Knowledge is power. Knowledge is more powerful than physical strength and no great work can be done without knowledge. When we say that God is ‘omniscient’, it means he has perfect knowledge of all things 🙂 .
Can we humans say that we know everything? We can’t know everything. But we do try to acquire knowledge on the things which we do not know or understand. We try to refer books, visit and read relevant websites/blogs, take advice from elders or knowledgeable persons (subject matter experts) etc.,
When it comes to financial world, I believe that no one can call himself/herself a financial expert. The reason being, finance is a dynamic and an ever changing field. ‘Finance is an exciting and continually changing field’.
I am an avid reader of books/journals related to Personal finance. I have been reading Outlook Money magazine since 2004. In fact, I have kept a separate magazine rack to keep old magazines safely 🙂
I have committed lot of investment mistakes during 2004 to 2008 and sometime in 2009-10, I had started looking at my personal finances more seriously. It was in 2010 I guess, came across a personal finance blog called Jagoinvestor and read an article on ‘what is mutual fund STP’ (Systematic Transfer Plan). I was just bowled over by the content available in that blog posts. Since then I have been following jogoinvesor articles without fail.
Now, as a blogger myself, I do follow lot of blogs on personal finances to keep myself up-to-date on personal financial topics. May times, I visit relevant finance related portals to get the required knowledge when answering the queries posted by my blog readers 🙂 .
In this post, let me list out the Personal Finance blogs / websites that I follow and learn from. Kindly note that this list is not an exhaustive one and is also not based on any rankings/visitor traffic data. (The below list has been arranged in alphabetical order.)
- Basunivesh.com
- BasuNivesh is an initiative started with the aim to educate & create awareness about mis-selling of Financial products / services.
- Basavaraj is the founder of basunivesh. I personally know him for the last 6 years and I can confidently say that his blog is one of the few blogs which has unbiased content. I have been inspired by his work, efforts and passion to spread awareness about the importance of Personal Financial Planning.
- Bemoneyaware.com
- I consider bemoneyaware blog as the Bible of Personal Finance. You name any personal finance topic and you can find it. The articles are well-researched and written in a very comprehensive style. Kirti S Desai is the founder of bemoneyaware blog.
- Blog.cleartax .in
- Cleartax is all about concepts related to Taxation. The articles on Tax matters are written in a simple language and you can also find lot of awesome info-graphics in this portal.
- Charteredclub.com
- Chartered Club is an Online Portal to share knowledge on various CA related & Tax related topics. I often visit their Forum section to find answers related to taxation matters. Karan Batra is the founder of Chartered Club.
- Financialsafari.wordpress.com
- I came across this wonderful blog in one of the Facebook groups (ASAN Ideas for wealth). Mr Rajshekhar Roy is the author of this personal finance blog. Mr Roy shares his real-life case studies on personal finances. He also shares realistic insights on various investment avenues like Stocks, Mutual funds, Real estate etc.
- Freefincal.com
- You can find free Excel-based calculators (open-source calculators) for planning your finances and investments here. Prof Pattabiraman Murari (fondly called as Pattu sir by his followers/friends) is the man behind freefincal. Pattu sir is an associate professor at IIT, Madras. His first and recently launched book ‘You can be Rich Too’ has become one of the Bestsellers on many online e-commerce portals.
- Jagoinvestor.com
- It is a personal finance blog that teaches everything about money and how to live a good financial life. It is one of the first blogs on Personal finance in India, started way back in 2008. Manish Chauhan is the chief blogger and Founder of Jagoinvestor.com. I have been learning many things about blogging by reading the jagoinvestor articles.
- Myinvestmentideas.com
- If I have to analyze latest Stock IPOs and find latest news on various investment options (like bonds, mutual funds, stocks, insurance products etc), I visit myinvestmentideas blog. Mr Suresh KP is a founder of Myinvestmentideas.com. He has written more than 1000 articles and loves doing analysis on various best investment plans.
