I’d been getting a lot of emails asking about the best apps for managing money and the best personal finance apps. I’ve tried out a whole bunch of apps and here are my favourites. My only criteria for liking/recommending an app is this: Does the app make me want to come back? Using an app to track your money requires you to cultivate the habit of recording your expenses and incomes as and when they happen. So, it is important for the app and its interface to be addictive, in a way. These are the best apps among those I tested to help you track your expenditure and create budgets. They’re all American made but they all support the Rupee symbol as well.
Sale season just doesn’t seem to end, does it? If it’s not an end-of-season-sale at a high street retailer like Zara, it’s an exhibition featuring cool indie brands or boutique selections from other parts of the country. There’s always something that you want to buy or need to have. We seem to be constantly bombarded by desire and it is so exhausting just to keep up. The advertising during sales also feed into existing temptation – it’s always like, look how much money you’d save! And you believe it and literally buy that sentiment of ‘saving’ money during sales – except you’re not saving money.
So yesterday I finally pulled the trigger on something I’ve been wanting to do for a while now – deactivating my instagram account. I’ve had a public profile on Instagram from 2010 (since the app was launched!) and it became my favourite social network right off the bat. I used to share with abandon and enjoyed the community that Instagram gave me.
I have been paying a lot more attention to our living space the last year or so. I think it’s a combination of having a mess-loving baby and growing old, but seeing our apartment being turned upside down on a daily basis has pushed me into finding ways into having a home that’s accident-free, clean and safe (and pretty!).
One of the things I often get messaged about is postpartum weight loss, so I thought I’d write about my pregnancy, my delivery (?) and all that happened after. But first things first –
This is NOT A Guide
I don’t know shit about fitness and/or nutrition, friends. This is just about what happened to me and what I did. Please don’t use this as a guide. Please do your own research and try to pay attention to your own body’s cues. This is not a guide, it is simply my story.
One of the great things about having a feedback page is that you get some great post ideas! I received a message from a reader asking me to break down the National Pension Scheme or the NPS. So without any further ado –
What is the National Pension Scheme?
The National Pension Scheme is a savings scheme wherein you can pay a certain amount of money into a pension account every month during the course of your working life. This money, in turn, will be invested on your behalf. When you reach retirement age (sixty years), the money becomes available to you, under certain conditions.
I completed 6 months of No-Buying about three weeks ago. During these six months I didn’t buy a single item of western clothing, shoes, bags or makeup. And honestly, it wasn’t even that hard. Here’s why –
No-Buying is A Habit
You know how they say that you need to get your head into the game if you want to be successful at taking on a diet? Because making responsible eating choices is a habit – and similarly, making responsible purchases are also a habit. I took on the no-buy because I was sick of the crap that I had accumulated over the years – I had way too many clothes, way too much makeup, way too much stuff and yet, I wasn’t happy. Every time I was tempted to make a purchase, I reminded myself of how shitty I felt when I went through my stuff and I forced myself to introspect every time I saw something that I liked –
One of my resolutions for 2018 was to make my period as eco-friendly as possible. It took about 9 months for my period to return post-baby and I had initially purchased the Eco-Femme Cloth Pads (which were a great alternative to regular pads) but it wasn’t long before I was informed about the sustainable period miracle that is the menstrual cup. I got a lot of recommendations for the Boondh Cup, which I ended up purchasing. It took me a few months to figure it out so I thought I’d share my thoughts here.
Hello! Just popping in to say that I have written not one, but two articles on how to save money for a holiday and other holiday and travel related money hacks, for Verve and The News Minute and I’ve compiled both of them for the blog (including a bonus tip for the blog!). I feel like with the advent/invasion of social media, taking a holiday has become some kind of public outing and there’s no denying a certain kind of pressure to travel to really exotic/fancy places, which doesn’t come cheap. We travel to spend quality time with the people we want to (and ourselves) but lately, I see that people are putting on like, a show, when they go on vacation, with constant Instagram stories and facebook updates. I’m guilty of this myself and I am consciously going to avoid it henceforth – while I do enjoy sharing on social media, I definitely want to let go of the ‘upload right here right now’ attitude and enjoy the moment (by the way, if you’re holidaying in Europe, staying in the moment will also help you protect your belongings from pickpockets).
I recently wrote about why ULIPs aren’t a great investment for my Rupee Rani column and I thought I’d write a quick post here talking about my own ULIP experience.
ULIPs or Unit Linked Insurance Plans combine insurance with investment. Basically, insurance companies collect money from you to invest on your behalf while they also give you life insurance cover. So, it’s like a Mutual Fund in a way, with an amount of money that is promised to your family in case you die (how cheerful!). I was made to invest in one back in 2012 because of my incredibly pushy bank branch manager and my inability to say no back then. I’ve only regretted it since. For starters, the money doesn’t come back to you until the policy period matures and retrieving it before it does is an incredible pain in the ass. So I’m stuck paying premiums until 2019 and will only receive the returns in 2022.
The second reason is something that I realized more recently. It is the amount of money that you will have to pay in “Charges” for your ULIP – basically, they’re the Insurance company’s expenses that are not invested on your behalf. They are exorbitant and more importantly, insurance companies are incredibly sneaky in the way that they portray them to be minor.