Neel Writes This Blog

When your grilled with financial crisis, let the family members know about it and not share any of such difficulties with kids. As a kid, they have not grown up to the stage where they could assess your financial status. Their world is very limited to toys, fun, chocolates. What will happen if you share your financial burden with kids, at first they may not able understand what it is all about, and why your so tensed with it. And if they understood about the exact problem, then that might hamper their studies and recreation. Which could not be gained or bring back normalcy, once gone out of hand. The financial crisis might not last for long, but the loss to your kids would be much comparing it in financial term. Lets the kids live alike they have been adapted to. You can mange the crisis and let them know they will become adult to understand the society and need of money in life.

In a country like India, public sector has a larger role to play in the development of the country. When the public sector is transparent in its way of discharging duties and the people working in the public sector feel that they are the servants of the public, and have a feeling of serving them in the form of their duty. Country will progress and development will take place at a rapid pace. At present what we are seeing and experiencing is corrupt public sector not the system but because of the people who are working in the sector the public sector has become so. There are many departments and fields that are working in the public sector with the primary aim of development and progress. But even after so many years of freedom we are not able to become that which we should have, by now because of lack of sincerity and commitment from the people who are working in the public sector. The feeling of our country our people, and we are answerable to the public and we are here to serve ...

Whether it’s a question of running a nation, an organization, or household when it comes to financial aspect, planning is must. There are so many aspects that we need to consider when we are doing financial planning for our home.  1. INCOME & EXPENDITURE: This is the basis on which rest all things depend. We need to keep a track of how much income we are generating and how much we are spending.  2. KEEPING TRACK OF EXPENSES; There are needs; then there are wants, vegetables, groceries, transport, communication, electricity, rent, etc are needs. Other areas where we spend such as for entertainment, or going out on a holiday, or shopping these are the areas where we need to spend in limit, considering our affordability. 3. BALANCE / IMBALANCE: When we compare our income and expenditure, we come to a conclusion, whether we are on the track or running off track. We should always be left with some balance / savings when we take out expenditure from income which can...