Hello friends, hope you had an amazing weekend, and if not, what is stopping you guys. Go out there, have a blast, its not just weekends are meant to be enjoyed, weekdays are also special. So just make sure next time you have a superbly amazing days. I also had an amazing weekend. First, I was reluctant to go out, but in the end I went and hey, I enjoyed. :) But, but , but in between enjoyments one small thing which we shouldn't miss to think about is - planning and management. Nah ! Its not again about time but a crucial thing - money, finance and budgeting.
Management plays an eternal role in our life. It is very important and wealth management is one thing that needs to be handled really with care. My be that's why finance department is called the back bone of the organisation (now you know why they are the most egoistic people in the organisation; something just comes :P )
On personal level too, managing money is the most important as well as the most difficult task, and it needs special attention. After all it's your money. Few days back, I encountered a person in my office, he was riding HARLEY DAVIDSON, the mean machine. Boys must be aware about it, knowing it's true value, and I am sorry girls if you are not aware about it. Ask your man, he will tell you about it in great detail and can spend hours appreciating it's beauty (her beauty in boy's language, but don't be jealous, LOL). Now coming back to the story, this person in my office, he rides HARLEY DAVIDSON, but has a very meager hand to mouth salary. I don't want to condemn anyone, infact this person is an amazing person to be with and one can learn how to be motivated and be high on ambition at every point of time. But I all want to make a point that I don't find any point if a person is spending 4 months salary in one go. I don't see nay value addition in him.
Even I am high on energy, motivation and ambition. I also want to roam the globe, but only after completing some necessary things. If the same person would had invested in SIP ( Systematic Investment Plan) then also he could have bought the beauty, no doubt it would have taken a little time, but one thing is assured that this hand to mouth scenario would have been eliminated.
I don't know, I feel that one should have double the amount saved before you half it instead of already having half and making it zero. In other words, I wish to by 10,000 rs product, for that I should have atleast around 20,000rs before. So that, even after I purchase - my monetary account is flexible and leaves with good options for future necessities, luxury and not to forget, emergencies !
We all have our own individual money sense and its never ever wrong to learn and analyse others viewpoints. Don't forget to share yours !!!
Invest good, generate money, invest in wealth maxi-misers, enjoy the returns and then the world is all yours. Cheers !!!!!