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Showing posts with the label money

Financial Crisis: Not to share with Kids

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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.

Happy Family: A Dream

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What is the definition of happy family? A family is living happily or a family having happy members. Well that seems a tough question tough for me to write about. But I'll try to write about it in today's post. It is not important that how you live, but it matter to all are you happy or not. Spending time with family members, cutting jokes and have splendid time with members are evening sound like dream for may, because of work culture or stress. There are many more people those are successful make out they way to success in having happy family despite stress and peak dead lines. No matter who you are or what position you have in your office, your family members would like to see you in happy and mixing with others. If possible, please don't take the work pressure to you home, otherwise your family members are also bound to share your burden too. It does not sound good that your family members should also share your work burden since they are with you? Think agai...

Decoding Economics Jargons!

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Understanding economics is a great deal for the students. And for the students of economics, its the best subject to remain in the theories and graphs. Whether its micro economics or macro economics, its always carries vales to understand and examine subjects. The price phenomenon is applicable everywhere and in all sort of markets. The students of economics do study the principles affecting the price in the market, like the demand and supply side factors. They do lot of experiments on these set principles to justify their theories, comparing their values and effect on various market conditions or simply testing price mechanism. For a lay man, the theories may sound redundant but, they do also know something about the price mechanism, which is one of the interesting topic in the micro economics. Since they are consumer, their behaviors has been reflected in micro economics. And new theories might have some more interesting themes about price mechanism and consumer behavior. ...

How to manage Money?

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Of late, managing money is the biggest challenge, hard to find proper and secure ways to invest it. Recently, I came across to the scam of around 11k crore by Stock Guru, that was flashed by news channels. Just it is very hard to believe that a couple duped around 2 lakh families, and resulted a scam of around eleven thousand crore in a poor country like India. The much money is enough to bring cheers in the life many poor families in India, those have been unable to get per square meal a day. The money management is somewhere lost its balance, so that people lost their hard earning in such a fraud. It is not the fault to the people were duped in the fraud, rather they blindly believed over the false assurance of doubling their money in stock market. Dreaming big in getting bulk return from stock market is fault but ignoring the fundamentals and reality is the crime. Rather aspiring for doubling money over night, investors should  mange their money keeping some safe method...

Earning Money: Good or Bad?

Money is an instrument that can be used for the good or for the bad of the people; it depends on the people who are using it, and for what they are using it. Now a days we hear lot of this stuff that money is bad, and most of us tend to think that, money degenerates people, and those who are wealthy are bad and have no ethical or moral values. But the fact is entirely different. Not all those who have money are bad, or have earned it by bad means, and not everyone who has no money is ethically or morally right. As long as we allow money to be our servant it can do wonders to you and to others, it leads to development and progress of the individuals in many ways. But if we become its slave then it takes us for a ride. If we can associate aright cause for earning and accumulating money then there is no harm in accumulating money or earning it. Your aim should be to earn ethically and morally what you need to fulfill the needs of yourself and of those dependent on you. And the rest of ...

What is money, really?

The question about the money sounds simple, but too difficult to have a best fit answer. In economic terms money the thing having value of general acceptability. It has value of exchange; you can purchase goods and services using the money. In the world, it is the most precious thing after all valuable to goods and services. Money is the best tool to measure the value of the things available in the market. It also completes the definition applicable for rich and poor. In economics, the marginal utility of money defines the value of the money for the person of different status and class. Being the best medium of exchange for trade, money is everything. The value of a diamond is nothing if it is not measured with the value its costs against money. Evaluation of money shows that the concept of money has been changed with the changes in the society and needs. From the form of animals as money to bullion money, and later on it reached stage of paper money or popularly known as currency. ...