Showing posts with label Money. Show all posts
Showing posts with label Money. Show all posts

Wednesday, January 14, 2026

What are some common ways that rich people mispend their money?

 (When money is not a servant it is a master.)

  • Water tank: Well, some affluent villagers in Punjab have installed water tanks in shape of air planes. These are not only expensively but also an eye sore to many.
  • Restaurant: It may sound bizarre; but an affluent entrepreneur has turned an air plane (Air bus 320) into a restaurant known as Run way 1 in Ludhiana,Punjab.
  • Well, it does serve pure vegetarian but multi cuisine food and affluent visit it to enjoy its hospitality Nevertheless; it is also involved in legal tussles with authorities.
  • Offering: It may sound strange; but many who seek visas or passports to affluent countries- USA , Canada and Europe- offer models of planes at a local Sikh shrine in Punjab.
  • This shrine is also known as Hawai Jahajwala Gurudwara and is situated in Jalandhar . It is noteworthy that Sikhism is all against superstitions . 
  • Conclusion:Money is a great blessing;provided one cares for it !
  • Pic credit: Google
  • Note: Kindly appreciate it without taking offence.

Tuesday, July 29, 2025

Is money the root of all evil?


  • Meena Kumari : She was hailed as India’s first female super star. Her beauty ,exemplary beauty and success were a folk lore.
  • Once she was considered among the richest artists of India -known for opulence and influence. She had won four film fare awards
  • Later marital problems and fragile health took a toll on her career and financial condition.
  • She died young without money. and her hospital bills were paid by her close friend.
  • Tyeb Mehta : One of the most celebrated artistes of India.
  • His paintings were and still are part of international art galleries around.
  • No wonder, he was awarded Padma Bhushan- third highest Indian civilian honor.
  • One of his paintings fetched 28 crores (around $2.5 million). Many others raked money.
  • Nevertheless, he had no money to get himself treated from heart ailment.
  • Dhyan Chand : He was (and still is) hockey legend. His hockey skills mesmerized entire .
  • He was awarded Padma Bhushan- third highest Indian civilian honor.
  • He was part of 3 gold medal winning Indian Olympic team.
  • Nevertheless, he died in penury.
  • Perhaps : "The lack of money is the root of all evil." : Mark Twain
  • Tip : Money must be treated as a blessing ;and thus used with wisdom and care.
  • Pic Credits : Google/Web

Tuesday, April 15, 2025

What are the most useful money investment and saving tricks?

 

Hello friends,

Saving and investing money doesn’t have to be hard or boring. With a few smart and simple tricks, you can grow your wealth without giving up the things you love. Here are practical habits real people use every day to stay financially strong. Here, showing you some tricks which are easy to understand, easy to follow, and connects with real-life situations:

1. Pay Yourself First

Save a fixed amount as soon as your salary comes.
It helps you build wealth instead of spending everything first.

2. Track Your Spending

Note where your money goes for just one month.
You'll be surprised how small expenses silently add up.

3. Start Investing Early (Even If It’s Small)

Start with as little as ₹500–₹1000 a month.
Time grows your money more than the amount does. Thanks to compounding.

4. Create an Emergency Fund

Keep 3–6 months of expenses saved in a separate account. It’s your backup plan for job loss, illness, or unexpected costs.

5. Use Credit Cards Smartly

Always pay the full bill, not just the minimum.
You avoid high interest and still enjoy cashback and rewards.

6. Only Invest in What You Understand

If something sounds too complex, skip it.
Simple, clear investments are safer and smarter.

7. Set Clear Money Goals

Don’t just “save”, aim for something specific (e.g., ₹10,000 for a trip).
It keeps you motivated and focused.

8. Automate Your Savings & Investments

Set up auto-debits for SIPs or transfers to your savings account.
It makes saving consistent and effortless.

9. Diversify Your Investments

Don’t put all your money in one place.
Spread it across stocks, gold, savings, etc., for better balance and safety.

10. Avoid Lifestyle Inflation

Got a salary hike? Great, but don’t spend it all.
Invest the extra and grow your wealth instead of your expenses.

Final thought

Building wealth isn’t about earning a lot. It’s about managing what you already have, smartly and consistently. Start small, stay steady and let your money work for you over time.