Krishnan's Blog

Job loss is relatively a new terminology unknown to our parents and our ancestors. Since the liberalization of the Indian economy, this term has come into a common usage (ask the current generation of Indians) . Everyday we read in the newspapers that people loose the job and the company sites various reasons for the same. People working in MNCs also often encounter someone or the other being fired right in front of their eyes. The reason behind being fired or loosing the job might be numerous, but the consequence is the person being fired undergoes severe trauma and his finance goes for a toss. In a capitalist economy loosing a job or getting fired and finding a new one is very common but the previous generation of Indians have experienced only a socialist economy and hence they could not and cannot teach us how to survive in a capitalist economy. The experience learned by living in socialist economy is useless to survive in a capitalist economy. Got this tweet minutes after I s...

I since long wanted to write and maintain a financial blog. I love to read about financial things and also love to achieve financial freedom. But the fact is a lot of good financial blogs and books are for the western people. There is no India centric blog or book. I think I should start writing a financial blog which are useful for Indians. I have also started preparations. The preparations have to go on for some time and it might take atleast another year. I am however sure that a blog will come up soon, which will talk about all the financial matters which are Indian centric and useful to Indians. It might take atleast a year for me to be ready to really write a blog. Mean while some of the blogs that I really likes are as follows: I will teach you to be rich The simple dollar

I went out of my home in the late 2006 in search of a living. I had to manage my finances all by myself. I was completely good at it. I did everything perfectly. Though I had a credit card, I was very good in managing it. Though there was a time when slightly I over used my credit card but still managed to take control of the situation. I did a lot of savings and of course some good stock investments. Things were going good, when one fine day things became some what worse. The main cause of that problem was there was way too much cash in my hands. Lot of cash made me very arrogant and hence my spending also went up. I used all my credit cards extensively and at a certain point lost track that when should I drop cheque for which card. Due to this confusion I lost track of all my billing cycles and hence interest charges were levied. As I mentioned I had good cash flow I somehow managed it. Then a time came when I felt that it is the right time for me to start a company. I quit my job an...