My World Or The World

January 13, 2017 2 Comments


wealthymattersOne day, Sage Narada came to Mount Kailas, a mango in his hand. Kartikeya’s eyes widened when he saw the mango; Ganesha’s mouth watered. “Who is it for?” they asked in unison. “It is for Shiva’s better son,” replied Narada, a mischievous glint in his eye.  Parvati realized what Narada was up to:  the cunning sage had taken upon himself the impossible task of making parents choose a favorite child.

All eyes turned to Shiva. “Better son? What’s that?” Shiva wondered, “Sons are sons. Some are older, some are younger. Some are taller, some are fatter. Some are stronger, some are smarter. How can one be better?”

“Here is how,” said Narada, “You create a measuring scale. He who measures better is the better son.” Shiva looked at Narada not quite understanding what was said. So Narada elaborated, “Well, creating a measuring scale is easy. You can say that my measuring scale is obedience – he who is more obedient is the better son. Or you can say that my measuring scale is money – he who makes more money is the better son. Or you can say that my measuring scale is achievement – he who can do the impossible is the better son.” Read more of this post

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Ten Characteristics Of Self-Made Billionaires

January 12, 2017 Leave a comment


wealthymatters1. High Sensitivity and Awareness

Beyond perceived eccentricities for things like timing, color, food, fragrance or texture, a self-made billionaire’s sensitivities can be heightened to the point of distraction, isolation or even debilitation. On the positive side, they each have their own unique sensitivities and heightened awareness that can seem extrasensory: everything from design functionality and perfect pitch, obsessions over air and water quality, knowing—with certainty—when someone else is dealing with a crisis. However, what’s special about the self-made billionaire is how they find ways to leverage their sensitivities and awareness to increase performance. Read more of this post

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Axis Pay

January 12, 2017 Leave a comment


wealthymatters

Like PayPal and similar payment systems that you can operate without giving out or asking for other people’s bank or credit card details? A PayPal-like service with no fees? A PayPal-like service that allows instant money transfers and receipts ?

Now you have Axis Pay.Axis Pay is an easy to use app which you can link to any bank account, even those not with Axis Bank, to send or receive payments to anybody instantly and securely, with just your name. And all for free !!!!

Axis pay is powered by the UPI. UPI stands for Unified Payments Interface which is a platform provided by the NPCI ,i.e. National Payments Corporation of India, to facilitate inter-operability among various banks. It’s a one stop solution for multiple bank accounts ,in various banks, accessible via one app. It allows all account holders to send and receive money using their smartphones with a single identifier called virtual payments address(VPA) .VPA is a unique ID which a person must create and link to any of their bank accounts to make secure payments. This unique ID can be yourname@axisbank or mobilenumber@axisbank etc which is easy to remember. Each VPA is unique to a particular user. So there is no need to know the payee’s or payer’s IFSC code, bank account details, etc. and this makes the process less taxing on the a person’s memory. Read more of this post

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The Fluid Nature Of Wealth

January 12, 2017 1 Comment


wealthymattersChanchala, the restless and whimsical one, who does not like to stay in one place, is one of the names of Lakshmi . She loves to move around and so people are advised not to keep images of her in the house where she is shown standing; she may feel unwelcome and she may leave. So in traditional images she is always shown seated comfortably on a lotus.

The whole point of this rather visual characterization is to inform people that wealth loves to move. The value of wealth emerges only when it exchanges hands. Lakshmi’s symbol is her foot print and it is always drawn pointing into the house. The idea being to align the restless and mobile nature of the goddess with our own desire to see fortune favor us.

Realizing the criticality of Lakshmi’s movement, rituals were created to encourage the flow of wealth in society. Typically, on festival days people were advised to wear new clothes. New clothes meant income for the weaver which in turn meant income for dyers, spinners and farmers who grew the cotton and silk. People were also encouraged to break old pots and buy new pots in festival time thereby boosting the income of potters and the economy. In festivals like Dhanteras, people are encouraged to buy metal, especially iron and gold which in turn helped metal smiths and miners.Another important ritual was the exchange of gifts, especially food items, either prepared at home or bought from the sweet shop and shared with friends and neighbors. During festival time, the arts were encouraged thereby providing livelihood to artists. Musicians, dancers, singers, street performers were invited by landlords to entertain the village. Read more of this post

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Lakshmi, Saraswati And Wealth

January 11, 2017 Leave a comment


wealthymatters

The common belief is that Lakshmi (goddess of wealth) and Saraswati (goddess of knowledge) always fight and avoid staying in the same place. This is based on the observation that rich businessmen tend to be uneducated and educated people tend to be poor. This is also based on the assumption that Saraswati is the goddess of education, learning and training. This understanding of Saraswati is rather pedestrian, and lacks insight. Read more of this post

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