In this article, I intend to provide food for thought on the topic’s multi-sided issues. There are opportunities as well as need for organized approach to deal with associated risks. Financial products and services have become increasingly intricate; people are making transactions at a quicker pace
CA Rishi Khator
Rishi Khator (FCA, CPA, CIFRS) is Chartered Accountant based in Kolkata. He is author of the book on Personal Finance – Right Now : How to be Financially Strong plus Happy All Along. He believes Financial Literacy is a critical like skill. He has been propagating it through workshops, events and his writings. He has reached out to working adults, college students, school children and homemakers for creating awareness in Financial Literacy.
He is also founder and partner of Chunder Khator & Associates, Chartered Accountants. The firm presently has operations in Kolkata, Mumbai, Singapore and Bangkok.
You have laid down SMART financial goals. You have been earning and saving. Then what? Just savings do not protect your purchasing power. Due to inflation the cost of your financial goals increase. The catalyst that elevates your savings to the vicinity of your financial goals is investment
Credit & Debt “Being Rich and looking Rich are two different things” “The surest way to establish your credit is to work yourself into the position of not needing any.” Basic Characteristics The sword cuts both ways, as the saying goes. The same applies to credit: it can be a tool or a trap
“Most people don’t plan to fail. They simply fail to plan.” Planning brings future to present. By planning we reduce uncertainties of future. This makes us less anxious about future. Once we have planned, future is more known to our and we enjoy our Right Now moments more. Financial planning is a
We had posted two articles by CA Rishi Khator on financial management earlier. The last one was titled 'Money Management - Create Your Future'. We are now posting the third article of his which is titled 'Setting Financial Goals'. If one does not know to which port one is sailing, no wind is
Some time back we had posted a piece by CA Rishi Khator titled "Attitude Matters For Money Management". Here is the second part of this article. Create your Future. Imagine it. Make a realistic Plan. Do something today to Help it Happen. Raheja is a cousin of mine. He resides with his wife and two
In order to lead a financially secured life, reconditioning of mind and developing right attitude for money is of much significance. One may question the relevance of this subject in personal money management, a critical life skill. After much deliberation, I decided to share with you my various
Late one afternoon, I received an urgent phone call from Sukumar who is a top ranking marketing official in a company to whom our Firm provides professional services. Sukumar had earlier referred to me his growing personal financial problems. So, when he gave the call I could sense something burning