My cousin doing his MBA today met me online, he was writing some paper which he had to submit today on the subject 'World of finance'. He wanted me also to have a look and comment. So while going through it, I thought why not try this subject today for my blog...hehehe...!
World of Finance: It’s very boring....I hate financial jargon...like investments, shares, liquidity, interest rate, CRR, etc etc....I can relate to finance only to the extent to which any other common man could relate – Managing one’s money in such a way that one can run his/her family. Now I know that ‘running a family’ is a broader term, and for different people it can mean differently, the scale can be different – for a poor farmer, it might mean being able to cater for only the food, shelter and cloths for his family, whereas for a rich man, it would be being able to live a king size life. Still, more than that, I wouldn’t know about finance. But probably that might be the root...where this finance starts....people want to feed their family, they want them to wear good cloths, they want to live in a good accommodation, basically everyone wants a better quality of life...everyone wants to improve... so there is always a need...humans always need something...they are rarely content with whatever they’ve got...that might be the starting point of finance...may be.
Now the important question...am I good at it...am I good at managing my money? I am not... but what to do...mostly I spend money when I feel like spending...ofcourse my middle class upbringing makes me think about it once or twice but it fails to stop me though...investment, future planning...these things cross my mind but yet can't stop me spending when I want to.
But probably it'll all going to change soon..! I guess everyone must give some thought about investment and making one's wealth grow..it's hight time I should start the same.
That's world of finance for me...so mean so self centered isnt it?
No comments:
Post a Comment