PLEASURES OF RETIRED LIFE

The golden period of your life starts when you retire from the active service or from active business/profession. This is the period when you can enjoy the Life as per your own choice and with full freedom without any worries, provided:-

  • You have Settled all your liabilities during the active period of your life.
  • Your children have settled professionally and personally.
  • You have a place to live which you can call your own Home; with your family who cares for you.
  • You have suitable pension or an accumulated pension fund to meet your needs.
  • And above all, You and Your spouse have maintained Good Health and a good understanding of each other.

If you look back to your pre-retirement days; You were so tight scheduled and having no time for your life partner, no time for family trips or even pilgrimage. You were always requesting leaves so that you could share time with your loved ones but the boss always frowned upon you with most typical lines,”You have so much of  pending work, how can you even think of going on leave???” and You listened to all this with a bowed head out of sheer compulsion. Your blood pressure rose during supervisor’s visits and his reprimands. The multitasking activities both in office and at home kept you under constant stress. Even when you tried to calm your mind through meditation and tried your best to concentrate, you couldn’t because the angry face of your boss always occupied the upper layers of your mind. You were more loyal to the ticking sound of your clock or the office or factory siren than anything else in this universe.

Now the Life is completely different after retirement, you are free from all those shackles, pulls and pressures? Don’t you now feel yourself nearer to GOD than ever before? Now you have enough time for everything of your choice. Now you are the boss of your own wishes and wills. You are now a free bird, so enjoy your flight of life like a bird. Keep on chirping, land at places you like, eat what you like to eat, and dance with your partner the way you both like.

Now, this is the time for you to enjoy the fruits and charms of freedom. Is not this amazing that the entire twenty-four hours of the day and all three hundred sixty-five and a quarter days of the year are your’s and your’s only? Every day is a holiday; a holiday for which you had to wait for five to six days in a week and you were never sure if the boss would call you on holiday for some urgent work. All your plans to enjoy on the weekly off used to be marred by such compulsions. Now no compulsions, as you are boss of your own self, so enjoy, enjoy and enjoy only. Remove all, from the life that comes between you and your happiness, your peace of mind, and GOD; be it a dispute, grudge, hate, anger or a complex.

Always try to remain happy and fearless. Don’t interfere in the affairs of others especially your own children. You may give advice if asked for, but let them have their own way. Don’t try to squeeze the generation gap as it will generate reactions and disturb your and family harmony.

Always be on the path of truth and don’t fear anything, not even your death. Whatever has to happen will happen; you can’t change it, then why worry; face it smilingly. At the same time don’t take much liberty of your freedom because everything will not happen as per your choice  Everyone can’t have similar choices and wishes, these differ from person to person, so let GOD decide what to do for you. The BIG BOSS is boss of the whole universe and loves us all. He takes care of all of us so don’t doubt his intentions. The best is, to surrender before Him and live to His will. You can’t change circumstances but you can change your attitude, so change it according to the times and always remain positive.

You are at the ripe age, so remember that you are the most beautiful human being. A fruit is more beautiful when it is ripe and so are you. Feel this beauty inside and outside you. Don’t expose yourself to risks such as investments in share markets, crypto currencies, Ponzi schemes or in any scheme of volatile nature because a ripe fruit can’t afford to withstand the winds and jerks of risks.

You are now more close to nature. Grow plants and watch them sprout out of the soil, and then growing into plants with tiny and shining leaves, flowering with magnificent colors and then bearing fruits and seeds. The pearl-like tiny dew drops on the leaves of plants and the grass in the morning are an amazing miracle to see.

Some people complain that they have too much spare time so they get bored. Getting bored in the twenty-first century is an impossible proposition. Make use of eighth and ninth wonders of the world if you luckily have both. The eighth wonder is your spouse who in spite being illiterate or less qualified, or even more qualified than you, remained with you through thick and thin when all nears and dears left you in adversity. You at this age have an exceptional understanding of each other. No one understands your mood, feelings and needs better than your better half. How beautifully she/he adjusts to every situation however difficult it may be. Is not that great wonder?

Your mobile phone is the ninth wonder of the world. Through the internet, you remain connected with the whole world. You can have any information available with the touch of a button. You can play games, read books of all types, see pictures of cities and places of the world over, watch movies and listen to music of your choice, share greetings and other messages with your friends and talk face to face with your relatives and friends living in any part of the globe.

