Money can never buy LONG LASTING RELATIONSHIPS. Money can help you get a good wife or girlfriend but a lasting relationship is only possible by giving unconditional love. The misery of the money minded people is that they can never ever do anything without condition or reasoning. Even if they buy a gift for their partner it will not be because of emotional impulse, but because of some good bargain.
THE MOST IMPORTANT THING IS LEFT OUT OF THIS ARTICLE... IT IS ALL AROUND US. WE TAKE IT FOR GRANTED. WE HAVE IT IN AMPLE WHEN WE ARE YOUNG AND END UP WASTING IT. AS YOU GROW OLDER YOU REALISE THE VALUE OF IT...
AND THAT IS "TIME"
NO MATTER NOW RICH YOU ARE . NO ONE IN THIS WORLD CAN BUY YOU YOUR GOOD OLD DAYS. LIFE IS A ONE WAY JOURNEY. AND YOU GET ONLY ONE CHANCE. MAKE THE MOST OF IT GUYS.
This ia a very good debate. It indicates that people have started realizing that money cannot buy all things. In fact, attachment with money and materialism have done great harm to our personalities. The more we move towards money, the more we are away from our real self. Why do we not have now in the world great personalities like G.B.Shaw, Sir Winston Churchil, Roosewalt, Nehru, Patel, Gandhi, Madanmohan Malviya, film makers like Vimal Roy, Guru Dutt? All these persons had strong individual convictions, ideals and goals and they devoted their whole lives for realizing the same. If they earned money, if was just a by-product. Now there are no such great personalities because all persons are the same - they are busy towards collecting either their ist crore or 1000th crore. They may be in different professions, but it does not matter. Their main aim is to make money. As such, their mental makeup the same. There are non personal idiosyncracies.
Bill Gate realised the futility of collecting more and more money and has left out of the race and has vowed to devote his life for social causes.
In fact, for any spirtual advancement, attachmennt with money is a great hindrance. Lust for material comforts affects our consiousness, limits our awarness leaves us barren inside.
if you have money and less knowledge one can start investing in learning and gain knowledge! after gaining knowledge you are now superman! concept is simple hire smart people who can work for you and return profits agar profit na mile 2 danda kar do unke it will be a fun now money will grow automatically and you will have lots of time to find friends,enjoy with your family,you can play golf like larry allison(oracle founder),you can enjoy like paul allen(co founder of microsoft),you can do charity and receive lots of respect like warren buffet,bill gates,you can party as long as you want as your employees are working,you can go for long holidays with your family. ------------------------------------ but for middle class people who want to be rich have to suffer because they are doing everything on their own ->they are doing job and have fixed time,if they want to be rich and enjoy life they need to leverage(rich people enjoy because they have leverage) ->they cant take risk ->their financial knowledge is poor ->they always expect increment in salary(but when salary increases two factors TAX and INFLATION kill their gains) note: increase your financial knowledge if you are from any category (poor,middle class,upper class) use your knowledge to create leverage and enjoy you can achieve anything with money provided you have the knowledge (start reading books on finance like rich dad poor dad
This is definitely an interesting and debatable topic…
We all understand that we can't do much for ourselves or those we love if we don't have money. We are all busy fighting for survival. We all are so busy in this rat race of achieving more with every passing moment. We have completely ignored the fact that we are losing a lot of precious time that we could have spent with our friends and family.
Friends & Family – You do not have money you actually have almost no friends or friends who do not have money. Friends are many but true friends are very few, so you would have friends without money but only a handful. You can’t keep your family happy without money. Talk about buying just flowers for your wife on her birthday every year. How about taking your family out for dinner/movie only once or twice a year. You can’t afford your fathers bypass surgery in a good hospital, and you see him die in a govt. hospital. You can’t send your children to good private schools to ensure they have a good future.
Home – How about living in a small home with no basic amenities available. In summers you sweat like a pig as you cannot afford an air-conditioner.
Happiness – This is very subjective. With all the above mentioned problems, I don’t see any reason to be happy about.
Immortality – Money can’t buy you immortality but it can definitely assure you a long life. It can delay what is inevitable. If you do not have money you do not even have a fair chance of survival.
Assumption: House cost 20,00000 which can be rented at 5000 per month rent Rent increasing 5% per annum house appreciating 5% pa EMI 20000/- My point is that rent and home prices will increase same rate,as it can not happen that one is steady or slow and other is increasing very high, Saving denotes what amount will be saved if living in rented house instead of buying and paying EMI Saving =EMI-Rent Of these saving 1 lacs will be invested lon term in equity/mutual fund that can fetch 15% return (though it can be higher but i m taking a conservative view) for eg. in first year i will save 1,87,716 of which i will invest 1 lac and rest 87,716 i will spend on my lifestyle i have negated tax benifit because HRA component is not taxed which accounts for 1,20,000 (10K pm) in my salary component.
RE:rent or buy
by ashish on Aug 21, 2008 12:00 PM
18 137521 247716 ; 110195 100000 19 144397 247716 ; 103319 100000 20 151617 247716 ; 96099 100000 TOTAL 1983957 4954320 &nb sp; 2970363 2000000 Assuming 1,00,00 invested each year with 15% return compounded annually the total value at the end of 20 year 1,19,44,677 (around 1 crore 20 lacs) 9 lacs that I didn't invested and spent. Assuming property appreciated 5% each year house value after 20 years will be 53,06,595 (Around 53 lacs)
MONEY IS IMPORTANT. BUT IF YOU ARE IN WATER, AND DROWNING, AIR IS IMPORTANT.
My dear friend, if respect comes with money, the jews of Germany were the richest. India is not the rich country, especially with 100 crore population, still people of INDIA are happier than USA. HOW COME? HAVE YOU SEEN THE MONEY MINDED SOCIETY? GO TO USA, AND CHECK OUT HOW HAPPY OR STRESSFUL THEIR LIFE IS. SO CULTURE IS IMPORTANT. IF YOU HAVE WIFE AND PARENTS AT HOME, YOU CAN BE HAPPY. IF YOU HAVE KIDS YOU CAN BE HAPPY. MONEY WILL FOLLOW YOU IF YOU ARE A GOOD HUMAN BEING.
GANDHI DID NOT COLLECT MONEY. NEITHER DID SARDAR VALLABHBHAI PATEL, LAL BAHADUR SHASTRI, NARENDRA MODI. STILL THEY HOLD AN UNFORGETTABLE PLACE IN HISTORY OF INDIA OR WORLD.
DO YOU REMEMBER YOUR GREAT GRAND PARENT'S LIFE? WE DON'T REMEMBER WHO WAS OUR FORE-FATHER BEFORE 150 YEARS. STILL WE REMEMBER RAM, KRISHNA, VASHISHTHA, RISHI VALMIKI, VYAS, KASHYAP, BHISHMA, ARJUN - WHO WALKED ON INDIAN SOIL BEFORE 5000 TO 10000 YEARS BEFORE.
HOPE MONEY IS NOT EVERYTHING. THAT IS CLEAR NOW.
SINCE INDIANS HAVE EVERYTHING ELSE (WHICH IS MORE IMPORTANT THAN MONEY, DIAMOND, GOLD, PERAL-- i.e. HUMANS, RELATIONS, FEELINGS, SOMEONE TO ENJOY THAT MONEY WITH), NOW INDIANS LOOK ONLY FOR A TINY PIECE OF LIFE - THAT IS MONEY.
RE:CULTURE gives everything
by manogyata saxena on Aug 21, 2008 10:34 AM
Gaawd u have such terrible english!! U write may be just the way you talk...and well the comment does not make any sense... YUck!
