Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Sunday, 11 December 2022

Getting Financially Smart

Financial education in India is not taught in schools or any institution, now that we are in a digital revolution and thanks to many influencers on youtube/Instagram we get a lot of knowledge about money management. But in the end, you should do your own investigation and invest accordingly.

I will talk about 2 shows seen on Netflix that can help you gain a new perspective on how you look at money and how you manage it. 


The Minimalist: Less Is Now

This documentary talks about how you own a lot of things you don't actually need, and you should try and get rid of them. It gave us a new perspective on how we often buy new things just because it is on sale and we fail to realize we won't use them. 

https://www.netflix.com/in/title/81074662


Bottomline: Anything we have or are planning to buy should add value to our life, not suck the soul out of our life. 


Get Smart With Money

This documentary talks about different people, how they struggle financially despite having a source of income, and how they cannot get out of the debt they have incurred. How to improve spending habits, make a budget, cut living costs, and save/invest. A basketball player, a family of four, and a girl living alone, Each gets assigned a financial advisor that helps them plan their finances and cut expenses. In the end, all subjects start doing better financially and are able to spend more time doing things they love.

https://www.netflix.com/in/title/81312877


Bottomline: Your income should be divided into 3 parts, Monthly expenses + Savings + Investment. 

You should try to spend some time doing something that you love, for instance, I love writing and I started this blog in 2011 I write every year, sometimes just 1 blog a year, but now I will try to write more often. 

Thank you Reading

Vivek Choudhary

Choudhary Speaks





Monday, 16 May 2016

Doing what you cannot do.

Please don't take the wrong message by the title, I do not mean you should do illegal things or wrong practices.

I'll rephrase a quote from Kung Fu Panda 3, Shifu says "If you only do what you can do you will never be more than who you are." Then again if you're happy with only what you can do then keep doing it. The work, the habits, the lifestyle these things determine what you can do or cannot do. There're a lot of people in this world and majority does stuff in conventional ways. Doing things differently makes us stand out of the crowd. If you're an employee and doing things that are assigned to you then you're only doing what you can do, but if you show a little more effort and give even more than expected then you'll climb that success ladder faster than your colleagues. But again it's not easy otherwise everyone could have done it. It takes much more and this applies in every field be it work or business. Going the extra mile, one more shot, when you're all done with push-ups but you do one more set anyways, that one extra set makes all the difference. So go for it don't sit your ass down watching cellphone or tv.


Vivek Choudhary


Saturday, 12 March 2016

You

I have not written anything lately, because to be honest I feel it hard to put my thoughts on a sheet, I just don't get motivated enough. But then I remembered something which was the very base why I started my blog.

Anything you write, will be read by at least one more person than you. So I write for that one person.

The topic here is "You" its a very interesting topic and one can write a book about it.
You see, the only person who can make you feel better, or make you feel bad is only you.
We feel happy or sad, because we want to feel happy or sad. And the medium is our expectations, A person with least expectations is always the happy one, because he can survive in the least favorable conditions. On the other hand when we look for comfort and want things according to us we cannot survive that environment and get hurt. You can relate this to everything in your life, love, money, success etc. So I would suggest you to give at least  10 minutes of your day to think about these 3 things, it will make you a better person.

- Who am I  ?
- What am I doing ?
- Why am I here ?

You may not get these answers straight away, but soon you will figure all this out.


See you soon...
Vivek Choudhary

Friday, 12 December 2014

What is a luxurious life ?

I'll never forget this day in my life, it was 12th December 2014. The month in which we worry about where to go on New year's eve, how to celebrate etc. But what happened to me was an experience, an encounter with reality that changed my mind forever.

So I went to this Government bank for some work regarding my account, we all know how government banks employee are, I'm not saying all of them are the same but the majority goes with rude, frustrated, damn slow employees. They made me stand for a while, I waited patiently because anger or attitude in such places only makes it worse. These two ladies were too slow and giggling around working and gossiping in between. Recently Jan Dhan Yojna was launched so I saw many poor people come in and bank employees treated them like slaves, "bola na baad me aana" "Abhi tak yahin khadi hai, nikal yha se" "is form me yhan ye kaun likhega" and the guard was like "aye kahan Ja rha h" and many more lines were said to them as if they all are terrorist or some species that don't deserve to have a bank account.

One lady politely told me to wait for 10 minutes. I sat on the chair, and at least 6-7 illiterate and very poor people came to me one by one asking me to fill in the slip which is used to deposit money. They had cash like 10rs and 50rs notes mostly. Amounts were 500, 600, 1500, and 2000 at most. I filled out their slips and they thanked me. I felt so good. This was the first time I could feel the emotions behind their simple thanks ( they didn't say thanks literally but they folded hands, smiled, and babuji, sir was used to addressing me) I was happy for them.

After an hour (they told me 10 minutes), I was still waiting. Then a guy appeared, he was nearly 38 or something, he was wearing a jacket that was torn from several places his trouser was very loose his belt was tightened so that the trouser doesn't slip away, his hair was messy, he was sweating, probably he walked or ran from quite a distance. He came to me and asked me to fill out the slip, the time was 3:45pm. He showed me an ID card, and to fill in the name that's on the card, he was working as a field laborer at a factory. I filled in the slip the money was 6500, I counted and sent him to the counter.
The madam at the counter was a girl 24-25 I guess. She straight away told him to go back as the time for transactions is over, and she can't submit money now. The guy with swollen eyes begged her to submit the money, he told her that his daughter in Bihar is very sick and needed medical attention, government hospital ain't helping. She still said no but the guy kept insisting and finally burst into tears, seeing this the girl said "Karlo emotional tum" and finally took the money.

The guy returned to me after the transaction, he sat near me, not on the chair but on the floor, I requested him to sit on the chair beside me but he refused and sat on the ground in a squatting position. He said folding his hands "babuji dhanybad, meri bachi bimar h, Ghar paise bhejne the, tankha 8000 boli thi sahib ne par keh rhe the pf k paise or in kapdo ko paise kaat k 6500 milenge is mahine, Subah se mang rha tha ab Jake 5900 diye, 600 rupe mene bacha k rakhe the wo mila k paise Ghar bhejen hain, dua krna Bachi k liye, bhgwan apko khush rkhe"

English Translation, "Sir thank you so much, my daughter is very sick, and my salary was decided 8000, but they said I will get 6500 after deducting pf and these clothes compensation, after asking too many times since morning he handed me 5900, rest 600 was my savings that I'm sending along, please pray for my daughter, god bless you"

And then he walked away, and many hours later, I was thinking about his problems and his family. This was the first time I learned how much a 10rs note matters to them, I smoke 8-10 cigarettes in a day and 1 cigarette costs me 10rs. My salary is 4 times his and I'm just 23. My dad and my sister are working and they earn way more than me. I've luxuries like vehicles, guards at home, my own house, and a job in an MNC.
I realized how blessed I am and how hard these people work. I have no right to be sad just because I couldn't get a ticket to a movie, or I missed my favorite TV show, or my phone battery dying too soon.

I learned life didn't give you everything you wanted. But it already gave you what you need.
So, I request you all to help people in need and appreciate what you already have.