Dec 16 2008
It’s the “Money” honey..
The word ‘Money’ is like ‘Honey’.[Who would not like it?]. Money, like blood, is also a life source. In the ancient days, there was barter system of trade. Money gradually replaced the barter system.
Money is the greatest motivator, whether for good or bad acts. We earn money for our survival. Some people amass the money to be wealthy, while some people getting poverty by spend it recklessly. Amazing point is, money makes wealthy even more wealthy, while poor people struggle for bread.
Just watched the movie ‘Ruthless People’ [starring Danny De Vito, Betty Midler, Judge Reinhold and Helen Slater], for the 5th time. This funny movie gives the glimpses of money value. ‘Ultimate Gift’ starring Drew Fuller, too, is about the true value of money.
But, when it comes to true life situations, we could not exercise discretion. It seems we are spending money just because we are earning money! We take loans, wherever possible, and buy whatever we wish to have. We follow others blindly, to purchase articles, just because others bought it, even if we do not need them. We could not resist the urge, and we sometimes mistook it as prestige.
We need to conserve money. Saving a Dollar a day, may help to run the life smoothly in the fag end. We need to be frugal. People of Japan and China have good savings when compared to other countries. That is why their economies are strong despite global economic upheavals.
As an individual, I am investing 5% of my earnings in fixed term deposits. This way, I can sleep without any insecurity in later stages of my life. I made up my mind, not to imitate others in buying useless stuff. I do not want to pile up unnecessary goods in the store room.
Think about the necessity before, making a decision to buy anything. Exercise discretion, and save some money for urgent needs.
