In these bad times, the only people you can rely on is your family. So if you want to survive the bad economy, better ask your spouse and your kids to help you with the saving and conserving. And come to think of it, it does not really have to be hard.
Yes times are tough: people are upside down on their mortgages or even going through the foreclosure process, the banking industry is in turmoil, retail stores are closing at a record pace, jobs are being lost. It is certainly difficult to imagine that all of these events are happening all at the same time, but things happen that are beyond our control.
With new year’s fast approaching, many people start planning for the upcoming year. Why wait to make financial resolutions?
Introduction of Internet in the banking operations has done a world of goods to the Indian banking segment. The same segment which earlier was known for being a lucrative job proposition (owing to its convenient timings and countless holidays) has suddenly transmuted into a dynamic sector which follows the Charles Darwin theory of the ‘Survival of Fittest’. Along with the arrival of Internet, it is the inception of private sources backed banking entities that has pushed the already established banking names (primarily, public sector banks) to limits.
There is so much hype in the marketplace these days and so much desperation in people that it’s easy to get caught up in the latest fads. Every month something new is being released or a new “secret” development is discovered. If you took the time to track all these fads you will start to notice a pattern appearing.
