"People work so hard for their money that it often comes as a surprise to them that it can also work for them." -Patricia Jennerjohn
OUR financial health is as important as our physical health. We need to manage our finances in the same organized and planned way as CFOs manage corporate finance. However, our education system neglects to teach us anything about money management. Elementary math’s learnt in high school is not enough for someone to prepare for real world personal finance. Furthermore, rather than properly educating the consumers, financial services industry-–due to vested interests--is creating more misinformation which is reinforced by the media.
Due to lack of awareness, most of us spend more time planning our vacations rather than our finances. Despite a plethora of information on personal finance, most of us are still clueless about how to manage our money. Therefore, this blog is for everyone who is interested in improving his financial well being.The mission of this blog is
"To create financial awareness so that you are able to manage your finances on your own by taking informed decisions because, ultimately, you are responsible for your own financial health".To this end, this blog will attempt to achieve three main goals:
Create financial literacy
By creating awareness and busting/shattering the myths about personal finance, it will be my endeavour to encourage you to develop constructive financial behaviour and to get your financial lives in order.
Provide quality content
In this information era, there is too much information overload and most of it is just hogwash. Therefore, this blog will attempt to provide quality rather than the quantity, without creating any further noise. To achieve this, I’ve decided to post, only relevant information in a simple and concise manner, twice a week.
Strike a balance between your money & your life
Furthermore, holistic financial planning isn’t just about finances; it isn’t only about number crunching or chasing some unknown numbers. It’s also about search for meaning. Holistic financial planning mindset requires blending life planning and financial planning, understanding human dynamics so as to integrate human side and money side. It involves prudent money management, but it’s also about improving the quality of life and understanding the ultimate purpose of money. Some think that money is the root of all evil. Another extreme view is that money is everything and pursuit of material comforts leads to happiness. But the reality is that we can always strike a balance between money and life and live meaningful and purposeful lives.
At the outset, I would also like to inform you that I also intend to earn few bucks – so that my wife doesn’t feel that I am wasting my time - through advertisements and affiliate programs, but without compromising the goals.
Finally, there’s an old saying
“Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime”.
So, this blog will teach you how to fish. I promise you that this fishing expedition is going to be fun-filled, exciting and definitely going to improve your M.Q. (Money Quotient). Stay tuned. From next post, we’ll go fishing.
Also see:
1. First Blog Anniversary: Performance Appraisal2. How to Simplify Your Life
10 comments:
You’re welcome to post a comment if you’d like to air your views, or if you’ve any further question to ask, but please stick to the topic and don’t forget to write your name.