Coffee bean is my birthstone

Do you believe in birthstone? I do believe. But my birthstone must be coffee bean considering my love & addition to coffee. I could not image my life without coffee. In 2017 I’ve completed one month coffee free challenge. That was hard and right after challenge month finished I drunk this biggest cup on coffee […]

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Proposed wealth tax in US

Recently I came across Letter in support of wealth tax (US, June 2019). Here’s key surprising points: Moderate wealth tax on fortunes of 1/10 of the richest 1% of Americans. Proposed to apply 2 cent tax on the dollar on assets for $50+ million. Proposed to apply 3 cent on the dollar on assets more […]

The real situation in Indian economy

Yesterday I had an argument with an influential business person, who blames market, government, fiscal policy for decline in the economy. I write this article to explain layman point of view, how greed for more profit & margin is main reason for growth slowdown. Income tax revenue India’s Gross tax revenue for the 2018-19 period […]

WeWork’s unicorn debacle

WeWork IPO officially canceled because of crazy high valuation & debt. I was quite surprised to read Form S-1 filed with United States Securities and Exchange Commission. Also I was surprised by level of debt and long term financial commitments in front of property owners. WeWork business idea is not something new or out of […]

What is secured credit cards?

Secured credit cards popular among customers with bad credit score. It could be useful tool to build or rebuild credit score but it takes long time. It’s popular to use credit card in developed countries but it’s not always easy to get unsecured credit card. Financial institutions which issue credit cards require issuance from customer […]

Consequences of Consumerism

Over consumption is the reality of our life. Well funded marketing campaigns and consumerism propaganda resulted in huge accumulation of useless items. We pay huge amount of money to accumulate items which in most cases useless trash. Consequences : Wasted money. Useless items in most cases cost less, but ending up in big among of […]

How to make customer spend more money?

Shopping became an important part of our life. When customer ready to spend money, it’s heaven for merchants. But in most cases companies use all possible tricks to make customers spend as much money as it possible and as often as it possible. Here’s a few tricks: Sales. Nothing drives higher sales than simple word […]

How to follow personal budget?

How often do you actually stick to budget? Most probably not often but every time promise yourself to spend less next month. Traditional financial education preach about strict budget as a way to achieve financial satisfaction. But in real life counting of every cent spend create guilty feeling. My personal approach to family budget: Keep […]