Sooner the Better.

It is quite some time since I made my last post here and I am happy to be back with you all. I have come to the USA on a personal visit and enjoying the pleasant weather here. In my last blogpost I talked about focusing on not only the money expenses but also on our thoughts and actions so that we focus enough on money matters and other aspects in life and grow happily.This said I honestly believe that I have recorded all that I felt necessary to have a clear idea about money and the wrong notions surrounding money. Now the next most important thing about our family finances is planning.But before we embark on that beautiful exercise of planning we should start  SAVING. This very important habit called savings should start as soon as we start earning to have a tension free life post our retirement. On the other hand we should as a society which includes parents,teachers,elders and all should do the bit to inculcate the habit of savings to our children from the young age. We teach so many things to children in schools except about money.All of us should put our heads down and seriously think about this and help our children to get at least a structured basic idea about money,savings,investment etc..the sooner the better.

Let us move in to begin financial planning from my next post.






Some time back I wrote about accounting and its importance. Accounting in simple terms means observing.When you write down accounts for your family finance you become aware and start observing what happens to the money you earn. This accounting or observation can and should be applied not only to your money matters but also to your thoughts, words, and deeds as well. When we sit down and decide what is our goal in life it is also our duty to regulate our thoughts to achieving that goal.We normally get so many thoughts in a day and without our knowing we are dragged into those thoughts.All unwanted thoughts which are not in sync with our goal should be nipped in the bud and should not be nurtured.So also the words we speak and the actions we perform.The unified focus of our thoughts ,words,  and action only can take us further towards our reaching the goal. So I reiterate that we should not only exercise control over our finances but also on our thoughts and actions to be truly successful in our financial life.