Skip to main content

End of the car loan - A very short story

Rahul heaved a sigh of relief. Finally his loan tenure was over, and his car was paid for. The loan which took away some chunk of his not-too-high-but-not-too-low salary was all paid for and he was the owner of a not-so-new Honda City now. Not that he needed it in a city like Mumbai where he used to use public transport to commute to office, but yes, it was used for his weekend trips to shopping malls with his wife.

Rahul was in early 30s, and with the Honda city paid for, he had now arrived in life. Now he would have some buffer amount to save, and take his savings from five digits to six digits.

He finally had a sigh of relief.

With the car loan over, now he could now make a down payment for Royal Enfield and still have some cash for down payment for his new iPad too, soon.

__

You can also check out this article on BeingFinWise

Comments

Post a Comment

Shop @ Amazon

Popular posts from this blog

Snaps from The Himalayas

Some glimpses of one of the best landscapes in the country. Why long for Alps when our own old, enigmatic yet beautiful Himalayas provide such magnificent and picturesque sceneries!! Have a look. Enjoy. Location - Garhwal Region, Himalayas which lie in the state of Uttrakhand.

Assorted Random Semi-Verses

Memories Isn't every memory a magic? Making you lose the sense of time. Which is so much beyond the realm of logic. Though sometimes they are mere illusions But they keep coming back to you, And make you feel nostalgic! ___ The Dark Side With every talent comes a curse, From every gift speaks a caveat aloud, Even the beautiful moon has a dark side, And every silver lining has a cloud! ___ The Race Somewhere in this race, Some time during the run, I lost myself in between, And forgot to have fun. ____ I write ... I sometimes write random words, Which hardly make any sense; But I just felt that you should know, That in some corner of this little world, I do have a little presence!

destined for greatness ...

He had one final look at his work. The ending was perfect. The beginning was perfect. Yes. The pace slackened a bit in middle, but it was acceptable. A handful of people may not like it. He couldn't please all. But he was sure that he would please most of the people, the ones who mattered. Above all, the work would impress him. He had surpassed his own expectations. He had read the final draft for the 27th time by now. It was perfect. Next day he would contact the publishers. He was sure that nobody would refuse. They would lap up his work and offer him some handsome sum of money. Probably much more than any of the first time writers could ever dream of, at an age of 29. That would bring it all - name, fame, recognition, money ... everything! He was destined for greatness, as a part of the title suggested. Maybe in a year ... or two years at max, the world will recognize his greatness. Maybe, that would be fitting reply to the world which had branded him as a insecure, reclusive, w...

Financial tips for a 25 year old

Originally published at  BeingfinWise __ If you are 25 year old, there is a good likelihood that you would have started working or are likely to start soon. And hopefully start(ed) managing your own finances. So, what do you do next? The good news is that having a profession can soon lead to cash flows which perhaps wouldn't have seen in your student days. And that can be empowering in many ways. The bad news is that, if you are reckless with spending money, it can soon lead to a downward financial spiral. Managing your finances well can be a good first step towards a healthy financial life. And it starts with small steps.

What's the purpose of investing?

"Investment" - This word is much used and often much abused one. One keeps on hearing this almost all the time be it in office or catching up with friends or attending a family functions - almost everywhere. More so when we are fed with lot of information about how one needs to make money work to get more money. However, for a lot of people, the clarity on one question is often lacking - What is the purpose of investing? And even if one knows his/ her purpose of investing, it is often not implemented in real life. For instance, purpose of one's investments may be having sufficient funds in times of need. Yet they may opt for a personal loan when faced with pressing need for money. Based upon my observations, below are some of the most common purpose of investments (in no particular order) I invest because there is some sufficient funds lying with me and I can get great returns. I am investing for some specific goal - buying a house, education of kids, m...