Expense Account, Mint It is always the transition generation that finds it the most difficult to adjust to change. I was a rookie business journalist in 1992 when the Harshad Mehta scam broke and the securities market reform began. I remember talking to a small stock broker in Delhi discussing the incipient changes. Sitting far...
Expense Account, Mint When we have a lakh we’ll come back. That’s what most Indians going aboard in the 1970s told their round-eyed friends and family at the airport. Of course, they never did, for the lakh soon became 10 and then was forgotten. Five years back, a friend said that he would quit the...
Expense Account, Mint Food prices are seriously out of control. Vegetables that would cost me Rs300 for a week are now at least double that budget. The grocery bill is significantly higher, too. Therefore, I think we need to give raises to household help, driver, car cleaner, press-wallah, the kid who brings the takeaway and...
Expense Account, Mint We left off last week at the point where surplus cash from the Income Box begins to fill the Wealth Box. A quick recap: Dhan Chakra, or the circle of wealth, is a system that gives one a mind map of a life cycle of money flows and the place of various financial...