alternatively, u can just recognize the fact that having a bigger and bigger lifestyle will not do nothing but add to ur financial burden..u can realise that true happiness is not on the outside and live a simple life with high thinking..you can work harder and use the excess money to help those who are underprevileged, rather than buying a car for 5 crores which doesnt make any sense, even in terms of luxury
You are right. I know 'cause I am a south Indian and I a person as you stated above. Just the diference is that we South Indians spend pretty well when in India and try to a little thrify when we are abrode. This is to make sure that we bring back something substantial in a short period like an year or 2 and belive me I am helping some of my collegues from North to make them learn how to improve their savings when in abrode. They are pretty happy with my strategies. I feel there is nothing wrong in being a good Manager of your own hard earned money. That is why even god (Krishna) tell us the value of each grain of rice
I am ready to invest Rs 2000000 and want a regular income of Rs 30000 for the rest of my life as per growth of inflation also. I will be retiring after 10yrs. Kindly guide me the best way to invest so that i can secure my second half and lead a tension free life from financial end. shall i go for fix deposites or shall i invest somewhere else to get better and secured returns.
RE:post retirement income after 10yrs
by Pankaj Ramani on Apr 11, 2008 02:45 PM Permalink
advisers hv got NOTHING 2 loose as advise by nature is FREE...it is the peron who takes the advice has 2 tahe the RISK
RE:post retirement income after 10yrs
by arnab majumdar on May 31, 2007 06:39 PM Permalink
Go for Post Retirement schemes and invest in Mutual funds...Make ur retirement happy..
RE:post retirement income after 10yrs
by dinesh singh on Jun 01, 2007 02:24 PM Permalink
Invest your money in A Group Shares. And Keep a watch on them. It would be beneficial for you in the long term.
RE:post retirement income after 10yrs
by Vishal Raina on Jun 01, 2007 06:59 PM Permalink
Nitin, All the advice that people are giving here are dangerous. Please see the real eye-opening articles:
RE:RE:post retirement income after 10yrs
by Sanjay Mittal on Jun 01, 2007 04:16 AM Permalink
I can be reached at shmittal.india@gmail.com for further detailed discussion on planning your post retirement. Thanx, SANJAY MITTAL.
RE:What about places without a lifestyle store
by Vijaykumar Panchagatti on May 31, 2007 06:19 PM Permalink
Meena...Please move to a place where Life style is there and read the article.....Joking
Thank you for presenting this idea.Inflation means continuous rise in price.It may be due to increased cost of production or demand- increase for better amenities of life with high price.The author has rightly pointed out the second thought.People should cut his cloth according to his capacity.If he goes beyond his limit--ultimately he will face the hazards of life. This will drag him to utter frustration or even death too.Thanks
Nice, informative & educating article. My wife always keeps cribbing, citing her friend's ways of living. She wants to spend, since her friends lead a lavish lifestyle. I am going to take a printout of this & make her read. I hope she understands.
RE:Beware of 'lifestyle inflation'
by xyz abcs on Jun 01, 2007 02:20 PM Permalink
i dont think this will do ur wife any good..u should give her something to read that shows her that true happiness doesnt come if u keep spending more and more money on whims
The best life will be to live a very frugal life. Avoid all luxuries, do not waste money on going to movies, eat best at home, never visit hotels, do not buy luxuries very often and keep saving like a miser. Our grandfathers lived such a life and it will save us at all difficult times.
RE:Lifestyle inflation
by harish shankar on May 31, 2007 05:38 PM Permalink
well it means.. he is bit more conservative in his outlook. Not impromptu assh**le like you
RE:Lifestyle inflation
by anup sharma on May 31, 2007 07:14 PM Permalink
No pun intended and absolutely no offence to anyone but I have personally found many of my South Indian colleagues behaving like this. Being software professionals, we frequently go abroad for software assignments. This trait becomes more so profound there. On another thoughts it may be relative. What seems frugal to us might be other way round for some one else and for some other persons our ways might be more frugal than theirs.
RE:RE:Lifestyle inflation
by Anand Narayan on Jun 01, 2007 12:09 AM Permalink
Dear Anup,
You are right. I know 'cause I am a south Indian and I a person as you stated above. Just the diference is that we South Indians spend pretty well when in India and try to a little thrify when we are abrode. This is to make sure that we bring back something substantial in a short period like an year or 2 and belive me I am helping some of my collegues from North to make them learn how to improve their savings when in abrode. They are pretty happy with my strategies. I feel there is nothing wrong in being a good Manager of your own hard earned money.
RE:Lifestyle inflation
by prashant sharma on May 31, 2007 05:31 PM Permalink
haha hilarious but true, i dont mean to offend any one but i heard this many times.
RE:Lifestyle inflation
by Phoenix Raj on May 31, 2007 05:48 PM Permalink
Saale... u people bring this topic, regardless of the discussion going on. Dont you understand english.
