I followed similar article's message.I am frugal for past five years.I have invested 2 lakh part by part in five years .it is now around 20 lakh.though it is not big money i am on the path to financial freedom :-) .kudos to the author
Oh realy this is a Excellent article !!!! i did not say as such in my 3 years job but but after reading this i started saving and hope to continue for 30 years..... and every one should do that ........
Hi..was a tad dissappointed reading this article..didnt expect the piece to be aboun simple finance planning which even an ordinary houssewife would be aware of...i thought i would be soemthing more in depth like some spiritual knowledge on right attitude and actions to create abundance...next time maybe..
Thanks for this article. For the past few months i was seriously thinking about money management. This artilce gave the petrol to move forward. A ten percent of saving from your salary, will make a good amount after thirty years. Many many thanks
A very very nice schemes and a very good guidelines for youns. I AM A 47 YEARS OLDMAN... but I start more early with my just 2 year old baby... and planned for 16+30 = total 46 years at the same amount of investment.... and I really surprise with calculation for a total of 46 years investment of Rs.5000/- per month equilant to Rs. 2760000/- total investment get her apprx. Rs.80000000/-.... WONDERFUL.........I start from Today...now....THANKYOU The WRITER...
RE:the secret of becoming rich
by dks on Dec 17, 2006 07:54 PM
So why dont you? Savings is one good way of, maybe not becoming rich, but at least becoming financially secure. Rich for me is getting above the 90 percentile. Tell me how to do that.
RE:the secret of becoming rich
by on Mar 06, 2007 07:44 PM
you are not rich because you didnt start save and investing early .most of us(99.5%) of the folks are like this .living from paycheck to paycheck
Whatever Value Research is telling is wrong. Throughout my life I have tried to save and my currecy notes have become bayleaves.After retirement I put my money in Unit Trust and they cheated me.Govt is printing currency notes without adequate reserve and is causing inflation.Inflation is a tax on savings.The present rate of inflation is more than 10% while the interest rate is 8.5%.If you save then you lose.So try to buy land near metropolis or in your village or in your father-in-law'splace by loan capital.Take homeloan.loan from near relatives at a Interst of 10% and put it in real estate.By that you will becme really RICH. A Senior Citizen
RE:The secret to becoming Rich
by on Mar 06, 2007 07:47 PM
dear senior citizen , dont blame government .it is your wish to become rich .i hate our government .but in this regard you only can save you