So enjoy your retired life in a Smart Way. Don’t remain stuck to TV or mobile phone or your bed. Go for morning and evening walks even if for short distances. Do talk to and play with your grandchildren whenever you are with them. Play with kids of your locality. This will bring freshness and spirit of youthfulness in you.

You are lucky if you are enjoying Retired life, so thank God and keep smiling, meet friends, associates. Do some social service for the society without any considerations. Each day is a bonus for you. No one knows how much time we will get to stay in this beautiful world, so make the best use of whatever little time you have at your disposal. Do as much good as you can and remain as much contended as possible.

 

 

 

 

 

SAVINGS AND THE LIFESTYLES.

Nothing remains constant in this universe and changes do keep on happening without any breaks. Similarly, Life passes through various stages; childhood, adulthood, young age, and old age. For leading a comfortable life we need to generate good income, however without compromising with the principles of life. Our income too keeps on changing with the passage of time and similarly, our needs also undergo a regular change. To keep a balance between our income and expenditures, we need to make proper planning. Saving for all present and future needs such as daily household expenses, meeting any expense of some emergent nature, education of children, family outings for pleasure, marriages, building or owning a house, creating a pension fund for old age etc….etc., is therefore very urgent. For saving, we have to keep a balance between our income and expenses in such a way that there is always a surplus available every month.

Young age is the best period to save because we have the energy to work more and earn more and our expenses are comparatively less as compared to the advanced age. Our lifestyle has a correlation with our saving styles. We can increase or decrease our ratio of savings to our income by pursuing different lifestyles. It is as such advisable, especially for the youngsters to pursue a healthy and affordable lifestyle. The parents have the responsibility to teach their children as to how to imbibe good habits and encourage a healthy lifestyle, which would help them to use their income and resources in a judicious manner so that they could build their own portfolios for meeting any future needs and live a comfortable and peaceful life.

Everybody knows that our wants and wishes are unlimited whereas the income and resources are limited, so we have to strike a balance between the two in such a way that it always results in suitable savings. We have to use the principles of good Economics to manage our incomes and expenditures in a manner which assures good life and development without compromising with the basic needs of the family.

Although there has been more flow of funds in almost all the economies of the world and with that, the lifestyles of people have also changed. The new generation seems to have learned less about savings and managing the personal economy. There are market forces and techniques which lure the youngsters to the different lifestyles by providing them with more purchasing power, like credit cards of different types, personal loans against future salary, and finance for acquiring costly mobile phones, motorbike, car or any other item with the press of a button. Today’s market is seller’s market loaded with very attractive advertisements in print and electronic media. This is coupled with freely available purchasing power, that lures youngsters to gather junk and get trapped in never ending credit cycle. Their income is spent before it has actually accrued. The EMI’s eat away their income like a grasshopper. Unable to clear their credit card dues within the interest-free period, they are compelled to pay a very heavy interest and penalties which further add to their expenses.

One can save even with little income by managing the expenses in a manner that always ensures a surplus every month. Always prepare a budget before you spend. Note down every item of expenditure and analyse it at different intervals. It will give you a sense of your way of spending. You can mark items of wasteful expenses or those which have better and comparatively cheaper alternatives. There is no dearth of better alternatives. Cut all wasteful expenses and buy items for necessary use only.

Apparels, garments, and other items of daily use should be purchased in limited number because the fashion changes very frequently and better substitutes come on the market. Don’t buy just to store these items. These items simply fill your cupboards to be eaten by the termites. Please note that all items for good health and all beautiful clothes are much cheaper than items which spoil your health and presentation. Simple homemade food is cheaper and healthier than the junk food or food from the hotel or eateries. You may sometimes go for dining out, but very sparingly. we wear clothes to cover the body and also to look presentable. All such clothes are much cheaper than the torn out jeans which hardly cover 40% of our body and are very expensive.

Always understand the value of money and don’t spend just for the sake of spending; spending should always be purposeful and worth spending. you must have a vision in life for your future needs and accordingly, you should plan to save separately for every targeted future need. You have to decide your priorities and plan your savings accordingly.

Youngsters these days keep a bunch of credit cards just to ensure that they never fail to buy anything that they intend to buy. If one credit card fails to be a success, they try second, third and so on, till the transaction is successful. This attitude is ok in case of emergencies only but not otherwise. Such a misuse of your purchasing power without a supporting income will lead you to a debt trap, and once you are trapped a vicious circle sets into motion. One should not be a miser and compromise with his basic needs and qualities of good life, and at the same time, he should also not be a spendthrift.

