Apropos “Watch that Credit Card Spend” (MoneyLIFE, 13 September 2007), credit is really a trap because once you take a loan, you pay interest on it and, naturally, the principal also has to be repaid. There is a famous saying “Jitni chadar ho utne pair pasaro” (spend as per your income). The telemarketing calls from banks and credit card companies show that credit is easily available today. A...
The interview with my favourite actor Amitabh Bachchan in your 30 August 2007 issue was very interesting. It has been a long time since the legend has given such a long interview to any magazine and he has talked about topics which he has not discussed before. It was a great read. On behalf of Amitabh Bachchan’s fans, I thank you for this great interview. Keep it up.
Abdul Rahim, Chennai, by...
I am a regular reader of MoneyLife magazine. I am 37 years old, married, blessed with a three-year old son and working for a BPO. I am not very happy with my job and plan to retire early, say by the age of 47 years, provided my financial planning works out well to support me after retirement.
I have seen mutual fund advertisements where an investment of a lakh of rupees becomes Rs22 lakh over...
