Money Mantra for Middle Class India

Paying attention to our personal finance is essential to lead a life with a sense of security, confidence and happiness. Achieving financial independence is the core purpose of managing our personal finance. Financial independence is defined as the state where one does not need to work and can deploy their accumulated assets, to earn their living. This book is meant for the middle-class citizens of India, with minimal knowledge and/or background in finance or accounting. It intends to be a no-nonsense one, with no pretensions of telling the reader how to get rich quickly. It contains detailed information about the fundamentals of the financial instruments so far as personal finance is concerned. It also contains opinions and recommendations from globally recognized experts in the field of investment and finance. It hopes to enable the reader to take control of their own finances, rather than depend on financial advisors, many of whom are known to be shady in their dealings. The author has tried his level best to refrain from sharing his personal views. The topics covered in this book include financial planning, life and health insurance, instruments of investment (equity, debt, mutual funds, gold and real estate), retirement planning and taxation as related to personal finance.