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Diwali Thoughts


 

Happy Diwali !

Here are some profound thoughts on commerce and wealth drawn from mythology to reflect on this Diwali.

I’ll be sure to follow-up with an English synopsis ASAP.My apologies to all readers who don’t speak Hindi.

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Small Wonders


wealthymattersIn the US some 350 non-employee businesses report a revenue of $5 million or more.

Some 2100 non-employee businesses have a revenue ranging between $5 million – $2.5 million

2.6 lakh non-employee businesses have receipts of $0.5 million to $1 million

5.85 lakh non-employee businesses gross receipts of $0.25 million -$0.5 billion.

 

Let Fazza Inspire You


Let the video run a bit,I assure you there is an English translation of sorts after the first half minute.

There are some beautiful words here obscured by bad translation. Wealthymatters readers with knowledge of Arabic,especially of the Khaleeji variety, please use the comments section below to help better the translation.

 

Shiva’s Home vs Kubera’s Kitchen


One day, Kubera paid a visit to Kailasa, the abode of Shiva, the hermit-god, where he met Shiva’s elephant-headed son, the corpulent Ganesha,the god of wisdom.

Kubera thought to himself, “Ganesha clearly loves food and Shiva can clearly not afford to feed him to his heart’s content.”

So as a favor to Shiva, Kubera offered to feed Ganesha one meal.

When Ganesha accepted the invitation and entered Kubera’s kitchen, Kubera said, “Eat to your heart’s content.”

Kubera soon regretted his words.

Ganesha’s appetite was insatiable. He ate everything that was in the kitchen and still asked for more. Food had to be bought from the larder and then from the market. But Ganesha was still hungry. “More please,” he said raising his trunk. Read more of this post

Financial Planning And Investment Planning


Financial Planning is the process of meeting one’s life goals through the proper management of personal finances.

Sound financial planning involves 6 steps :

1.Establishing short, medium and long term life goals.

2.Tabulating assets and liabilities.

3. An evaluation of the current financial position to assess the distance to goal achievement.

4.Developing a plan that shows the way for achieving different goals

5.Implementing this  financial plan

6.Monitoring and reviewing this financial plan at least yearly and making adjustments when needed. Read more of this post

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