Credit cards are a very useful financial instruments: the problem is with their misuse. They do provide purchasing power but not income. These should be used only to bridge gaps during some emergent circumstances, when you are short of funds for a short period and are sure to cover the gap from your income shortly. Credit cards these days are offered along with a lot of benefits attached to them like cash backs, bonus points and interest-free credit for some time. These freebies are in fact bait on the hook and once you swallow it, you can’t resist the pull of the string. The result may be a dangerous debt trap depending on your own lifestyle.

Just think of the time when you would grow old and get retired and suddenly you cease to earn. Who will support you? Do you think your sons will support you? They may, but not with grace. Why should you depend on others and make yourself miserable at the fag end of your life? The old age is the golden period of your life when you should be free from tensions and worries and live with respect and dignity.

SO, PURSUE A HEALTHY LIFESTYLE DURING THE YOUNG AGE, MEET ALL LIABILITIES, AND BUILD A SUITABLE PENSION FUND TO TAKE CARE OF YOU DURING THE OLD AGE.

NATURE’s EQUILIBRIUM

We The Humans, who claim to be the finest of God’s creations and the most civilized ones; are in fact lacking many qualities which others creatures in lower forms of life have. We claim that we trust God but the fact is, that we don’t trust him fully.

No other creature on this planet is as dexterous as Humans when it comes to securing the tomorrow needs. We keep on hoarding as much wealth and other materialistic things as possible for us whereas all other creatures have full faith in HIM-The Almighty that he will arrange food for them when required. Humans are the only species on this globe which cultivates crops and other victual item but we accumulate them and don’t like to share with other Fellow Humans.

Have your ever observed the behavior of Crows when they find Food; the Crows start crowing loudly, inviting all the fellow crows to come and share the food with them.

This Ungenerous Human behavior is out of fear as to what will happen if there is no Food left on earth tomorrow. Have we ever thought when God takes care of the whole universe and its creatures, how can he forget to take care of a race which is most near and dear to him? Are we not prodigal sons? You must have heard of a prodigal son but have you ever heard of a prodigal father?

We kill birds, animals, reptiles for our food and don’t even hesitate to kill humans during wars or otherwise in order to prove our supremacy over others. Animals also kill but they kill to satisfy their hunger. We the humans resort to organized killings of our own race just because of anger, hate, and, intolerance and for that, we produce lethal weapons, ammunition, ballistic missiles, intercontinental missiles, atom bombs and other weapons of Mass Destruction. There is no other field where we have made as much progress as we have made in the creation of instruments of Mass Destruction. We explode crackers, bombs and other fireworks to mark celebrations which in turn creates a lot of pollution. Use of Air conditioners, Heaters, Automobiles, Airplanes, Electronic gadgets, and Chemical factories create a lot of pollution and contribute to Global Warming, which is a cause of worry for all of us. We all understand the consequences of increasing pollution and Global Warming. The world community also seems concerned about this danger and this issue is the hot topic of discussion these days in almost all the Highest Forums but Have we stopped manufacturing and using the items which create Pollution and Global Warming? The answer certainly is a big “NO”. WE THE DESCENDANTS OF ADAM AND EVE ARE USED TO EATING THE FORBIDDEN FRUITS. The man has already created holes in the Ozone layer and stockpiled atomic weapons. We have not even stopped the further production and God forbid if these go off at any time, then what will happen is well known to all of us.

God loves us all more than we love him so He will never bring “ROZ-E- QAYAMAT” OR GREAT DISSOLUTION. Its only we the so called Humans, will be responsible for it.

Huge resources are consumed for satisfying our urge to have supremacy in the field of the destruction of our own race. These resources if used for the welfare of mankind can remove poverty from the globe forever. We produce and use pesticides, insecticides and chemical fertilizers to kill pests and insects in order to produce more crop and fruits, little realizing that it adversely affects our own health as well as the fertility of the soil. All other creatures live upon natural products and that too in very less number, but can you just make a guess as to how many items we need for our daily life. The number may go up to thousands; and then the way we cook, fry, roast, bake, marinate and so on and so on….with no end. We eat for taste and not for nutrition. The end result is DISEASES and AILMENTS and in order to treat these, we consume more chemical compounds in form of MEDICINES; bitter enough to neutralize the taste we had from our choicest cuisines. Medicines do cure but have many adverse effects on our Body. We need doctors and surgeons to take care of our health. Do any other creatures need all this? Who takes care of them? It is only LORD because they trust and have full faith in HIM.