- PersonalFinanceplan.in
- I have been following this blog closely for the last six months or so. Deepesh Raghaw is the author and founder of this portal. The articles written by Deepesh are very informative. I remember reading his article on MCLR (new lending rate), since then I have become a fan of his blog posts.
- Stableinvestor.com
- Actually I had accidentally bumped into this resourceful blog sometime in 2015, since then I have become an avid reader. The articles written by Dev Ashish are very thought-provoking. Dev believes in assisting people to invest profitably in stocks, get their personal finances in order and more importantly, use common sense to achieve what they want in life. Stable Investor was started in 2011 and the site focuses on 3 simple aspects of Long Term Wealth Creation Strategy – Investing, Personal Financial Planning & Common Sense.
- TaxGuru.in
- You can find all the latest news, analysis, notifications etc on Tax related matters here.
- Vipinkhandelwal.com
- This blog is owned by Vipin. I find his articles to be very simple, easy to understand and educative. He also shares lot of real-life experiences and learnings through his blog posts.
I am sure, you must also be following some Personal Finance blogs, am I right? Please share your favorite list of finance related websites in the below ‘Comments’ section. Cheers!
Kindly note that ReLakhs.com is not associated with any of the above Blogs/Portals. This article is for knowledge sharing purposes only.
(References : Respective above websites) (Image courtesy of fantasista at FreeDigitalPhotos.net) (Post published on 20-Jan-2017)
Thank you for sharing useful information. this blog very nice for finance. there are learn many tips for finance
Thank you for adding Financialsafari.wordpress.com to this list. This is really a wonderful and thought-provoking blog.
Being a CFP and a personal finance blogger myself, I completely agree that it pays to be aware and to stay updated in this dynamic world of finance. The best and easy way to do that read, read and read some more.
But I believe that one learns just as well from any good personal finance blog in the world, and not only from Indian blogs. This is because money management and investment issue faced by people are mostly same irrespective of their nationality.
All interesting websites in one place. Thanks for sharing.
I am a CA and have recently started blogging on Personal Finance. Please take a look at my blog – and guide me to improve it. I am no where in the league as you or any other experts you have listed above so please advise.
All the best dear Rick..
Nice quotes on your home page!
Post is very Interesting Srikanth,
Like you stumbled upon jagoinvestor. I stumbled upon your blog.
I also maintain financial literature at my home and crazy about personal finance.
I am a trader and blogger myself. I hope someday I will join your list of favorite blogs.
keep writing and inspiring.
Hi
I have started investing in bank RD 8 months back.Right now around 20000 is going into 2 RD’s (10000+10000)opened at the same time.RD period is 1 year.
Then i have invested 10000 in a mutual fund for tax saving.
How should i plan my savings to meet immediate and future money requirements?
Once the RD period completes,im planning to divide the maturity amount into 4 and fixed deposit in 3months,6months,9months and 12months respectively.
This way evry 3 months a deposit matures and if any short term requirement i can use that amount.Is this a better planning?
I’m thinking of the below scenarios for saving money.
Emergency requirement
Short term requirement
Long term requirement
Tax Planning
Retirement Planning
etc
Which type of investment is suitable for each scenarios?
If you have a article on this it would be helpful.
Dear Vishnu,
May be you can create multiple FDs with same maturity date as you can get slightly better rate of interest for longer period. You can have them in multiple denominations.
You may also consider a Sweep-in account where certain amount gets transferred to FD account after reaching a threshold limit, there may not be any penalty for withdrawals. Kindly note that Tax planning is not a goal in itself.
Kindly read:
List of best investment options!
Retirement planning
Dear Sir
Due to certain person reasons, I feel that I need to invest in stocks (to earn at really better rate than mutual funds in long term). Can you please suggest any person/website/planner for stock trading which can suggest stocks by charging a fee? I understand about market risk and understand that even expert advice can fail at many times.
Any advice would be highly appreciated.
Maninder
Dear Maninder ..no suggestions from my side, apologies!
