In my last post I pointed out what was wrong with my friend’s attitude towards her hard earned money.
So I got thinking….why not put out, on a public forum… the way I handle my money or atleast try to.
But why would I do that? Well, sometimes when you spell out your plans; the clarity you get is amazing. Maybe I’ll be able to better judge myself under a scanner. And because I’ll be doing it for everyone to see, it should keep me disciplined.
So this is what I’ll do. Because I fall in the taxable category, I plan to invest Rs 1 lakh under section 80C and claim another Rs20,000 by investing in infrastructure bonds. And every time I make such an investment I will write down my experience on this blog – do’s & don’ts, what I learnt, best way to go about it, etc.
And you my dear reader get to judge my decision. Applaud it, trash it – do whatever you want. If I get to learn it’s a plus for me. If what I did makes sense, then it’s simply good advice.
So starting next month (when I submit my tax declaration in office), you are in on my best laid (financial) plans.