God designed this beautiful creation and asked mankind to go and enjoy his creation. He has created everything for us, but certainly not for any misuse or for the destruction of his beautiful creation, or for disturbing the beautiful balance of nature. If we disturb the balance of nature, nature will react and disturb our balance, leading to a catastrophe. Every other creature except humans contributes to the maintenance of Ecological and Environmental balance but we the Humans, who despite having the Super-intelligence bestowed upon us by our LORD, leave no stone un-turned to disturb it.

Why can’t we trust and realize his scheme of things? Don’t we see his beautiful Water Management System? He creates conditions to convert water into clouds, transports it from the oceans to the whole of the globe. Again reconverts it into the water for maintaining the ecology, environment, and life on the globe. He fills all reservoirs like ponds, lakes etc. for our future use and also creates reserves in the form of snow and glaciers. He created a mixture of useful gases around the globe for sustaining life. He kept minerals in the bosom of the earth for creating a balance and for our proper use. Is the magnificent gravitational force which keeps us comfortably bound to the earth, not a miracle? Why the gravitational force is not present on other planets? Is it not that wonderful? Humans were bestowed with the sense of comprehension to realize GOD but they are misusing this intellect to disturb His beautiful creation.

Still, there is time to listen to his commandments and imbibe the qualities of the Creator and stop listening to the voice of SATAN or SHAITAAN i.e. the negative energies surrounding us. The natural state of this God designed System is the perfect state and it is the best for us to leave it undisturbed. We need to mend our ways and make life worth living peacefully and with a lot of Happiness and Bliss.

LIFE

Life is a complex issue to understand. It is the best gift bestowed upon us, including all creation by the GOD. When we cant fully understand the design of his creation then how will we be able to understand Life with our little knowledge and intellect. However life can be defined as the absence of death, and death is the end of life. There is, therefore, something which goes off from living beings and causes death.

We believe that death happens or we can say life ends because of accidents, disease, heart attacks, bullets and bombs, tsunami, and natural calamities. Do everyone lose life when there is spread of disease, or there is an epidemic or accident, or there is war, or during a tsunami or natural calamity? Many people and creatures survive in spite all these happenings; don’t they? Some people traveling in same bus or train survive while others die, Many survived even during the Atom bomb attack on Hiroshima and Nagasaki. All marine life and plant, trees do not get uprooted or killed during great tsunamis.

Life sustains during earthquakes, no doubt that it becomes miserable for some and that too is a question, as to WHY?

All this is therefore not a cause to end life. It may be a reason. The birth and death are managed by GOD in a wonderfully styled design. The lifespan of all living creatures is well defined and is certain, in spite all human efforts to increase it. The upper limit is set for all by HIM. For instance, humans have a maximum of 100 years as the upper limit with some rare exceptions of few years. In spite of so much advancement in medical science including medicines, the upper age limit has not increased and life remains to be ending within the specified period allotted by GOD. If this is the state of affairs with the humans who consider themselves as TOP OF CREATION or “ASHRAF-AL-MAKHLOOQAAT”, what would be the fate of creatures in other lower categories?  Have we been able to reduce miseries of life, sufferings, pains, depressions, diseases, worries, tensions prejudices, and hate? Why people have different types and different periods of miseries or happiness or pleasures? To understand all this we have to turn to GOD himself, who has through his messengers explained all this as is contained in old scriptures. For understanding this we have to understand as to how life started on our planet.

Scientists believe that during explosions in sun’s molten mass a big and very hot chunk got separated from it, which continued to revolve around its source and with the passage of time its upper-crust cooled down and my contractions on the surface due to cooling, mountains were formed. It looks justifiable but then how was water formed that too in such a large quantity that seas and oceans were formed? How was air having all the useful ingredients and properties for sustaining life formed? Why this didn’t happen on any other known planet? Are not these wonderful mysteries. The theory of Evolution explains that life started in water and the first known living creature was Amoeba. How amoeba evolved, how it got transformed into other forms is not believably explained.

 Human beings are believed to be evolved from monkeys, then why not all monkeys became humans? Why there are still hordes of monkeys available? When will their turn come to become Top of creation?

