Living The Gita


wealthymattersThe Gita Saaram means, the substance of the Bhagavad Gita. The philosophy expressed in this verse is believed to help us lead a peaceful, mindful life in spite of life’s inevitable trials and tribulations. See if it works for you.

Why do you worry without cause?
Whom do you fear without reason?
Who can kill you?
The soul is neither born, nor does it die.

Whatever happened, happened for the good;
whatever is happening, is happening for the good;
whatever will happen, will also happen for the good only.
You need not have any regrets for the past.
You need not worry for the future.
The present is happening… Read more of this post

The Tao Of Wealth


WealthymattersThis is another great blog I tumbled upon entirely by chance.Do take a look and follow it regularly.

I have been saving this award from my friend Schalk for a very long time.My very first nomination for The Very Inspiring Blogger Award is Venkata Sreekanth Sampath of The Tao Of Wealth.

Wealth Daily


wealthymatters.com

I found this blog via FB today.Do take a look at it.The content is guaranteed to be thought provoking.

The blog does not use measured language.So if this puts you off,do at least read this article before you quit.Link.And do recall the adage held dear by the Buffett-Munger duo:It doesn’t pay to bet against America.

The Cyprus Contagion Spreads


wealthymatters

At the time of the banking crisis in Cyprus I wrote about the risk of governments falling in love with the deal they had hammered out then and making it general policy in other countries.And how this can spell disaster to savers.Link

My worst fears stand confirmed.Remember governments tend to copy each other.Here is a news article I found buried in the back pages of the Economic Times yesterday:

EU strikes deal to push cost of bank failure on investors BRUSSELS: The European Union agreed on Thursday to force investors and wealthy savers to share the costs of future bank failures, moving closer to drawing a line under years of taxpayer-funded bailouts that have prompted public outrage. After seven hours of late night talks, finance ministers from the bloc’s 27 countries emerged with a blueprint to close or salvagebanks in trouble. The plan stipulates that shareholders, bondholders and depositors with more than 100,000 euros ($132,000) should share the burden of saving a bank.  Read more of this post

Planning A Break


wealthymattersSabbaticals, which have become increasingly common due to work pressure and higher aspirations on the creative and entrepreneurial front, can hinder growth if not planned well. Worse, they can make the transition back to professional life tough.So here’s how you can reduce the risks o your employability.

1 Decide on the Reason Employees take sabbaticals to manage a special circumstance such as taking a baby-break,dealing with a family crisis or a child’s exam; when they feel the burnout coming; or to expand their knowledge and skills;live in the here and now,do something creative or try their hand at running a start-up. Decide what you want to address during your sabbatical, first, to make the best use of time that you will have to yourself.It helps too if you can decide on a cut-off date when you will return to work.
2 Discuss it with Your Family Before you reach out to your employer and communicate your decision, talk with your family.Your family backs you up if your plan doesn’t work out, be it financial or mental. Discuss with your spouse, children and parents before you take the leap.  Read more of this post