What is CTC? CTC means Cost to Company. The CTC comprises of various salary components in India. How much does the company want to invest in you? India offers salary structure packages with the “Cost to Company” (CTC) measurement. This includes all costs incurred by the company on behalf of the employee, both monetary and
Become Financially Smarter
Hi, I'm Prabha Balakrishnan!
Professional blogger, voracious book reader, and a strong woman by heart.
Started this blog in 2015 to pursue my passion on FINANCIAL INDEPENDENCE. Apart from work, I cook, think, automate my kitchen, organize my home, and read entrepreneurial books. I strongly BELIEVE that the world’s wisdom is in books.
Topics we cover
How to write a resume (for freshers)? When it comes to the job search as a fresher in India, writing a good resume for the first job could be the difference between landing a dream job and being thrown out of the pile. Crafting an excellent resume is essential in the competitive world of job
Whenever I enter the jewelry shops, I always get over joyed by the red carpet welcome given. It gives me a feeling that they are decent, genuine and nice people who doesn’t dupe anybody. And just because I felt this way, I haven’t bargained with these people! And on one day, my intuition gave me
Saving money from salary is both a dream and a puzzle for many people. They are often convinced that they have to increase their income in order to start saving. However, that is a mistake. The advantage of getting into good habits of saving from the start is that your savings level will increase with
Somehow God has given us the power to find the good and bad from inside. Does you inner voice alert you about the fake offer letter? Was your interview real or just a formality? How was the English proficiency of the interviewer? Fake or genuine? What do you think?Did the interviewer show his face? Did you
Trust me. I have been into earn money online world since 2012 in India. I wish someone had told me all these when I was a university students. The ladder to the top was NOT overpopulated those days. And now, gosh, everyone speaks on how to earn money online in India. So, how did I
I withdrew my PF amount every time I made a resignation or job hop, and I am deeply regretting it. To be honest, I didn’t know the value of PF, and the calculation. So, how to calculate PF amount? PF or Employee Provident Fund is a great long-term investment, and once everybody understands the value it
Share on facebook Share on twitter Share on linkedin Share on whatsapp What is Take Home Salary? The spendable amount of money that you’ll receive from the employer after all deductions. Many of my friends, colleagues and juniors in India are sending me their offer letters, to judge whether their offer is worth on take
For years, I’ve been running behind my friends to get my income tax calculation done. To be honest, I had never taken pains to cross-check whether my friend did it right or not. The main reason ,” I thought it is complicated!” I didn’t even care to download an income tax calculator excel from the internet.
Lockdowns are frustrating, we never expected this. Every time I hear this word ‘COVID 19’, it brings a crippling death fear from the bottom of my heart. Emotionally, socially, physically, financially — our world is in uncharted territory. There is an understandable fear, anxiety, and pain. But there is also hope and inspiration. Share on
Everybody in this world wants to understand the stock market basics, but no one knows where to start (including me). Well, while thinking on and on about this, a question popped inside me “Why don’t you watch stock market movies to get started?”. That was an awesome suggestion, isn’t it? Why not? I should start off somewhere and
A few days back, I was having a scintillating conversation with my close friend who was very much interested in frugality and financial freedom. I was explaining about the financial illiteracy that is prevailing among youngsters. She silently listened to the complete lecture that I was giving, and raised a million dollar question “Alright, youngsters
Sometimes it’s just a video, sometimes it’s an inspiring speech, and sometimes it’s mom’s advice, or even our life’s bitter experience that changes the way we think forever. But, I had never thought a book “Millionaire’s Next Door” would change me so much. To be honest, it left me sleepless, speechless; and even challenged my