Messengers of God tell us that all creatures live till there is life current present in them. The moment this life current which is a particle of GOD also known as Aatma, Rooh or Soul is withdrawn, the death takes over. To understand this phenomenon we have to understand the formation of this universe and ‘Law of Karma’. Scriptures tell us that this universe is made primarily of five elements:

  1. Water (liquids)
  2. Earth (solids)
  3. Air (gases)
  4. Fire (heat)
  5. Sense (sense of comprehension)

There are five main categories of living bodies; Vegetable kingdom, Reptile kingdom, Birds kingdom, Four-legged mammal’s kingdom, and above all, the Human kingdom. All the five categories have lakhs of different types of creatures living in the universe having similar characteristics. They differ in size, shape, color, and characteristics because of the presence of different types of basic elements in them in different proportions. The composition of these categories of living creatures is as under:-

  •  The first to come is the Vegetable kingdom. They have one element present in them i.e Water. All other elements are in very negligible quantity. They remain rooted to the ground and don’t travel distances.
  •  Second, comes the Reptile kingdom which has two elements present in them; Water and Earth and others being in negligible quantity. They too remain on the ground but can move distances by crawling.
  •  Birds kingdom has predominantly three elements present in them; Water, Earth, and Air. They can move on earth and can also fly in the air or swim in water.
  • The fourth being Four-legged animals have four elements present; Water, Earth, Air, and Fire. They remain on earth or in water and have the capacity to run fast.
  •  The Fifth class is that of Humans which have all the five elements in proper proportion present in them. What makes them different from all others is the element of the Sense of Comprehension present in them. They can learn and grow fast. What more they can do differently from others is well known to all of us. Humans are God’s top Creation and next only to him. It has the power to rise and merge with God and attain Salvation, Moksha, Mukti or Nejaat.

We know that all elements forming different categories of life as stated above are against one another. Water extinguishes the fire, fire evaporates water, air flares fire, earth dissolves in water. They don’t remain comfortable with each other. But they remain in complete harmony during their stay in different classes of life: WHY? The answer is the presence of the life current; the soul which keeps them in complete harmony. The moment the soul is withdrawn from the body, the decaying process starts and all these elements slowly and slowly disintegrate.

LAW OF KARMA

Law of karma; As you Sow, so shall you Reap. Every action creates a corresponding karma, good or bad. Why we have different lifespans, why some die as an infant, as a child, in young age and with accident, disease, or other reasons? All this is due to our own karmas. We cant escape results of karma’s and have to bear with them at some point of time most suitable for bearing them. Soul enters different classes of life depending on one’s karmas. Different categories of life and different sufferings are caused by different types of karmas.

PURPOSE OF HUMAN LIFE

Theory of evolution says that human life evolved through a long process of changes from lower life categories i.e. from Vegetable to Reptiles, then to Birds and Mammals and monkeys. True, but why?This all happened as a result of our own karma’s.

People became kings, paupers, laborers, bureaucrats, millionaires only because of their present, past or stored karmas. We the humans rose from lower to higher species and finally reached this top position.What should be our next goal now? What is the purpose of our life? Why God brought us to this life? Do we really understand the purpose of our life? We confuse it with an aim in life and start working to achieve that. Some aim to become kings, some bureaucrats, and industrialists. Some aim to have amazing wealth and for achieving their goal they work really hard and sometimes compromise with the principles of life thus adding to the already existing load of karmas. Our wishes have no limits but the period of stay in life is too short to fulfill all wishes. If all wishes are to be fulfilled then our lifespan should be unlimited but this can’t happen. This results in our rebirth in different species of life where those wishes could be fulfilled and these wishes are a cause of sustaining life in different categories. Just think, if everyone’s wish is to be fulfilled in his present life then the entire balance of nature, as well as systems, will collapse. It is just not possible. We have enjoyed everything very well while in different life categories and got this human life with God’s utmost grace. Our purpose of life should, therefore, be to rise above to next level i.e. GOD. The true purpose of life is to attain salvation, moksha or nejaat, which we can’t do in any other life form and only now in this human life by following the teachings of A PERFECT MASTER. Only they have the power to burn our stores of karmas and help us merge with GOD.

TIPS FOR INTERVIEWS

Interviews are conducted for a fresh appointment or for a departmental promotion. These are mostly held after successfully qualifying a written test and in certain cases of promotion after becoming eligible for the same depending on your length of service, qualification, performance, and annual performance reports etc.

Candidates must understand that the final merit would depend upon the marks they obtained in written test or for their performance in the department they have worked, plus the marks they obtain in the interview. Generally, the ratio of marks between the written test/performance to interview is 80:20. Your chances of success are therefore 4 times higher on your performance in the written test as compared to your performance in the interview. You should, therefore, be more concerned about your written test/performance, of course not belittling the importance of interview. An example below will make things more clear.

