QUANTASAVERS: Quanta of Light in Finances

MANAGE YOUR MONTHLY EXPENSES

August 16, 2019

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This is not for or against any President, but solely based on facts. There are several aspects to this discussion:

This is not for or against any President, but solely based on facts. There are several aspects to this discussion: 1. Comparing savings return to stock market return is like comparing apples to oranges. Savings based returns is to secure the lifelong savings, and is directed toward individuals averse to risks, and preferably, for those individuals who believe in their hands-on work and knowledge. 2. When it comes to stock market, doubling in five years means that the rate of return is around 14% annually, whereas the GDP of the country and the world is growing at 0 - 5% at most. This kind of returns mismatch is the primary cause for repeated stock market crashes in the recent years with a smaller fraction of the population prospering at the expense of the majority. There are real stories of people reeling still trying to recover from the 2008 crash. 3. Moreover, with globalization combined in tandem with consumerism, these returns are also largely tied to consumerism around the globe,...

HAPPY INTERNATIONAL WOMEN'S DAY (MARCH 8th)

International Women's Day: https://www.youtube.com/playlist?list=PLGq2KJ5nqxuVW3UbXt7efvu5cvSbP0FNt Originally posted here, International Women's Day

CREDIT SCORE & EYE-STORY: PART II

This is how our founder's credit score stacks up over the years. Please note that there are billionaires out there, who have filed bankruptcies repeatedly, which in a way should result in lower credit scores based on the method in place. However, for someone who would like to be financially disciplined, you could retain high scores by managing your finances in an effective manner. As you can see, our founder never missed payments once during these 22 years even when he was a graduate student. In terms of net worth, our founder could have been worth a lot more, if not for some challenging experiences that limited and stunted his career and financial growth for no fault of his. Anyways, it is what led him to start his own organization. Thanks to all those for making this happen. By the way, it is interesting that our founder received a letter from one of the credit card providers that his credit limit was brought down for managing his finances effectively. I gue...

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MANAGE YOUR MONTHLY EXPENSES

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