Conviction of Mind

There are many things to look for when you are buying/renting a house. While buying a house, you may have some priorities and check-list. Also, while renting the house, you will have an eye on the rent and other agreement details. In common, there are many things to look for when buying or renting a house and I have listed the top 5 things, I think, here. (1) Good Locality       It is important to see whether it is in good locality. It reminds different things for different sort of people. Good locality can mean one or many of the below      (a) good residential place to live in      (b) few good schools and hospitals around      (c) friendly people nearby      (d) Good roads, have office nearby      (e) departmental stores and hotels nearby          The choice of above things depends on the sort of the people and the life-stage...

Indians are primarily more on the saving side because of the environment surrounding it. They see everyone around them are saving and are doing the same! There is a big difference between Saving and investing and it will be a hard fought truth. Setting a goal and standing by it is pretty hard. The commitment is easy to come by if you are working and set by your peers and your managers (some of them don't get it even under the supervision of strong managers.. :-) ) and its also the inherent nature of the entrepreneur and he has it in his veins. But, to see through a goal that is set as a part of retirement or getting a house is very hard to come by and its hard to come even for an entrepreneur. Let us see a simple example. You need a house. First house. Absolute need. Alteration for rent. Everything. Fine. It should be understood that how much you are currently having in hand and how much you need as a loan and it should be a neatly laid out plan. How many of them who have bought th...