Suppose a candidate X secures 60 marks out of 80, in written test/performance and he for certain reasons fares not so well in the interview and is awarded 10 marks out of 20, as compared to candidate Y who fares very well in interview and secures 18 marks but has got 50 marks in written/performance test. Who will be on the top in merit list? Definitely X in spite his less score in the interview. So please work more seriously for the written test. However, interview definitely enhances your chances of success so also needs to be taken with equal seriousness.

Following tips will help candidates to successfully face an interview:-

  • Your desired level of knowledge and intelligence/performance is covered by the written test/departmental assessment in case of promotion. The interview is conducted to judge your personality, traits, aptitude, behavior, shrewdness, understanding of problems, innovative attitudes, patience, confidence level, the way of talking, convincing power, effectiveness and clarity in tone and speech, level of general knowledge and level of alertness etc. etc. All such things cant be evaluated by a written test, so interviews are conducted.
  • While going for an interview, please please stop discussing any issues regarding the interview with your co- interviewees at least half an hour before your turn for the interview is about to come. Remain silent, cool and composed during this period.
  • Generally, people become tense at the last moment and all their knowledge sometimes gets evaporated because of this last minute tension. Take a glass of water, gently rub your both hands on your face, neck, and ears. Take three to four deep breaths and feel easy before entering the interview room. This will ease your tension.
  • Please understand that you are going for an interview before a group of intelligent people from whom you may learn a lot during your interactions.You are not going before a police team for an interrogation, then why fear? Go with full confidence.
  • When the bell rings for calling you in, please enter the room gracefully and wish all committee members with a smiling face. Don’t say “May I come in,” as the ringing of the bell itself is a permission for you to enter the venue. Don’t sit on the chair unless asked to do so.
  • When asked to sit, sit straight facing the interview committee. Don’t lean against the back of the chair. Don’t sit cross-legged. Don’t rub or close your hands or make fists. Keep your hands comfortably on your thighs and use them to make natural gestures while making a point.
  • Remain composed and confident with the natural smile on your face. Don’t look here and there. A good interviewer will make you comfortable by asking about you. Keep eye contact with the person who is talking to you but don’t stare at him. You can read many things from his body language and act accordingly. Give the precise answers.
  • Go well prepared about the subjects you have studied or the pieces of training you have undergone, as you may be asked about them in the interview. Simply saying that it was long that you studied the subject or underwent training shows how poorly you have taken your studies and trainings. It creates an impression in the mind of interviewing committee that you would take the job assigned with same lack of seriousness as in your studies and trainings, and that will be a negative thing for you. Try to recollect things and try to explain whatever you remember.
  • You may be asked as to how you would be useful to the organization you are going to join if selected or how best you would deliver in case promoted to a higher cadre. Here think for a while and put up your proposal in an effective and convincing manner. You should go prepared for such questions. Simply saying that you will work hard with dedication shows lack of innovative ideas. Give something solid.
  • Remain attentive and understand the question well before reacting. Don’t overreact or start lengthy discussions. Don’t fumble.
  • Even if you don’t know the answer to a particular question, never get tense. You are not supposed to know everything. Don’t guess and start beating around the bush, instead politely say sorry and depending upon the atmosphere and mood of the interviewer, respectfully request him to clear the point for updating of your knowledge.
  • Speak clearly with normal speed and pitch which is comfortably audible to the interviewer.
  • When you are confident about the answer you gave, please stick to it. Sometimes interviewer may try to confuse you just to check the level of your confidence. Stay firm on your stand with confidence and respect. Always remain polite. Don’t falter or get perturbed. Your confidence and calmness would make you face the interview well.

After the interview is finished the chairman of the committee will signal you to leave. Don’t start begging for the post by putting up adverse conditions of your family or chances you have already missed. This shows lack of self-confidence and is against the general ethics. No one is going to give you extra marks on such issues. Just stand up, wish all members respectfully, and gracefully walk out. Don’t rush or stumble, as all your moves are under the observations of the interviewing committee.

