I’m back after long time & I think its high time that I update this blog with a new post. Today, I booked Hero Octane 26T. Hero’s Octane 26T is an alumnium bike with shock absorbers & disk breaks. The bike is one of its kind as it has 21 gears!
Well, now the schoker! While other bikes in market cost around 2-3k bucks, this one costs only 8.5k! 😯 That’s lots of money, honey! That’s only one thing. Few days ago, I bought a Levi’s jeans for 2.2k bucks! Few months back I bout a pair of Nike for 5k bucks! So is Mr. Big K a spendthrift?
Maybe he is. Money is a means to make things happen and it is not ‘everything’. I buy ‘stuff’ because I can afford it. Quality comes at a price and I’m convinced about it. I have my fundamentals clear – I want to enjoy the best things. Money will make me enjoy them & I must be careful about money. Being careful does not mean that I should start saving money right away. Saving won’t make me rich enough to buy a Ferrari or a Private Jet. Probably I need to master the subject of money (its much more than MBA-Finance, really). I understand the importance of saving. I understand that money can grow by investing; but we need to look much beyond Mutual Funds & Stock Market. Real Estate is just one vehicle, there’s a big world beyond it.
I’m surprised to see people around me who earn a lot more than I and yet think Rs. 5000/- Nike pair is waste of money. Why do we earn money for? For me, the money has value only when you spend it. My estimate of expenditure on the so called ‘Rainy Day’ is around Rs. 200k. I don’t think I’ll need more than that if anything goes seriously wrong.
Above all, we need to be the masters of money & not the slaves of it.
-The Big K-