I have friends who are investment bankers ( I like to boast of it since i missed the train - why ? is another issue) . Investment Bankers are supposed to be well rewarded rather well compensated in monetary terms for their lack of time and leisure. All in all they are supposed to be rich guys. Still I know many, all are shocked and found turning their pockets inside out when they get their Credit Card Bills.

Everyone knows what he is earning, stock markets, mutual funds, fixed deposit are re-earning on it but they are modest not to count on the re-earnings. But people forget that EMIs actually reduce their salaries. If one earns Rs. 35,000 in hand a month and buys a Santro with an EMI for Rs. 8000/- , the fools paradise lures him to belive that next month he will pocket Rs. 35,000. Actually his salary has been reduced to Rs. 27,000/- .

Next Best eating up happens with rent. Its also a huge chunck eating up into the pockets of ‘well paid’ people too.

Why i am counting out this silly items ? Actually i want to get to the figure of DISPOSABLE INCOME. Many have a perception of disposable incomes, which is largely ruled by the ball park figure of the Cash - in - hand. If i receive Rs. 35,000/- in hand and with a strong urge to grow, Rs. 12,000/- gone in IPO. So is my disposable income still Rs. 35k or 23k?

Thats the reason why people who are earning big are opting for damn expensive credit card financing, late payments etc which is a vicious cycle. These extra burgens further reduce your ‘disposable ‘income’ which you fund by your newly received GOLD CARD or PLATINUM Card, which again increases your leverage.

I think its a growing need of the generation to help them out with something like an instant balance sheet of individuals where people can actually know what exact their source of earning is , which sink is eating what pie and what will be left for the dessert.

Comments please… will address the issue @ kitnebaje.com

This the most wierd multiplication methos i have ever seen. But Seeing this video, i remember my school days where my Physics teacher used to tell us - ” Mathematics is nothing but advanced ways of counting ” So people who are averse to actually remember tables, weak in quick referencing digits ( like you look at 225 and know it 15×15 ) this method is quite easy to actually help them multiply by counting.

I am just wondering whats the actual algo behind calculating the multiples. Can anyone crack it for me ? Seems like i am getting dull !