Penny Wise | The Daily Star
  • Avoid wasteful extravagance

    Consumption can be a remedy against boredom and may convey a sense of fictitious power and supremacy, by standing out from the crowd through the extravagance of the expenditure.

  • Profiting from our poor unsuspecting workers

    It saddens me, and I am sure many others, to see how unethical some people can be.

  • Teaching the value of savings to children

    I was recently in the US visiting our daughters and their families. Our four-year-old granddaughter insisted that I bring her a gift every single day. She did not mind how small it was or what it was, but she wanted one.

  • Importance of sharing financial information with children

    Reema (not her real name) passed away and her husband had pre-deceased her a few years earlier. Their three children, two of them living overseas, were left behind as orphans.

  • The necessity of sharing financial information

    In our culture and social upbringing, we tend not to talk about finances, especially between spouses.

  • Steps to Get Out Of Debt

    Sometimes, you can be in debt because you have spent too much money on a holiday, buying expensive things or living beyond your means.

  • Financial Security: the Key to Peace of Mind

    I am often asked by friends and relatives for financial advice prior to their retirement from their jobs. Most of them get impressive gratuity and a substantial amount of Provident Fund and other retiring benefits.

  • Save when you can

    I have been a big fan of this great investor who also happens to be a billionaire. From his various advices, I have learned to live well, and spend money carefully and wisely, but most importantly, to save.

  • Gifting and guiding your children

    None of us know what the future holds for us and being prepared for any eventualities should be a part of our lives. The world has changed and so have people's mindsets.

  • Health insurance for travellers

    Travelling overseas has become a norm for most Bangladeshis, be it for a vacation, a business meeting or a medical check up.

  • Penny Wise: Investments for retirees

    Sooner or later everyone with jobs and self-employed professionals, will retire so it is best to start preparing for that day from early on.

  • Fall in interest rates

    I am writing this article focusing on individuals, not corporates.

  • Keep your financial instruments safe and secure

    We do not realise how important it is to keep our credit cards, chequebooks, and ATM cards secure and in a safe place until something happens!

  • Imperative to Share Financial Information Between Spouses

    I was at a dinner the other evening and we were discussing a friend's husband who had passed away. A lady sitting next to me said.

  • Understanding confusing signals from our bankers

    I keep hearing from friends and family regarding receiving letters from their banks about providing documents for particular accounts with threats that otherwise 'restrictions on withdrawals' will be imposed on the 'said accounts'!

  • Penny Wise–Pay Your Bills On Time & Save

    Personal finance is full of decisions: Rent or buy? Save or build credit?

  • Money Matters For The Young Professional

    During my early years of marriage, despite the fact that I had a comfortable life, I decided that I needed to have a job, not so much for financial...

  • Personal income tax reductions

    It is that time of the year when we have to file our tax returns. I hope all of you remembered from one of my previous articles the tips about being prepared for it.

  • Let us gain wisdom

    I am starting my column with a few quotes from one of the world's best financial wizards – Warren Buffett.

  • Online services

    The current scenario of Bangladesh is that life can come to a standstill and mobility at times can become extremely difficult.