 

HOW AND WHERE TO INVEST SAVINGS

THE YIELD OR THE RETURN ON INVESTMENT IS DIRECTLY PROPORTIONAL TO THE RISK YOU TAKE. SO YOU SHOULD TAKE A WELL CALCULATED RISK AND IT DEPENDS UPON YOUR OWN JUDGEMENT AS TO HOW MUCH RISK YOU ARE PREPARED TO TAKE. PLEASE AVOID TAKING HIGH RISKS UNLESS YOU ATTAIN EXPERTISE IN MARKET FORCES

Once you are in the habit of saving, you should start investing in different schemes of different financial institutions. Four things are to be taken into consideration before deciding to park your saved funds in different schemes. Financial institutions/mutual fund companies have all types of tailor-made schemes for different maturities and you can choose those which suit your requirements. The issues to be considered before investment are:-

  • Safety of your funds.
  • The risk involved or quantum of risk you are prepared to take for your investment.
  • The rate of growth of your invested funds.
  • The maturity period of scheme you intend to invest in.

You may have bulk funds available or a regular monthly salary/income. Options available for investment of bulk funds in order of safety and risk are:

  • Sovereign Gold bonds.
  • Real estate.
  • Banks term deposits.
  • Debt linked instruments of the reputed mutual fund company.
  • Equity-linked instruments of the reputed mutual fund company.

For savings out of regular monthly salary/income, the available options are:

  • Saving bank account of banks
  • Recurring deposit account of banks
  • Debt linked SIP(Systematic investment plan) of the reputed mutual fund company.
  • Equity-linked SIP of the reputed mutual fund company.

THE GOLDEN RULE OF INVESTMENT

THE YIELD OR THE RETURN ON INVESTMENT IS DIRECTLY PROPORTIONAL TO THE RISK YOU TAKE. SO YOU SHOULD TAKE A WELL CALCULATED RISK AND IT DEPENDS UPON YOUR OWN JUDGEMENT AS TO HOW MUCH RISK YOU ARE PREPARED TO TAKE. PLEASE AVOID TAKING HIGH RISKS UNLESS YOU ATTAIN EXPERTISE IN MARKET FORCES.

Then there are high-risk options such as Equity market. It is always advisable to avoid investment in equity market directly unless you fully understand the nitty-gritty of the Equity market as well as the movement of local as well as world economies and political climates. Investment in the equity market is advised through equity-linked mutual fund schemes.

Ponzi schemes promising very high returns don’t have any sound base and support systems and people have lost their fortunes in such schemes. Don’t get lured by such schemes.

RECENTLY BITCOINS HAVE COME INTO GLOBAL MARKET WHERE PEOPLE HAVE ALTHOUGH MADE EXTORBITANT PROFITS YET IT IS HIGHLY RISKY TO INVEST IN BITCOINS BECAUSE THEY DO NOT HAVE ANY BASE. NO GOVT. OF ANY COUNTRY HAS RECOGNISED BITCOIN AS A SOUND INVESTMENT.
IT IS CRYPTOCURRENCY HAVING NO SUPPORT. IT’S BUBBLE CAN BURST ANY TIME RESULTING IN VERY HEAVY LOSSES, SO DONT BE LURED BY SUCH RISKY INVESTMENTS.

60% of your net monthly saving is advised to be invested in reputed mutual fund companies in the ratio of 50% in debt and 50% in equity-linked SIP or Recurring deposit scheme of banks for a period of 15 years. 40% of net saving every month be kept in saving bank account. Amount so accumulated in this account be converted into term deposit of 50 thousand or one lac or 5 lac as the case may be for the period of your of your choice. Keep on renewing the term deposits on due dates or invest in any high yielding scheme of financial institutions. You should not keep all eggs in one basket.

And above all, there is an investment which we should never forget to make whenever we receive an income or salary and that investment is CHARITY for a good cause. The amount of investment/donation depends upon your own will; no bindings. However, some religions have mandated a percentage of income as charity, like Sikhism, which advice to donate 10% of your income in the charity called DASWANT and in Islam the limit is 2.5% called ZAQAAT. Charity purifies your income provided it is out of honest means, and purely organic in nature. Any income out of dishonest means, corruption, cheating or any illegal means is inorganic in nature which may infect your organic and healthy income. No charity of whatsoever amount out of such income can purify your wealth. No one can get peace of mind in life out of such income and it always leads to problems and problems only.
Slowly and steadily you will accumulate enough wealth to take care of your future needs.

Till you are in active service/earning stage, you should continue parking your savings in growth schemes and meet your social and moral responsibilities. And once you retire, better keep saved funds in monthly yielding schemes of financial institutions to augment your monthly income and live a peaceful life with financial independence.

