How to Manage Finances For Month #LearnFromWife

I was facing difficulty with managing my finances. Maybe because, I was trying to do it on my own. I failed a couple of times and sought counsel from my wife. That turned out to be a good practice. It helped me manage not just money but added effectiveness, love and respect in my relationship as well. Read on to find the simple trick for effective finance planning.

I have been working in the field of marketing for last 3 years. When I calculated the amount I have received from various sources I was amazed at the number. I have earned 10 to 11 Lakh Rupees of salary. I took the personal loan of 2 lakh from a bank. I earned as much as 50 thousand rupees from my investments. Inspire of all this, my savings are close to zero. I have not built any assets. Nor I have invested in any shares or bonds keeping the larger picture in mind.

To learn the art of managing finances, I shuffled through some books, some books came my way, I watched some videos. Finally I found a book I can relate to. 

The secret of managing our finances lies in one simple thing- the willingness to do so. Many of us are not simply aware that we need to start saving. RIGHT NOW. Some of us have got good jobs, some of us are born with silver spoon in their mouth while some of us believe in living for the day. But, neglecting the much needed need of savings can be disastrous in long term.

Just think about this, how have you prepared for medical emergencies; have to taken care of the education of your children; how have you taken care of your retirement funds. If the answer to any of the above questions is negative you should start building your savings right away.

The technique I am going to discuss is the simple one. And is equally effective. 

Buy three piggy banks. Lable them as “SPEND / DONATE”, “EMERGENCY FUNDS”  ,”SAVINGS / INVEST”. As soon as you receive your paycheck you need to segregate it. 

It is advisable to put 10% of amount in savings box. By savings box, I imply putting the money in savings account or buy shares, bonds. Invest the money. Dont let it lie idle. Remember the science of inflation, the money kept unused reduces in value over the period of time.

One should put close to 15 – 20% of the salary or earnings into Emergency funds. You can use this amount in the times of needs. This money can be used to meet with medical situations, education of the children etc. 

The remaining amount is for you. You can pay your rent, EMI ,buy things etc with it. But, no matter what happens let your savings grow. Do not use the emergence funds casually. 

I have started planning my expenses and savings right on my salary day. I separate the amounts of day one itself. Thankfully my wife is a pro in this art. I may take savings casually but she doesn’t. She takes pen and paper and plans out the foreseen expenses. While she does so, she keeps separate funds for movies and entertainment. It’s always good to seek counsel from your wife. That way she feels the responsibility equally. She gets the respect she deserves. By including her in planning your finances you give her a place of equality. That’s a must have thing for a healthy relationship. 

 I suggest you do the same. It’s the effective way of building a good future for you and your loved ones.

Do write back your views. I would like to learn how you manage your savings. 

How to Love Someone? #WithFullHeart

My wife has joined a new job from yesterday. Now she needs to leave for work at 7 AM sharp. The funny thing about her is she is never on time. Sometimes I feel that there might be something utterly wrong with her sense of timing.

I am a very serious person. When it comes to reaching somewhere on time, I can’t help but reach on time. Every time. That’s actually a good trait in me, but nevertheless it hurts my relationships sometimes. Especially when I am married to a girl who is never on time.

The bad thing is, We all have some or other deficiencies in us. The good thing is, We all have some specialities too. Human mind is a one complex place. It takes bad things rather seriously. The same used to be pricking thorn in my relationship. I used to get utterly upset over my wife when she made me late.

It had been around two months and I was growing irritated with her over timing issues. Fortunately enough, I started noticing that I hated to get upset. Now I have reached to the solution of the problem. It’s Love.

When I married her, I married her with her good and bad qualities. Like all of us, she has got some deficiencies, but that doesn’t make her bad person. Neither me having some good qualities make me a superior person to her. That just left me with one option- to love her for who she is and not for what I want her to be. 

So, today morning, I woke up earlier than her and helped her be ready on time. That way I found the joy of showing my love for her. It was just a small work of 20 minutes, each minute I felt love overflowing in me. That’s certainly a treat for my soul.

I hope you liked my experience. Do share your views on the same.

A Happy Couple #SecretOfHappyMarriage

The secret of happy marriage is sharing time with each other. I found this secret when i observed the happy couple on morning walk. That set me thinking about it. Read to explore and share ideas.

A morning walk is a collage of different emotions. I get to walk a lot of happy faces every morning. When I come back from the walk, I come with the impression of these faces on my mind. I have always felt lucky that I live at the location where people of every religion, every status live in harmony. These days the month of Ramadan is progressing. I saw the happy faces of 2 of fellow Muslim morning walkers. It felt like they had washed themselves in the holy waters of peace. They appeared like the symbol of peace in their white kurtas. 

At one point I felt sad that such a beautiful religion, preaching of love And peace is wrongly catalogued these days. 

Today is Saturday, for me, this is a lazy morning. My body and mind are craving for Sunday. They get the rest on Sunday. It had rained yesterday and i couldn’t jog as the track had become muddy. 

I came back from walk with the impression of a Happy couple on my mind. This couple had come for The walk. It was an ordinary couple. They were both in there mid thirties. The extranordinary thing I got to witness was, they were really in love with each other. They seemed to enjoy each others company. For them the world did not exist. It seemed that they had found love recently. But looking at how comfortable they were, I thought they were married for quite some time now. There love and happiness set me thinking for the secret they shared. I found the secret of happy married life today. At least, I think I have.

The secret of happy married life, or the happy life for that matter, lies in sharing. The couple was happy because they shared the most important thing in the world- TIME. They took time to be with each other. They took steps towards happiness. They knew what’s it that both of them enjoyed. And they took time to enjoy it together.

Many of us want to know, where the secret of happy life lies. They search for it in the books and movies. They also seek professional help to improve their marriage. But the secret is simple. All you need to do is to spend time with each other. Find out what’s it that both of you enjoy. It might not be the morning walk. But, I sincerely believe and have observed that all of us have the set of likings and dislikings. Among the married couples there are atleast a couple of common things that both of them enjoy. It might be food, the sex, the meditation, the religious activities, the music, the literature etc. But there are things that both the husband and wife like. For happy married life, I believe, its important that we find time to spend time with each other doing things both the partners enjoy.

This will establish and strengthen the special bond of love between husband and wife. This will make the couple crave for each others company when they aren’t near. This will make them fall in love with each other again and again. And most importantly, this will form memories they will cherish their lifetime. 

Please write back your suggestions and experiences in the comments. I would like to listen to your insights.