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You Are Invited!!

It all started around seven months back, when our parents exchanged our phone numbers and then passed it on to us. Yes people , marriage was definetly on cards. As things would have it, early may this year Ruchi and I had our respective phone numbers. We spoke couple of times over the phone before we decided to meet in person. And one fine day, around mid may, I landed to Pune to meet her. We spoke in length at Barista , and by the time it was time to say tata , both of us knew that we had found the one. Yes , we had found someone to grow old with , and share the set of artificial teeth when we are old. Next six months were roller-coster ride for us. With all roothna-manana to sweet nothings. From our dreams to all our nightmares.All our similarities to differences. All success and failures.All apprehension and reassurance.Irritation and affection. We had it all. Amidst rising phone bill, late night phone calls and leg pulling of colleagues we got engaged on Aug 4...
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Today was a long day !!

Half awake and sleepily, I look at my mobile, oh boy couple of missed calls and message from my wife. How long did I sleep? What's the time? 8:45 in the night. So I slept only for 45 mins. Time now for quick chat with wifey and then quick dinner. At 10 pm back at room with couple of articles, one text book chapter to be read before I could try my hands on the case to be read for tomorrow's strategy management class. Flashback to 7:30 am the same day. Grudgingly I am getting out of my bed. Its time to get ready fast, have a quick bite at the mess and run for the class. Professor is already in the class and next hour and a half is about how to manage a world class operations. After assimilating concepts of operations research in the previous term we are learning operations management this term. Though explained in manufacturing terms, fundas are on managing supply chain.  Next two class, for full three hours, are on corporate finance management. Again we have had our fin...
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Why is personal debt bad

Debt allows individuals to make purchase today by pledging some of their tomorrow’s earnings. Is there anything wrong with having a little - or a lot - of debt? That depends on what the debt does for you - and it should always be more than what you do for the debt. Will this debt pay me back more than what I put in? After you factor in principal repayment, interest payments and the alternative uses of that money, does the debt still make sense? Are you getting all your money back and then some? Could you have done something better with the time and money you are investing? Debt can be "good" if it has the potential to increase your net worth. Bad debt is money borrowed to purchase depreciating assets or assets for consumption. Any time you take out a loan or charge something on your credit card, you are borrowing from the money you hope to earn in the future. You never know what changes may happen in your income, so it is better not to mortgage your futur...
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