PARK Financial Advisors

Financial planning and products are all about number work and most of it is fairly complex. Rules-of-thumb can be quickly applied to understand the situation at hand. The objective of making rules-of-thumb is not to be exact but to be close enough to make it workable.

This article was published in the Economic Times on 30 March 2007.

Financial planning and products are all about number work and most of it is fairly complex. Rules-of-thumb can be quickly applied to understand the situation at hand. The objective of making rules-of-thumb is not to be exact but to be close enough to make it workable.

This article was published in the Economic Times on 30 March 2007.

PARK looks at some of the proposals in Budget 2007 that impact personal finance and their implications on your tax planning.

If you have made long term plans based on the expectations of the tax policy remaining the same through-out your plan period, this is a good budget as it deviates little from the earlier policies.

This article was published in DNA on 1 March 2007.

The article explains what a Reverse Mortgage is and the benefits of the same through a case study. The article discusses the options available in the Indian markets currently.<br><br>

This article was published in Rediff on 21 April 2007.

The article looks at some simple and profound learnings on how to manage personal finances from a book published 3,500 years ago.

This article was published in Rediff on 27 April 2007.

One of the biggest differences between the number that the government estimates as inflation and the actual inflation that impacts you is the difference in the basket of goods and services that both take into account.

The article looks at what lifestyle inflation is and the impact it will have on your financial plan.

This article was published in Rediff on 31 May 2007.

The answer is obvious - but the big question in your mind will be: How ? The article looks at how choosing one over the other can have profound implications in your lifestyle and wealth building.

This article was published in Rediff on 13 June 2007.

Which is the best idea for a vacation - beach side, a hill station or a pilgrimage? Obviously, you would here divergent views from people you ask this question to, as individual preferences differ.

A similar dilemma is faced when people try to discern the ‘ best’ asset (stock / mutual fund / bond / real estate) to invest in. Only an independent third party - one who ideally doesn’t depend on any of these companies for a living, can give you the best advice.

This article was published in Rediff on 30 August 2007.

One major factor which distinguishes Indian family’s plans for future and those of a typical western family’s is the expenditure planned on education.However, increasingly, the costs of education are mounting. We look at costs of under graduation and post graduation education and how much you should should invest to save for the same.

Most of us plan our financials at least mentally - both monthly budgeting, as well as long-term goals and our ability to meet them. Doubtless, all future projections are merely estimates -they may turn out to be inaccurate if circumstances change. Yet, it is such a plan that will provide us a direction to take the correct set of financial next-steps, and thereby make optimal use of our income or earnings. Through a case study,we examine important points to keep in mind while planning, and how we can make it immediately actionable and measurable.

This case study was published in DNA Money on 17 September 2007.