Advisorkhoj for their unbiased articles on mutual funds
Sreekanth, can you suggest some good books on indian stock market / world stock market written by indian authors
also if you can please suggest some more books on currency market (indian writers)
Dear Atanu,
Kindly google it, you will get plenty of suggestions.
Currency markets : I have no idea on this.
You are great
Hi Sreekanth sir thanks for your informative article . I follow your articles regularly beacuse of your simple and clear cut explanation. I can’t stop myself from suggesting that personal finance section from moneycontrol.com can also be added to the above list.
Thanks for your appreciation.
Hi Sreekanth,
It is so good to see my name on the list.
I must say I ( and am sure many others) have learnt a lot from you and your blog posts.
All the best and keep up the good work.
Thank you dear Deepesh 🙂
You are a big hearted person who suggest us other websites too to gain more knowledge from other sources too. Usually people afraid from competitions but you are good human
Big thank you
good luck keep it up ?
Thank you for your kind words dear Dipa.
Hi Sreekanth,
You have really mentioned great names in the list. Someday, I wish to see my name on this list. I am just started my blog and my prime focus is to help the readers as much as I can. I must say, I also learn a lot from your blog.
Cheers,
Dear Debarati,
If readers’ interests are your prime focus, you will surely have a successful blogging days ahead.
All the best!
Hi Sree,
I too started visiting the following blogs from 2016 (very late) and raised some questions. Also I am referring some of my friends to read your blogs about Financial investments.
Basunivesh.com
Freefincal.com
Myinvestmentideas.com
PersonalFinanceplan.in
Vipinkhandelwal.com
Regards,
Raja Rajagopal
Thanks for the post. I would add Subramoney to the list.
Dear Tarun .. I do follow Subra Sir’s blog 🙂
Hi Sreekanth,
I have been following yours and Basunivesh.com, all my investments are based on your articles. Thanks both of you for your wonderful and clear articles.
Dear Abhinay,
Thank you for following our blog posts 🙂
Kindly share the article with your friends. Cheers!
Hi Sreekanth
It was a pleasant surprise to see my name included in the list.
I myself have learnt a lot about Personal Finance from your blog and regularly follow it.
Thank you dear Karan, glad to see your comment!
Dear Sreekanth,
Fully agree with your openions. I also go through basunivesh.com. Basavaraj sir is also doing a splendid job, along with YOU in enlightening the common people like us in financial management. Do keep up the good job.
warm regards
RAJ
Dear Raj,
Thank you so much for your encouragement and appreciation.
You are very good person and I rarely saw in any financial blog that give importance to other expert in finance advisor, You show your guts in your financial blog and appreciate other blog readers from where you gain the knowledge.
From your list many I was following and few are now jumped into core source of income rather educate readers, and deliver true advise. I can smell on wording :).
I usually follow many blogs and yours is one of them, since you being so honest and be open about what you feel. I trust on your wording more day by day on your representation.
Regards
Dear Hardik,
Thank you for your kind words and for the TRUST you have on my work..
Let’s all learn and grow together 🙂
Good article Sreekanth. You are true when you said we are not perfect and keep gaining knowledge through other blogs. I follow most of the blogd you indicated.
Thank you dear Suresh for stopping by and posting your comment.
I follow your blog almost on a daily basis 🙂
Dear Sreekanth…
I started reading about personal finance in relakhs only. I find your articles very simple, clear and useful. Of late I started reading basunivesh also. I have gained quite a good idea about personal finance from your articles and I will always remain thankful to you for that. For me, relakhs.com is the blogspot which I eagerly watchout for new articles. Salutes to you. Keep writing for us. Thank you.
Dear Stanley,
Thank you for your kind and motivating words 🙂
Basu is my blogging guru and he has been consistently doing fantastic job for the last 5+ years. Kudos to him!
But you are my GURU from my CFP days. So I always respect you as my GURU and credit goes to you and madam.
This shows how humble you are dear Basa 🙂
Thanks for your comment!
HI Basavaraj Sir,
Glad to see you on Relakhs.com and glad to know that both of you share very good friendship. I am Dr Rajesh Pai from your blog.
regards
RAJ