UP'S AND DOWN'S IN LIFE

UP'S AND DOWN'S IN LIFE :-


Up's and down's in life are inevitable facts, moreso in financial aspect. This happens to majority of the people and only degree and density varies. All the reasons presented herein may be considered as justifiable and acceptable and to be considered as an eye opener to the growing and younger generation. There are many good things one is supposed to inherit from the predecessors, and when this does'nt happen and work, its for the elders in the family to have these inculcated in the children for good.

Money and wealth management is an Art as well as Science. Apply Art whenever required and apply Science wherever required, so that one does not fall into the pit and look for salvation and rescue.

According to me there are two main factors that will help one to escape from falling into the pit arising out of financial constraints.

1.Relationship;
This has become a sinking ship in most of the families and number of ships has sunk and still people don’t learn and realize. Many people who have become the victims of financial constraints did not maintain proper and adequate relationship maintence skills and knowledge within their family members and relatives. The reasons put forth are flimsy, unjustifiable and to put in two words “Mere Non-sense”. All types of relationship, say close knit, middle knit and distant knit have now entangled with irremovable knots, the main reasons being, false promises and not keeping up words, jealous, ego, greed, sore-eye, cheap thrills at ones own kith and kin’s sufferings etc. If only parents take adequate care and precaution for relationship maintenance 90% of the problems will be solved and remaining 10% will vanish after seeing 90% of the problems solved. Ensure to teach children maintaining relationship with Love, respect, cordiality and courtesy to your near and dear ones.

2. Planning: In many of the families you will find no planning. This is yet another root cause. Planning is very essential. This is again the responsibility of the Elders in the family to sit together and workout strategies and plans in advance. If the planning is in its right place, at its right time, it goes without saying the budgeting is also with it, as budgeting is very important in ones life and for ones family. There is a good old saying “DO NOT FAIL TO PLAN, UNLESS YOU HAVE PLANS TO FAIL.”(Bear this in mind and act appropriately) Think several times B4 you spent and don’t think to invest in savings for future. Many of us will come to a stage wherein our earning capacity will diminish and at old age only savings will come handy to make an independent living without making to strain your near and dear ones beyond certain ethical limits. If your near and dear ones wants to help and support you, accept it and may be such helps should be put you in a position to make it as a savings.

Be of use to youngsters at your old age by motivating them, inspiring them, inculcating good and ethical values of living and loving.
No one has ever born in this world with possessions nor will any one die taking something with them. It has never happened nor will happen. Only your good actions and deeds will be remembered that too for a limited period- that’s what is world and that’s how we are leading our lives.
With Love.

JK