Financial Literacy

The new thing is not computer but financial literacy. Notice how RD has moved from articles on how to lose weight to how to invest your funds.

So here is a little test to gauge how well you manage your money.

1) Suppose you have Rs.100 in a saving account and the interest rate is 3.50 % a year. How much would you have it you leave the money there to grow for five years -
more than Rs.103.50 /exactly rs.103.50, less than Rs.103.50

2) Imagine that the interest rate on your savings account is 3.50% a year and inflation is 4% a year.
After one year would you be able to buy
more / exactly the same as /less than today with the money in this account?

3) Buying a single company stock usually provides a safer return than a stock mutual fund
True or false?


Correct answers to the above questions will determine whether you are past the lowest threshold level of financial literacy.

i have to admit that I had to think for a couple of minutes. But, Im sure most of the women I know will fail miserably.
Girls, come on arm yourselves . Its not enough to earn. You've got to know and have the power to spend your money wisely.

its good to catch up

hi everybody, its good to read the blog after a week.  lots of news.

darshus story was good.. we should realise people around us have a life also and not live in our cocoon.  

now a days  when any patient has crossed 40 , i have a relook ,and think do i also appear as old. as u say old age is always 10 years away and doesnt happen to u.  
its activity and intrest in things around u that keeps u going.  i always contrast appa with chetty uncle .  their behaviour was totally different when they lost their wives.  appa was not a socaible type when young , no parties and friends but when amma passed away ,he immersed himself in the family and all the children,s problems became his own, he worried about our servants not turning up, our carrer change ,the grand kids education etc. it kept him alive .  and now of course the colony activities gives him no rest and a lot of friends.  while chetty uncle just shut himself off from the world, though he was the more outgoing type when compared to appa. 

goutham.
can be extremely helpful when he wants to.
too sensitive and gets into moods now and themn.  but the blog has done a lot for his sense of humour.


kalu your kitchen looks good though u were quite brave to choose white.
kapu

ahh age has finally caught up with me :(

At the age of 7 we boys used to have a competition after school about how high we could piss on a wall from the edge of the road.
After the summer break I could'nt piss as high as the younger kids.
Thats when I realised .... :(

A matter of opinion

Amachi: My life till 5th standard...till ravi took her away!!! Appreciate her qualities more as I mature: strong, determined, achiever, generous and family first.
Anandhi: Enthusiastic , generous of her time, busy bee, attached to family, determined to achieve her desires..go for it Anandhi.
Anya: only from heresay...
Ashwatha: Adjusting, helpful and artisitc like her mom
Babu: My teenage memories....smart, intelligent and very humourus.
Gautham: Underhand humour, very helpful when he wants too, loves his family and Gossip. ( me too , i always say when it is relayed through media it is news and when it is relayed through people it's Gossip. This is a discussion i would love to have.)

Kitchen

I think we need both people and purpose for a fulfilling life. True ravi, old age is always 10 years off at least.

Babu, we live in a country where our kids are supposed to support us emotionally and physically and monetarily in our old age - what we did for them when they were young. But the times are changing and we have to prepare ourselves with a different mindset and be strong physically and monetarily. As long as kids are around, one doesnt feel old - they keep you occupied enough.

WElcome to the blog and hope you had a good holiday. I mean to celebrate my 50th (many years off:-) and yours sounds wonderful- but I would rather do without a macho male dancer. I hae enough time to think what I want.

Dachu's lit story is for a competion. So please give your comments. Im trying to rack my brains too but little imagination.



Ive finally got the kitchen cupbards done - 10 years after the house was built. :-)))))))))))
And saving madly to get it done.


Karthy, notice that spoon rack. The ones you got long lon ago on your trip to Malayisa. They've finally found a place.

How old !

As we grow up our concept of being old changes !
at 10 20 seems ols at 20 30 seems old and so on
as long we can think be happy no trouble to others we should be fine


regd old people i didnt say that they look to their children for a purpose in life, i said they look to work as a purpose in life and that keeps them going
that they are independent etc
i am sure if you look around in india in the roadside ,shops etc
you will see many people working their heart out and thats what they are used to, happy to earn and if they earn more that day they feel delighted

hop to work now

dachu welcome to the world !
its full of good and bad things, stay positive and keep working

bye

birthdays by babu

Having just had my 50th birthday, wonder why some of you are feeling so old in your forties.

I have patients of mine who are well into their nineties . One lady in particular books the next holiday as she is finishing her holiday. She always asks me 'Will it be ok Dr Raj?' and I always reply that it should be fine. She is 98 now, at 100 in the UK you get a telegram from the queen. That is something she is looking forward to. All the elderly people I meet feel that age is how old you feel you are rather than what number your age is. Scientifically speaking it is your biological age ie (what your body lets you feel you are) than the chronological age.



I had a terrific 50th birthday, I stretched it out to three parties over a period of three weeks. One very private at home with a few friends, next was at a nearby tennis club attended by about thirty of my friends. The third was one thrown by my staff at a turkish restaurant in town, well with a very attractive turkish belly dancer which was the cherry on the cake.