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Category: Miscellaneous
#768741
Time is more precious than money. Health is also more precious than money. If we are alive and if we are healthy there will be many ways to earn money. Money is required to live and carry on. But we need not think that we should not run after money.
Managing our time and other resources is very important. We may be earning a lot of money but if we don't know how to use the same judiciously, when we really need it, we may not find the same. So one should have some reserves for health-related activities. But they need not think of saving money for their children. They will have their own jobs and earning ways.
Once we attain the age of 80 years, we should not think of savings and if we manage our lives with our money, that is more than enough.
drrao
always confident
Managing our time and other resources is very important. We may be earning a lot of money but if we don't know how to use the same judiciously, when we really need it, we may not find the same. So one should have some reserves for health-related activities. But they need not think of saving money for their children. They will have their own jobs and earning ways.
Once we attain the age of 80 years, we should not think of savings and if we manage our lives with our money, that is more than enough.
drrao
always confident
#768747
The present trend of spending money is totally different from the earlier trend of saving money. In earlier times people respected money and spent it on necessary items and not just like that for fun and frolic. They saved it for a good future and also for rainy days.
Today a young person wants to enjoy the present and does not bother much about the future. These young people feel that they should enjoy the present as much as possible.
Now both the above approaches are at the extreme and what we require is a balanced approach.
Frankly speaking, one should save at least 35-40% of one's earnings for the future and should manage with the balance and enjoy whatever is possible in that. If earning is more one can definitely enjoy more. In my opinion that would be an approach very near to an optimized balanced approach.
Knowledge is power.
Today a young person wants to enjoy the present and does not bother much about the future. These young people feel that they should enjoy the present as much as possible.
Now both the above approaches are at the extreme and what we require is a balanced approach.
Frankly speaking, one should save at least 35-40% of one's earnings for the future and should manage with the balance and enjoy whatever is possible in that. If earning is more one can definitely enjoy more. In my opinion that would be an approach very near to an optimized balanced approach.
Knowledge is power.
#768758
This post is giving a nutshell of the life of every body, managing the time and money. Everybody spend maximum time to make money, that is the interesting part of it.
Living on this earth demands money. Without it one's life become miserable. Others look down upon him/her. Hence everyone spend time for making money. This is the relation between these two!
tmsankaran
Living on this earth demands money. Without it one's life become miserable. Others look down upon him/her. Hence everyone spend time for making money. This is the relation between these two!
tmsankaran
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