WHY AND HOW MUCH TO SAVE

Saving is a habit, a technique which should be taught from the very childhood lest it becomes too late.

In olden days parents used to give the earthen piggy bank to their children and advise them to put whatever coins they get from their relatives and create an amount which could suffice them for spending during the village fair or on birthday. This was to inculcate a habit of saving as well as making them understand the value of money and training them to become self-sufficient for meeting any future expenses. This culture has either evaporated or lost its importance because of the changing times and lifestyle of people.  Savings are as important in present times as were before. We save not only for ourselves but for the nation as a whole.

Afterall what is saving? Should one wait till he has enough?. Enough is not an absolute term it is comparative.Enough will never come to those, for whom enough is too little.One should, therefore, start saving from the day he receives his first salary/income.For that, he has to plan his expenses in such a way that they are always less than the monthly salary/income.Saving is income minus expenses, and that should always be positive.How beautifully one manages this is his individual effort and skill.One can manage his expenses as he likes and at the same time, there is no limit to the quantum of expenses one can make. So one should try to cut his coat according to his cloth so as to save something for future.

There are some urgent future expenses which one has to meet such as for the education of children both primary and higher/professional, building a dream house, buying a car, marriage of daughter or son and for meeting any other unforeseen eventualities.

With the passage of time, your income/salary may increase and so will your expenses.The size of family and their needs will also increase. You have therefore to manage all this and save a suitable percentage of salary/income every month so that you can build enough portfolio to take care of all your future requirements.  A proper planning in this direction can make your life easy at the time of meeting your social obligations.

At various stages of life and career, you have to face different problems but you have to manage in such a way that you continue to save regularly without any break. Following are various stages and circumstances through which one passes in life after starting his career/business.

  • When bachelor you are single and can manage to cut your expenses by living as paying guest or sharing accommodation and joint mess with friends and colleagues.Please start saving from day one.Don’t wait for tomorrow as that will never come and ultimately you will get into deferring your saving plans. By continuous, regular and suitable savings you can build handsome amount to meet your future needs.The percentage of savings at this stage is the highest.

SAVING SHOULD ALWAYS BE FROM HONEST EARNINGS.DONT GO FOR QUICK BUCKS BY RESORTING TO CORRUPTION, MALPRACTICES OR SPECULATIVE ACTIVITIES.PLEASE REMEMBER ANY INCOME EARNED OUT OF HONEST MEANS IS AN AMBROSIA/NECTER AND INCOME BY DISHONEST MEANS IS LIKE NARCOTICS. YOU WILL GET ADDICTED TO IT ONCE YOU TASTE IT.THIS WILL NEVER GIVE YOU PEACE OF MIND BUT TROUBLE, TROUBLE, AND TROUBLE ONLY.
AN HONEST LIVING IS THE BEST LIVING.

  • You will get married.Your income may increase depending on whether your spouse is an earning hand.your expensed will increase as now you cant afford to share accommodation and mess. Neither can you be a paying guest? Your percentage of saving is bound to decrease.
  • You will have your lovely sibling/siblings and for their maintenance, you have to spend a part of your income resulting in a further reduction in percentage in saving.
  • Schooling of children, higher education, professional education and meeting their needs and inspirations further reduces the percentage of savings. This is the most crucial part of your life.You have to acquire your dream house, buy a car or other items of utility and raise loans from financial institutions. You must do this to save any escalation of cost on these urgent requirements. The EMIs on such loans may take a toll on your take-home income but will not be having any effect on your percentage of savings.Interest on housing loan will be deducted from your total taxable income while calculating tax so you save a lot of tax thus increasing your net income. The amount of repayment qualifies for investment in tax saving instruments. You have acquired an asset by raising a loan for which you pay EMIs which otherwise you would have to acquire out of your savings at a later stage. EMI, therefore, is not cut on your percentage of savings.
  • You may or may not be in earning service by the time your children are settled.You should be able to carry on with life comfortably and independently.Your savings, pension etc.should be enough to meet your needs.

You should always try to help and give and never expect to receive from others. Leading a simple and comfortable life should be our motto. A complex lifestyle is always troublesome and devoid of peace of mind. Following table suggests what the percentage of your savings can be at different income levels, different stages of life, the different set of locations and size of the family.

Note: Salary/income shown in the table above is net after statutory deductions such as income tax medical insurance etc.Percentage of total saving includes deductions on account of life insurance, EMIs for loans taken( excepting consumption loans), provident fund, NPS etc.