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Posts Tagged ‘Savings’

What they don’t teach you in B-Schools

Posted by Sathyamurthy www.sathyamurthy.com on September 18, 2008

You don’t have to study in B-Schools or turn to the B-School experts to know how to save your money, earn better returns and enjoy your life.

Good advice comes from people who have lived their life in a disciplined way and have followed simple but effective rules.

I was watching today on Television an interview of Mrs. Raja Sulochana one of the famous actresses of South Indian cinema who is now retired.

She said that she leads a happy life and is comfortable following what her father told. Here is what her father told her:

a) Set aside a per centage of your earnings for your old age. Think that you never earned it.

b) Set aside a per centage of your earnings for paying your taxes to Government. It is what you contribute to the society.

c) Then don’t think twice about spending the balance. Spend that amount to get the fullest happiness that you can afford with that money

Mrs. Raja Sulochana is not and her father was not B-School graduates. But, they seemed to know what is good and what is bad.

How simple and easy our life will be, if we followed these simple rules.


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