Frequently Asked Questions

Are you a financial expert?

No. My background is in Electrical Engineering and all my financial knowledge is self-taught or learnt in the school of hard knocks.

Are you trying to sell something?

No. I am not selling financial advice or mutual funds or insurance. The ads on the website helps me to defray some of the expenses of running this website. I maintain complete editorial control over the posts and do not accept any monetary or other favours for writing a post. When I accept a personal finance book for review, I clearly note that it was sent by the author or publisher.

Do you earn money through this website?

Yes. A little bit. But our two main sources of income are our day jobs. Even the income from our portfolios through dividends and interest far exceeds the blog’s revenue. So far, the website is largely a labour of love.

Why do you write this blog?

I used to record down my thoughts and observations and actions about credit cards, loans, investing etc. in a spiral-bound notebook. When I discovered blogging, I thought some of this stuff might be interesting and perhaps, even useful, to other people. Also, from reader comments and fellow bloggers, I learn a lot as well.

Why are you interested in money matters?

I lost a lot of money when the technology bubble burst and resolved that I would teach myself financial knowledge (as I explained in this blog post). It is just a case of fool me once…