Charity | Wealthymatters

Charity On Akshaya Tritiya

May 13, 2013 Leave a comment

wealthymatters Akshaya Tritiya is considered an auspicious day by Hindus If you are coming in late,you can read more about it here.Buying precious metals,making investments, buying properties, starting businesses and buying household goods are major activities people schedule for this day.Giving,daan i.e. charity is another major activity of the day.

The traditional belief is that whatever is given away freely with a good heart returns manifold.To do so on this auspicious occasion is to multiply the returns manifold.Giving implies that you have the good fortune to be in a position to help/give. So by giving on this day, people hope to be in a position to give more in the years to come,1.e. become more prosperous.

The common belief is that:

If you do charity on this day, you will conquer the pain of death.
If you help the poor and down-trodden, you will be blessed in your next birth.
If you give clothes to poor people, you will get over diseases. Read more of this post

About these ads

Filed under Philanthropy, Theory, Tool Kit Tagged with Akshaya Tritiya, Akshaya Tritiya charity, Akshaya Tritiya greetings, buying gold, buying household items, buying property, buying silver, Charity, daan, Deva tharpanam to get rid of poverty, donating clothes, donating fruits, donating shoes, donating umbrellas, feeding Brahmins, giving buttermilk, giving curd, giving curd rice, giving grains, Investing, postaday, starting business

Wealth Watch At The Mumbai Marathon

January 19, 2013 Leave a comment

Tomorrow is a Sunday and its pretty chilly too in the mornings these days. But if you make the effort you can take in the the Mumbai Marathon tomorrow morning.You can pick a spot on the route shown in the map ab0ve. Read more of this post

Filed under Tidbits Tagged with Adidas Adipure Trainer, Anand Mahindra, Anil Ambani, Charity, Deepak Parekh, Hydracoach, millionaires billionaires, Mumbai Marathon route, Nanhi Kali, Noom Weight Loss Tracker, Parth Jindal, pedometer, postaday, Rashesh Shah Edelweiss Group, Sajjan Jindal, Standard Chartered Mumbai Marathon, Stepathlon, Suunto Quest, United Way, YM Deosthalee

An Interesting Take On Donating

December 28, 2012 2 Comments

wealthymatters.com

Would you donate your last penny?

I can honestly say that I would not …

Which brings me to a related topic: it seems that many people who come into money take a chunk of it to donate. Perhaps to have the wing of a school named after them, or to do some other ‘good works’.

Whether the sum is $1,000,000 or $100,000 or $10,000, when donating what you consider to be a large sum, think about what you are really donating; you are not merely donating $1,000,000 (or $100,000 or $10,000), you are donating the future value of $1,000,000:

Let’s say that you plan on living for another 40 years, and you can invest your money at 5% above inflation, then the real value of your donation is not $1,000,000 but more than $6.7 million!

When thinking about donating that $1 million [AJC: The Cartwood Family Wing does sound tempting], I’m not really thinking too much about that $6.7 million [AJC: or, $28.8 million ... ounch!], I’m actually asking myself:

Would I donate my last $1 million? Read more of this post

Filed under Philanthropy Tagged with annual donations, anonymous donations, charitable donation vs inheritance, Charity, donating a lumpsum, donation, family commitments and charity, family obligations and charity, invest for charity, pledge capital and income stream to charity, postaday

Rakesh Jhunjhunwala On What Money Means To Him

December 22, 2012 4 Comments

wealthymatters.com

Here is what Rakesh Jhynjhunwala has to say on what money means to him:

If you ask me what money means, I’d say it’s used as a means of exchange, among other things.But J Paul Getty, one of the world’s richest men, said: If you can count it, you don’t have enough of it.

Money is the harsh reality of life. Some love for it, some die for it, some use it well, some waste it, most fight for it, but most others desire it. Read more of this post

Filed under Entrepreneurship, Philanthropy, Theory Tagged with Charity, giving, Philanthropy, postaday, Rakesh Jhunjhunwala, The Meaning Of Money, The Meaning Of Wealth, The Purpose of Money, The Purpose of Wealth

The art of giving: Zakat during Ramadan

August 14, 2012 2 Comments

Reblogged from hifzan shafiee:

One of the most important principles of Islam is that all things belong to Allah, and that wealth is therefore held by human beings in trust. Therefore, our possessions are purified by setting aside a proportion for those in need.

Zakat – also known as zakah – is one of the Five Pillars of Islam, and serves principally as the welfare contribution to poor and deprived individuals.

Remember This;GIVE

August 10, 2012 6 Comments

Filed under Philanthropy Tagged with Bible quote, Charity, give, Philanthropy, postaday

Ramadan Inspired Poem about Starvation

July 26, 2012 1 Comment

Reblogged from shafiqah1:

The Hunger Pangs (For keerthikasingaravel)

Concave belly…

But it’s the eyes where starvation lives.

Big eyes, bones exposed, skeletal needs,

Bared to the eyes of the world.

And who will save the children?

Or the Mothers who cannot breastfeed because they cannot lactate.

Many of us have NEVER seen real hunger.

Many of us have NEVER felt real hunger.

Read A Book.Give A Book.

June 23, 2012 3 Comments

This is a nice scheme I came across today and I though I’d share it here.The scheme is good for people with children.A great way to get them to read and at the same time teach them to give the same joy they receive.Here is the link http://www.wegivebooks.org/books . Happy reading.

Filed under Philanthropy, Tool Kit Tagged with Charity, giving, giving books, Pearson Foundation, Philanthropy, postaday, We Give Books

The Art of Giving

June 2, 2012 2 Comments

Reblogged from Matthewscottwallace's Blog:

Originally posted at theamorist.com

"You have not lived today until you have done something for someone who can never repay you" ~ John Bunyan

Whether it is a handful of change or a lifetime of devotion, the act of selfless giving is the most important action one can take. At its core, giving is the ultimate form of spiritual practice.

On What Do India’s Wealthy Spend Their Money?

May 13, 2012 1 Comment

wealthymatters What do India’s wealthy like to buy with their buckets of money?

Customized holiday packages, luxury watches, diamonds and jewelry, and home electronics (including fancy mobiles and high-end cameras) — in that order.They buy luxury cars, too, but not Ferraris and Lamborghinis as one would expect. More like Honda and Toyota, according to the study conducted by Kotak Wealth Management and rating and research firm Crisil Ltd.The wealthy here are defined as households with a minimum average net worth of 250 million rupees ($5.6 million) for the financial year ended March 31, 2011.

Researchers interviewed 150 super-wealthy individuals in India’s major cities of Mumbai, Delhi and Bangalore, and others like Hyderabad, Ahmedabad and Chennai to put together the study. Senior personnel at major global luxury brands, art gallery owners, product dealers and industry body representatives were also interviewed. Read more of this post