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Pravin Kumar
Age: 64 Zodiac: 
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Posted: Mon Apr 26, 2010 11:49 am |
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Dear all,
I hope and sure that most of you are earning member in the family.
We require money for our regular outgoings, future needs, children education, EMI, medical expenditure etc-------we hardly find money available with us for investing.
However it is crucial and important to start saving at the earliest as per our income and future needs. At early age of our earning stage we want to enjoy and freak-out. One can do that however with caution.
I understood the power of money and invested much earlier in my life.
My future is well secured and no botheration for inflow of money due to foresighted investment.
Here I would like to inform and emphasise you on the real power of money.
Please read the attachment on wealth.
I will provide all the information available with me on investments and its advantages and disadvantages.
What can you buy for a Rupee these days?
Here in India, the answer to this question is, "Not much!"
It is therefore easy to think of a 100 Rupee as a trivial amount of money. After all, it’s only a Rupee right?
Wrong!
A much better way to think of a Rupee is to see it as a seed.
=
Most people pass these seeds around in exchange for various items and services those are really not necessary (except abundant source of money), but smart people realise the true nature of these seeds and instead of passing them around, they plant the rupee.
And when planted, a ‘Rupee seed’ takes root and over time grows to become…you guessed it…
A money tree.
It’s an undeniable fact that a Rupee saved and invested will grow over time to produce more and more money.
Now the important point about this analogy is that when you spend a Rupee, you are not just giving away a seed – you are giving away the tree!
Each time you spend a Rupee, you are not only losing that Rupee but also all the Rupees it could have produced for you in the future if you had invested it. (Smart people do so)
When you adopt this view of money, you begin to appreciate its true value, which in turn makes you think twice about how and where you part with your hard earned ’seeds of wealth’
As you go about your activities in future be aware that each Rupee you spend is the seed of a money tree. There is no need to become a tight fisted miser though, instead, just use this analogy to think twice about your purchases and make sure they are really necessary.
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