Andrew Carnegie Quote
July 26, 2012 4 Comments

For Whom Wealth Matters
July 26, 2012 1 Comment
Thank you Shafiqah1.Powerful words indeed and a spur to action.
Let us all try to provide one meal a day to a person in need.A packet of biscuits a day is a good way to start.Start carrying one in your handbag or briefcase.Keep some in your car.
And do take a look at these 2 links.
http://en.wikipedia.org/wiki/Hare_Krishna_Food_for_Life
July 25, 2012 34 Comments
Obtaining wealth in immoral ways and using it to harmful ends are two evils associated with wealth. A third is hoarding wealth — refusing to either share one’s wealth or put it to good use. In this story, the Buddha recounts the evils of miserliness:
Once, King Pasenadi of Kosala visited the Buddha. The King told the Buddha that a rich old miser had recently died leaving no heir to his huge fortune, and the King had gone to oversee the transfer of the miser’s wealth into the kingdom’s treasury.
King Pasenadi described the amount of wealth he had to haul away: eight million gold coins, not to mention the silver ones, which were innumerable. And, he said, when the old miser was alive he had lived on broken rice and vinegar, dressed in three coarse cloths sewn together, used a broken-down chariot for transport and shaded himself with a sunshade made of leaves.
The Buddha remarked:”That is how it is, Your Majesty. The foolish man, obtaining fine requisites, supports neither himself nor his dependents, his father and mother, wife and children, his servants and employees, his friends and associates, in comfort. He does not make offerings, which are of great fruit, and which are conducive to mental well-being, happiness and heaven to religious mendicants. Read more of this post
July 25, 2012 10 Comments
Asceticism was experimented with and rejected by the Buddha before he attained enlightenment.
Buddha preached contentment (santutthi) and limited desires (appicchata).However, contentment and paucity of wishes must be accompanied by effort and diligence, not by complacency and idleness.
Poverty (dadiddiya) is never praised or encouraged by the Buddha. “For householders in this world, poverty is suffering” “Woeful in the world is poverty and debt.”Many passages in the Buddhist scriptures exhort lay people to seek and amass wealth in rightful ways. Among the good results of good kamma, one is to be wealthy.The possession of wealth by certain people is often praised and encouraged in the Pali Canon, indicating that wealth is something to be sought after. Among the Buddha’s lay disciples, the better known, the most helpful, and the most often praised were in large part wealthy persons, such as Anathapindika. Read more of this post
July 24, 2012 6 Comments
There are many flats available in buildings where the developer has not yet handed over the building to the flat owners despite its completion many years ago. These flats are often in mint condition and available at a discount.Bank loans for such flats is also a possibility.So it is always tempting to buy one of these.But do proceed with caution.
First find out why the builder has not transferred the possession legally to the registered housing society.There could be various reasons for this, the  simplest being that no registered housing society has been formed yet.In such a case it is a fairly simple case of buying the flat and taking the initiative to form a housing society and registering it. Read more of this post