Tuesday, July 3, 2018

You Care for Money, Money will Care for You

MONEY, the most important entity around which the whole world revolves round and round. 

Very Impressive definition of Money I found 👇
"Money is a paper which found no dustbin in this entire world! With out which living in this cosmopolitan world is difficult since for everything Money is required except mother love and father guidance."

We all know what Money is; Money is any form of paper or metal that can be used in exchange for buying products or getting a service.  


You Care for Money, Money will Care for You
















Money and Honey are life for so many.  

They are not something to speak on, but to earn and safeguard continuously in our lives. Everything in our real world is secondary to Money, and there is no doubt about it.

Study of money as a science/mathematics brings us to the subjects of economics and finance.  "Artha Sastra" is written by the famous Chanakya (Kautilya, Vishnu Gupta) before Christian Era.  It deals with all aspects of wealth in politics and economics.

Let us ask ourselves how it came in to our lives?
   
Money was originally invented by the man as a common denomination. Long ago, it was introduced mainly for trade and exchange of goods (and services)  and to save the earnings in the form of money.  That was the Barter system.  In the old days, money was secondary to the ethical and moral values in the society.  But not now.
  
Nowadays everything boils down to money:

But as the time progressed, the value of money increased tremendously and the value of the human being decreased in comparison to money. We need money for buying food and for arranging basic amenities. We need more money for living comfortably. We need to earn even more money to live luxuriously.

But, there is one catch. Money is often, the seed of money, That is, you can earn more money only if you have money.  Taking a loan is one way people get the initial seed.  We need to earn more money for saving for the safety of ours and of our family members in the future against any calamity.  When we have money, people give us respect in the society.  

A man without money is like a bow without arrows.

In Hindu mythology money is symbolized as Goddess Lakshmi. People worship Her with due respect and care. Kuber is the God in charge of money.  In other religions too there is a God for money and wealth.
  
Money has changed its form into plastic cards (credit/debit) and Internet secure accounts.

Nowadays, as there are many NRIs abroad and many Indian visits abroad, the importance of Dollar and foreign currencies is growing.  Indian market and Rupee is being driven and affected a lot by foreign markets and foreign currencies.  

Recently China has affected many currencies.  We get about Rs 68 for 1 US Dollar.  At the time of independence, 1 Rupee was equivalent to one US Dollar.  Often, Indian Rupee is devalued to favour exporters.  But it affects badly on other fronts.  Value of Indian Rupee denotes the stability and strength of Indian economy, production and capabilities.


"Money (currency notes and coins) are printed by the government press controlled by the Reserve Bank of India.  Black money is the amount earned without declaring the sources of Income and not paying the concerned tax for that amount to the government."

The value of metal used to print the coins indicates the economic strength of the nation. High domestic productivity, large amount of exports and small amounts of imports increase the value of our money.

Value of currency perhaps decreases in future, things may become costlier.  So it is imperative that we learn to earn more and/or save more.  There are many films in all languages that tell us the importance of money, the good and the bad.

One must save the money earned in multiple assets, like residential houses, plots, deposits, industries, investments etc.  That is for a secure future in case of adversities.

Unfortunately, even the richest person seems to be not content with amount he/she has. He/she will want more.  So we must exercise caution not to be greedy beyond limits.

It is important that we earn money and save money too. Earning money in illegal ways can be dangerous in future. 

We never know the worth of water (money) until the well (our purse) is dry (empty).  So earn money honestly and live happily.  Easily said than done, money is not so easy to earn and protect.  We need to be careful and caring in today's ever cost-increasing world.




To be Continue...!!

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