For Whom Wealth Matters
June 23, 2012 3 Comments
This is a nice scheme I came across today and I though I’d share it here.The scheme is good for people with children.A great way to get them to read and at the same time teach them to give the same joy they receive.Here is the link http://www.wegivebooks.org/books . Happy reading.
June 2, 2012 2 Comments
Giving is not the sole privilege of the well – to – do.Every body can enjoy the benefits of giving.A smile costs nothing in money terms but can easily make another person’s day better.We can give of our time,attention,knowledge,skills,goods,money , influence and prayers.
Originally posted at theamorist.com
“You have not lived today until you have done something for someone who can never repay you” ~ John Bunyan
Whether it is a handful of change or a lifetime of devotion, the act of selfless giving is the most important action one can take. At its core, giving is the ultimate form of spiritual practice.
For ages, religions and spiritual groups have honored the art of giving. In India, the word seva, or selfless service, is expanded by the phrase, “Manav seva Prabhu seva,” meaning service to mankind is service to God. By carrying out seva, one is giving his or herself to the universe by offering time, money or prayer. In Christianity and Judaism, the concept of tithing, or an offering of 10 percent of one’s time or money represents spiritual giving. And in non-spiritual circles the common concept of donation represents…
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May 13, 2012 1 Comment
What do India’s wealthy like to buy with their buckets of money?
Customized holiday packages, luxury watches, diamonds and jewelry, and home electronics (including fancy mobiles and high-end cameras) — in that order.They buy luxury cars, too, but not Ferraris and Lamborghinis as one would expect. More like Honda and Toyota, according to the study conducted by Kotak Wealth Management and rating and research firm Crisil Ltd.The wealthy here are defined as households with a minimum average net worth of 250 million rupees ($5.6 million) for the financial year ended March 31, 2011.
Researchers interviewed 150 super-wealthy individuals in India’s major cities of Mumbai, Delhi and Bangalore, and others like Hyderabad, Ahmedabad and Chennai to put together the study. Senior personnel at major global luxury brands, art gallery owners, product dealers and industry body representatives were also interviewed. Read more of this post
January 24, 2012 15 Comments
Philanthropy is of interest to me.But I have my own preferences when it comes to giving viz.:
1.When it comes to giving money I prefer to do it anonymously.When it comes to giving of skills I prefer to do it personally.
2.It is very important to me to in no way demean or belittle the recipient.
3.I want to empower people by my assistance,not cause dependency.
4.I dislike cold charity.
5.I dislike competitive giving.
6.I abhor hard selling by charities .
7.I dislike super exclusive philanthropic cliques.
8.I hate profiteering off the poor and self-serving , hypocritical philanthropy.
9.I would love to have the option to give as little or as much as I can or want without being judged.
Milaap and Rang De are my 2 new discoveries.I haven’t test driven them yet,But I promise I will blog about my experiences with them later.In the meanwhile you can find out more about these microfinance organizations from their respective websites here:http://www.milaap.org/ and http://www.rangde.org/ .In case you have wished for an Indian version of Kiva here is your chance to be a social investor.Rang De has been around for a while but Milaap is newer.So be warned and start with just what you won’t mind writing off as a mistake.I repeat I have not personally tested either site as yet.
August 1, 2011 3 Comments
Carlos Slim Helu is one of the prominent people to have declined to sign the Giving Pledge promoted by Warren Buffett and Bill Gates.Here is his reasoning:
“I prefer that Bill Gates create a Microsoft or Steve Jobs create an Apple.” Giving away their personal wealth “is an interesting idea… but it won’t solve any problems. They will make that money tax deductible and give 5% [of the overall amount] every year to [the actual] charity. If they collect $300 billion, they will use only $15 billion every year. That won’t solve any problems.” Read more of this post
wealthymatters 