Be Prudent


Save your wealth against future calamity. Do not say, ” What fear has a rich man of calamity? ” When riches begin to forsake one, even the accumulated stock dwindles away.

-Chanakya Neeti App

Your Relationship Status Affects Your Wealth


wealthymattersJay Zagorsky, a research scientist at Ohio State University ‘s Center for Human Resource Research,uses data involving 9,055 people who participated in the National Longitudinal Survey of Youth, which is funded primarily by the U.S. Bureau of Labor Statistics to show how people’s relationship choices affect their wealth position. The NLSY is a nationally representative survey of people in the US, conducted by Ohio State ‘s Center for Human Resource Research.

The same people are interviewed repeatedly over time, giving Zagorsky the opportunity to see how wealth changes as a result of marriage and divorce. Zagorsky used data from 13 NLSY surveys conducted between 1985 and 2000. All the respondents were between 21 and 28 years old in 1985.

People who remained single had a steady, but slow growth in wealth – from less than $2,000 at the start of the surveys up to an average of about $11,000 after 15 years.

People who got married and stayed married showed a sharp increase in wealth accumulation after marriage, growing to an average of about $43,000 by the 10th year of marriage.In fact, married people increased their wealth about 4 percent each year just as a result of being married, with all other factors held constant. Read more of this post

Happy Ganesh Chaturthi!


wealthymatters
Nideeshwaram=Bestower of Treasures And Riches
Siddhidata=Giver Of Success
Avigna=Remover Of All Difficulties And Obstacles

Love?What is it?


wealthymattersLove is not any one thing. It means different things to different people. People show love in different ways and people perceive love in different ways. Generally people perceive love easily when it is show in some way they interpret as love and this way is generally the way the person themselves shows love.

When similar types of people get together, love flows smoothly. The challenge is when different types of people are together. Then it takes work. It helps a bit, if people are self aware and have verbal skills to explain what they feel and why and how they are responding. But unfortunately this does not work with people with poor self awareness and verbal skills. They are of the school that love just ought to be, should not be defined, can’t be explained or indeed the very act of defining it, kills it. To them love is spontaneous and love is not a conscious decision. Some even see commitment as an end to love, not the beginning.

The greatest act of love is probably getting to know how other people define love and showing them love in the way they understand it, but its debatable whether anybody can act so contrary to their natural style on an ongoing basis. Read more of this post

Faith Begets Loyalty


wealthymattersDuryodhana’s wife Bhanumathi and his close friend Karna were playing a game of dice. The stake between them was substantial. As the game progressed, it was evident that Karna was winning and Bhanumathi was losing. Just then Duryodhana entered his queen’s chamber. Karna had his back to the door while Bhanumathi was facing it. Seeing her husband coming, she was about to stand up. As she was just rising, Karna, thinking that she was trying to get away from the embarrassment of certain defeat in the game, snatched at her drape, studded with pearls.

Tugged at by Karna’s powerful hands, the thread snapped and all the pearls rolled on the floor. Queen Bhanumathi was stunned and did not know what to say or do. She was afraid that, for no fault of hers, she would be misunderstood by her husband because of Karna’s behaviour. Seeing her shocked state and sensing that something was wrong, Karna turned round and saw his friend Duryodhana. He was also deeply shocked and distressed beyond words. Here he was, in the royal chamber, playing a game of dice with his friend’s wife and he had caught at her clothes, thus endangering her chaste reputation. He stood dumbfounded and transfixed. Surely, Duryodhana would not tolerate such immodesty. He readied himself for the inevitable punishment. Read more of this post