters again! I seriously apologize to all those who have visited my Money Kitchen in the past few months for such a long break. I won’t go into the reasons as they are beyond the scope and context of this website. In this post I planned to brief you about my financial […]
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Posted 12 October 2007
† The Chef
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Systematic investment plans (SIP) are coming out as a popular investment option. SIPs involve investment on a systematic basis over a period of time. Under a SIP option, as investor commits making regular investments in a particular mutual fund/deposit. Investing in mutual funds through systematic investment plans is easier and efficient. It helps to grow […]
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Your financial decision should not be based on the information provided in this website.
The […]
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Posted 03 January 2007
† The Chef
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I finally installed Wordpress. Now i have to start with my postings.
Why a new Blog?
I have done some soul searching. I learned that ; “I am very much into money”, well this means that I want to earn money, make money, save money, play with money and also to spend some money.
Big Plans ! isn’t […]
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Posted 02 January 2007
† The Chef
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