I hide behind the argument that it's my blog and I can write anything & everything. But on the verge of completing two years of blogging, I am realizing that this web space is no longer "personal". In fact, there is a sense of responsibility towards readers to whom I can add some value on the "personal finance" front.
So, essentially, there is a move from "personal" to personal finance for this blog!
I also thank readers & friends who have encouraged me along this two year journey.
The Roadmap: Having apologized for the distractions by way of ads, you can be sure that the ads are going off today. It shouldn't return and I promise that I'll ask you first before taking a call on the ads.
Also, I will refrain from personal posts that don't add value to the readers that I want to write for in this blog. For personal rants, I have a Twitter handle which you can follow.
I have talked about my manifesto before. I want to focus my energies in building the modules on personal finance
I have already started practicing them by speaking to a group of employees from my Organization. And the response has been amazing.
I would love to see how we can make financial education available to the masses by using ICT. (Information & Communication Technologies)
According to RBI data, as a percentage of financial savings, mutual funds constituted 7.7% of the financial savings of the household sector while insurance accounted for 17.5% and provident funds and pensions funds made up for 8.2% of the total financial savings during 2007-08. The predominant share fo savings was still parked in banks (55%).
This goes to show how much ground providers of financial products have to cover. Also this distribution is a bit skewed because of lack of financial literacy.
Thank you readers and wish me Godspeed!