Those who fail to plan will always plan to failA famous Chennai=based Management Consultant would often emphasize the value of planning in life by mentioning the need for meticulous planning. Those who fail to plan, he would explain, will always plan to fail.
This is indeed true. Take financial planning. Time will just fly. If we plan for the really long term like a 25 year period, at the end of it, we will be very comfortable, provided we do not touch the savings. For example, the PPF for 15 years can be extended by five years at a stretch. Thus, even if one saves Rs.10,000 per annum, he will be left with a good sum when he decides to call it quits. The entire amount is tax-free. Agricultural income is now tax-free. It never will be subject to direct tax. Hence, the shrewd IT professionals are providing capital from their resources to their relatives to start organic farming of vegetables, for which there is a big market at any point in time.
There is a lot of planning to do in other areas as well. Let us assume that a young man, a raw B.Com graduate from say, Tirunelveli, in deep South Tamil Nadu, wants to crack the Civil Services Exam. He has to plan every step. He should move over to Chennai or New Delhi and rub shoulders with serious-minded students. He needs to pick his two electives very carefully. He needs to interact with those who were successful. He compulsorily needs to join a coaching center. He needs to work very hard to pass the preliminary examination and then go in to prepare for the final examination and the interview. Nothing is easy and hard work of up to at least twelve hours per day is called for. However, there are similar cases, where hard work, combined with careful planning, has brought success.
Hence, we need to plan every aspect of our lives. Those who fail to plan such steps and aspects will obviously fail and will wonder what happened.
This is my entry for the TOW context on "Plan".