Invest In What Really Matters
May 3, 2016 8 Comments
The video below compelled me to do this post, even as I am caught up in the super-duper rush of getting a couple of new businesses launched and pursuing a few more leads that look like good career-breaks. The video really gets us to focus on the things that really matter, in all the rush to make money and a name for oneself :love, family and relationships.
Now property is property. If we paid a sane price for it, ensured that the papers are clear ,don’t go overboard with poor value fittings and furnishings, and have made a provision for maintenance and tax expenses, we definitely have an asset in our hands. We can hold such a property, for any length of time, without stress. We can raise loans against the property when needed. Perhaps even sell it, should it make better sense. But best of all, for as long as we like, we can put the property to good use to help us earn more, and as a bonus we can watch the capital gains on the property passively grow our net-worth.
But even as we see our properties as financial assets, it doesn’t help us to forget that a few of them, or at least one of them is our home. Its meant to be a place of refuge from the stresses of the outside world, the environment and setting for much of our family life, the determiner of the comforts and opportunities our families enjoy and the determiner of much of our family’s social circle and standing, and ultimately a testimony of our own business success and social standing.
In this video, the father says something really striking:”Arre ghar itna door hai,Lakshmi kahin raste mein kho gaye hogi.” And its really something quite profound. Owning a home, definitely beats being a life-long renter. But cheaper homes in the distant suburbs often means that the family has to deal with longer commutes. Much time and energy is squandered that way. And family life is stressed. So this is a case in which frugality affects one’s performance adversely. A home loan to buy a more conveniently located place in a more upscale neighbourhood is not something you are likely to regret. After all the time and energy saved on commuting and the new opportunities a better neighbourhood opens up will quickly help such a house pay for itself.Visit http://trueworth.co.in/ and calculate what your worth is and get the right loan from Aditya Birla Finance Home Loans. #TheHomeLoanIDeserve